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Persistent link: https://www.econbiz.de/10003395399
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Gaining access to technological assets and patents, in particular, has long been a major motive and objective for firm acquisitions. On the one hand, patents are used as a building instrument for the acquirer's technology portfolio. On the other hand, patents can be attractive because of their...
Persistent link: https://www.econbiz.de/10003728399
subsidisation, price effects ensuing from a hypothetical world oil price reduction linked to substitution in the EU market, and …
Persistent link: https://www.econbiz.de/10003728599
This paper constitutes to our best knowledge the first econometric analysis on stock market effects of the EU Emission … differently to EUA appreciations in comparison to depreciations. The carbon market effect is shown to be both time- and … countryspecific: It is particularly strong for the period of EUA market shock in early 2006, and differs with respect to the countries …
Persistent link: https://www.econbiz.de/10003745110
This paper analyses the growth effects 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/10003770912
the introduction of the common currency in the euro area, there is little evidence that a similar integration process is … role of an active market for corporate control and of competition in banking integration. European listed banks … no tendency to revert to a common target rate of profitability. Overall, the banking market in Europe appears far from …
Persistent link: https://www.econbiz.de/10003784658
"where-flexibility" of emission abatement thus represents an attractive market-based alternative to the application of border …
Persistent link: https://www.econbiz.de/10003777863
This literature review analyses the impacts of the EU ETS on competitiveness focussing on existing simulation studies. We have identified the choice of the reference scenario as the most critical issue for an appropriate analysis of the relevant literature. We find, however, that effects of the...
Persistent link: https://www.econbiz.de/10003357010
been improved by a better protection of minority shareholder rights, the efficiency of the takeover market has been reduced …
Persistent link: https://www.econbiz.de/10003793860