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Policy-induced environmental technology and incentive efforts: Is there a crowding out?

Hottenrott, Hanna; Rexhäuser, Sascha - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013

innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating …. However, we do not find negative effects on the number of ongoing R&D projects, investments in innovation-related fixed assets … or on the outcome of innovation projects. Likewise, for firms with subsidy-backed environmental innovations no crowding …

Persistent link: https://www.econbiz.de/10010985640

Are intangibles more productive in ICT-intensive industries? Evidence from EU countries

Chen, Wen; Niebel, Thomas; Saam, Marianne - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2014

Using sectoral intangible investment data we confirm that intangible capital is a significant determinant of labour productivity growth. The sectoral setting further allows us to identify the differential impacts of intangible capital across industries with varying degrees of ICT intensity....

Persistent link: https://www.econbiz.de/10010957594

Bigger cakes with less ingredients? A comparison of material use of the world economy

Pothen, Frank; Schymura, Michael - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2014

The amount of materials used worldwide in production and consumption increased by 56 per cent from 1995 to 2008. Using an index decomposition analysis based on the logarithmic mean divisia index, we investigate the drivers of material use, both on a global and a country scale. We exploit a panel...

Persistent link: https://www.econbiz.de/10010957623

Using surveys of business perceptions as a guide to growth-enhancing fiscal reforms

Misch, Florian; Gemmell, Norman; Kneller, Richard - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013

This paper assesses the merits of using surveys of business perceptions of growth constraints as a guide to growth-enhancing fiscal policy reforms. Using endogenous growth models in which the government levies an income tax to provide public inputs to the production of private firms, the paper...

Persistent link: https://www.econbiz.de/10010957636

Revisiting the link between growth and federalism: A Bayesian model averaging approach

Asatryan, Zareh; Feld, Lars P. - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013

Following the ambiguous results in the literature aimed at understanding the empirical link between fiscal federalism and economic growth, this paper revisits the question using a Bayesian Model Averaging approach. The analysis suggests that the failure to appropriately account for model...

Persistent link: https://www.econbiz.de/10010957697

Intangible assets and investments at the sector level: Empirical evidence for Germany

Crass, Dirk; Licht, Georg; Peters, Bettina - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2014

This paper investigates the role intangible capital plays for economic growth in different sectors in Germany. It consists of two major parts. In the first part, we aim at measuring investment in intangibles at the sector level. We shed light on differences across sectors but also compare these...

Persistent link: https://www.econbiz.de/10010957714

Growth and welfare maximization in models of public finance and endogenous growth

Misch, Florian; Gemmell, Norman; Kneller, Richard - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2011

This paper evaluates the trade-off between growth and welfare maximization from two perspectives. Firstly, it synthesizes and extends endogenous growth models with public finance to compare growth and welfare maximizing tax rates. Secondly, it examines the distinct model outcomes in terms of...

Persistent link: https://www.econbiz.de/10009211175

Expenditure reform in industralised countries: a case study approach

Hauptmeier, Sebastian; Heipertz, Martin; Schuknecht, Ludger - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2006

This study examines reforms of public expenditure in industrialised countries over the past two decades. We distinguish ambitious and timid reformers and analyse in detail reform experiences in eight case studies of ambitious reform episodes. We find that ambitious reform countries reduce...

Persistent link: https://www.econbiz.de/10005097556

Public Sector Centralization and Productivity Growth: Reviewing the German Experience

Stegarescu, Dan; Büttner, Thiess; Behnisch, Alexej - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2002

The paper examines the role of the vertical structure of the public sector for economic growth in Germany in a long?term perspective. A theoretical model shows that, due to spillover effects of public service provision across lower level governments, federal government activities could have...

Persistent link: https://www.econbiz.de/10005097558

Does EU Cohesion Policy Promote Growth? Evidence from Regional Data and Alternative Econometric Approaches

Mohl, Philipp; Hagen, Tobias - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008

This paper analyses the growth e®ects of EU structural funds using a new panel dataset of 124 NUTS-1 / NUTS-2 regions over the time period 1995-2005. We extend the current literature with regard to at least three aspects: First of all, we extend the time period of investigation, using...

Persistent link: https://www.econbiz.de/10005097715

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