Appropriate policy measures to attract private capital in consideration of regional efficiency in using infrastructure and human capital.

Autor/in	Schaffer, Axel
Titel	Appropriate policy measures to attract private capital in consideration of regional efficiency in using infrastructure and human capital.
Quelle	Karlsruhe: KIT u.a. (2011), [17] S., 1,34 MB PDF als Volltext kostenfreie Datei (1); PDF als Volltext kostenfreie Datei (2); PDF als Volltext kostenfreie Datei (3); PDF als Volltext kostenfreie Datei (4) Link als defekt meldenVerfügbarkeit
Reihe	Working paper series in economics. 31
Beigaben	grafische Darstellungen
Sprache	englisch
Dokumenttyp	online; Monographie; Graue Literatur
DOI	10.5445/IR/1000023668
URN	urn:nbn:de:swb:90-236682
Schlagwörter	Regionalpolitik; Innovationspolitik; Standortpolitik; Bildungsinvestition; Investition; Arbeitspapier; Infrastruktur; Deutschland
Abstract	Regional economic policy disposes of two principal options to attract private capital, which in turn helps to safeguard employment and to foster regional growth. On the one hand, regional policy could seek to enhance a region's level of public capital (e.g. transport infrastructure), which as a consequence makes the region more attractive to private investors in general. On the other hand, private capital could be attracted in a more direct way by proposing specific innovation, SME or cluster programs. The success of both options is partly driven by the regions already existing level of region specific production factors and the ability to use these factors efficiently. Indirect approaches to attract private capital seem to be particularly promising for efficient regions (no matter of the absolute level of public capital). In contrast, inefficient regions shall benefit more from specific programs. However, for Germany the factual pattern seems to be the other way around, which could widening rather than closing the income gap among regions.
Erfasst von	ZBW - Leibniz-Informationszentrum Wirtschaft, Kiel
Update	2011/4