Showing 1 - 10 of 149
cost pass-through is by far the prevailing behaviour of German energy-intensive sectors participating in the EU Emissions … induced by the EU ETS are therefore likely to be absorbed through a reduction of profit margin, creating incentives to …
Persistent link: https://www.econbiz.de/10013132950
This paper considers the impact of European telecom regulation on the value of affected companies. Employing a repeating AR-GARCH model, I compare the effect of three types of regulation which are categorized based on the addressed subject, i.e. cross-market, country-specific and...
Persistent link: https://www.econbiz.de/10013135018
States and their representatives, national governments, play a key role in national telecommunication markets. As lawmakers, they determine the playing field of the agents in the markets and the decision powers of national regulators. Simultaneously, they are involved in appointing presidential...
Persistent link: https://www.econbiz.de/10013135019
This paper explores the ability of European refineries to pass-through costs associated with the introduction of the EU … Emissions Trading Scheme (EU ETS). We estimated a sequence of vector error correction models (VECM) within a multi …-national setting which covers 14 EU member states. Using weekly data at the country level, this paper finds a significant influence of …
Persistent link: https://www.econbiz.de/10013135020
adaptation costs in the EU, divided by impact sectors. The findings show an expectedly large public burden in the adaptation of …
Persistent link: https://www.econbiz.de/10013139867
The paper analyses alternative investment policies and their consequences for the evolution of human capital in Europe based on a model of age dependent skill formation where the life span depends on investments during childhood. What makes the approach special is the analysis of the returns to...
Persistent link: https://www.econbiz.de/10013124628
This paper analyses fundamental location factors for the financial industry by investigating the economic significance of market participants' assessments of location factors and country-specific characteristics over time. A unique data set allows studying the locational attractiveness of...
Persistent link: https://www.econbiz.de/10013097020
We provide an overview of public support for the European car industry during the past decade. First, we identify the most relevant instruments of public support, and review their economic assessment. The European Commission increasingly recognizes the role of economic analysis in controlling...
Persistent link: https://www.econbiz.de/10013097024
We provide an empirical assessment of EC cartel enforcement decisions between 2000 and 2011. Following an initial characterisation of our dataset, we especially investigate the determinants of the duration of cartel investigations. We are able to identify several key drivers of investigation...
Persistent link: https://www.econbiz.de/10013097696
International shipping is an important emitter of greenhouse gases. The International Maritime Organization (IMO) is discussing different approaches to reduce maritime CO2 emissions, in particular market-based mechanisms. In this paper, we assess potential implications of a maritime emission...
Persistent link: https://www.econbiz.de/10013103826