TY  - RPRT
        AU  - Blien, Uwe
AU  - Suedekum, Jens
AU  - Wolf, Katja
        TI  - Local Employment Growth in West Germany: A Dynamic Panel Approach
        PY  - 2005/Aug/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 1723
        UR  - https://www.iza.org/publications/dp1723
        AB  - In this paper we study the dynamics of local employment growth in West Germany from 1980 to 2001. Using dynamic panel techniques, we analyse the timing of the impact of diversity and specialisation, as well as of the human capital structure of local industries. Diversity has a positive effect on employment growth in the short run, which is stronger in manufacturing than in services. Concerning specialization we find evidence for mean reversion, which is inconsistent with the idea that growth emphasizes itself. But there is considerable inertia in this process. A positive effect of education is only found in manufacturing. Additionally, we look at the impact of firm size and regional wages on local employment growth.
        KW  - externalities
KW  - egional labour markets
KW  - urbanization and localization effects
KW  - local employment growth
KW  - dynamic panel estimation
        ER  -