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...

Der deutsche Strommarkt ist im Umbruch. Strom aus erneuerbaren Quellen verdrängt solchen aus konventioneller Erzeugung. Gleichzeitig wird immer mehr Elektrizität im Norden Deutschlands produziert und muss zu den Verbrauchern im Süden transportiert werden. Die bestehende Marktordung fordert...

This paper constitutes a first analysis on stock returns and stock return volatility of energy corporations from the Eurozone. According to our results, the gas market does not play a role for the pricing of Eurozone energy stocks. However, changes in the Euro to U.S. Dollar exchange rate as...

We carry out a detailed CGE (Computable General Equilibrium) analysis of the EU Decarbonisation Roadmap 2050 on a macroeconomic and on a sectoral level. Herein, we study a Reference scenario that implements existing EU policies as well as 3 unilateral and 3 global climate action scenarios. We...

We carry out a detailed CGE (Computable General Equilibrium) analysis of the EU Decarbonisation Roadmap 2050 on a macroeconomic and on a sectoral level. Herein, we study a Reference scenario that implements existing EU policies as well as 3 unilateral and 3 global climate action scenarios. We...

In dieser Studie werden die Anreize für Innovationsaktivitäten von Firmen mit beschränkter und unbeschränkter Haftung untersucht. Innovationen sind mit einem gewissen Risiko behaftet. Firmeneigner können ihr persönliches Risiko jedoch begrenzen, wenn das Unternehmen eine Rechstform mit...

This study tests for financial constraints on R&D investment and how they differ from capital investment. To identify constraints in the access to external capital, we employ a credit rating index. Our models show that internal constraints, measured by mark-ups, are more decisive for R&D than...

A diverse set of tools has been developed in Industrial Ecology to tackle the problems caused by human economic activity. These instruments include Life Cycle Assessment (LCA) and Material Flow Analysis (MFA). Especially LCA is now increasingly used in policy making. Design and Evaluation of...

In this paper, we identify key drivers and barriers for the adoption of building energy retrofits in Germany, which is promoted by public policy as an important measure to address the future challenges of climate change and energy security. We analyze data from a 2009 survey of more than 400...

We study the coagglomeration of domestic plants and foreign multinationals and the impact of this on domestic plant growth using data for Irish manufacturing. To this end we make use of the index developed by Ellison and Glaeser (1997) and find coagglomeration to be important for a number of...