"Development" can be defined and measured in a great variety of ways. The human development index used by the United Nations Development Programme represents an attempt to place the emphasis on human welfare rather than on the progress of the national economy. This index, however, contains a...

The Ricardian model is often considered of limited use and scope for the explanation of trade flows, as it cannot account for various important aspects of real world trade such as innovation goods or intra-industry trade. This is basically due to the fact that the Ricardian model is usually...

The paper explores theoretically and empirically why trade intermediaries (TIs) are frequently used as agents for exports to some countries but not to others. We adapt a standard intra-industry trade model with variable export costs (e.g. transport) and fixed export costs (e.g. market access) to...

This paper addresses German energy policy instruments and their compatibility with WTO rules. Germany and the EU are forerunners in international climate change policy and driving forces behind the 1997 Kyoto Protocol. German energy policy includes approaches to foster electricity generation...

This paper explores the mechanisms by which economic integration leads to increased trade between new and old member states of the EC. Theoretical considerations imply that the increase in the export value should, to a large extent, be due to new exporters entering new markets. Moreover, small...

Vor zehn Jahren haben erste Unternehmen damit begonnen, ihre Käuferschaft nach dem „Pay-what-you-want“-Prinzip entscheiden zu lassen, wieviel sie für eine in Anspruch genommene Leistung zahlen will. Parallel dazu hat die Verhaltensökonomik in Laborexperimenten oder Feldversuchen...