Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/32132 
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dc.contributor.authorKosfeld, Reinholden
dc.contributor.authorEckey, Hans-Friedrichen
dc.contributor.authorLauridsen, Jørgenen
dc.date.accessioned2007-09-05-
dc.date.accessioned2010-05-14T11:59:38Z-
dc.date.available2010-05-14T11:59:38Z-
dc.date.issued2007-
dc.identifier.urihttp://hdl.handle.net/10419/32132-
dc.description.abstractIn EU countries, knowledge on spatial disparities in overall price level is extremely scarce. When interregional price disparities are large, however, nominal income measures fail to assess prosperity and the catch-up processes of regions. Despite its importance for regional policy, no official regional price statistic is available as a standard. On account of this gap, this paper deals with the econometric estimation of regional price indices for German NUTS 3 regions. Econometric price models for the consumer price index (CPI) and the housing rent index (HRI) are developed on the ground of utility maximization in a two-goods model. The estimated price indices are used to analyse price disparities in the period 1995-2004 across German NUTS 3 regions. Real income comparisons show that the East/West gap is likely to be substantially larger than assessed from incomplete price data in previous studies.en
dc.language.isoengen
dc.publisher|aUniversität Kassel, Fachbereich Wirtschaftswissenschaften |cKasselen
dc.relation.ispartofseries|aVolkswirtschaftliche Diskussionsbeiträge |x93en
dc.subject.jelC21en
dc.subject.jelR13en
dc.subject.jelR31en
dc.subject.ddc330en
dc.subject.keywordRegional price levelen
dc.subject.keywordeconometric price modelsen
dc.subject.keywordprice disparitiesen
dc.subject.keywordreal income disparitiesen
dc.subject.stwRegionale Preisstrukturen
dc.subject.stwRegionale Disparitäten
dc.subject.stwRegionale Entwicklungen
dc.subject.stwVolkseinkommenen
dc.subject.stwDeutschlanden
dc.titleDisparities in prices and income across German NUTS 3 regions-
dc.typeWorking Paperen
dc.identifier.ppn541752030en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:kasvdb:93en

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