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frameworks to study investment pathways consistent with a net zero industry transformation. We find that a mix of measures … investment efforts needed for a green transition of the analyzed sectors1 amount to EUR2.7trn until 2050 of which 8% or EUR210bn … reduction for the European industrial sector is estimated at 265 MtCO2 (-92%), which yields an average abatement investment of …
Persistent link: https://www.econbiz.de/10014295121
Persistent link: https://www.econbiz.de/10003395368
Employing a wide range of individual-level surveys, we study the extent of cultural and institutional heterogeneity within the EU and how this changed between 1980 and 2008. We present several novel empirical regularities that paint a complex picture. While Europe has experienced both systematic...
Persistent link: https://www.econbiz.de/10011653722
Preferences about the vertical distribution of power in federal systems are not well understood. I argue that negative historical experiences with higher-level governments can plausibly raise demands for exit strategies and a devolution of power. But integration, for instance delegating power...
Persistent link: https://www.econbiz.de/10012171727
The idea that certain economic variables are roughly constant in the long-run is an old one. Kaldor described them as stylized facts, whereas Klein and Kosobud labelled them great ratios. While such ratios are widely adopted in theoretical models in economics as conditions for balanced growth,...
Persistent link: https://www.econbiz.de/10013041372
The national income and product accounts double-count investment, which enters once when it occurs and again in present … gross investment. In the steady state, revised product and income correspond to consumption. Outside of the steady state …, the measure deviates from consumption because full expensing relates to the long-run flow of gross investment, not the …
Persistent link: https://www.econbiz.de/10012016061
There is a lack of clear evidence of the ways in which dividend taxation affects dividend distributions and investment … old view of dividend taxation. -- corporate income taxation ; dividends ; investment ; tax reform …
Persistent link: https://www.econbiz.de/10003872811
The degree of endemic volatility in the number of firms and establishments varies considerably across industries. Examining the within-industry range of variation (max.-min.) of the number of firms over our sample period, the low and high values across U.S. manufacturing industries are 4 and...
Persistent link: https://www.econbiz.de/10011508062
Many cartels are formed by individual managers of different firms, but not by firms as collectives. However, most of the literature in industrial economics neglects individuals' incentives to form cartels. Although oligopoly experiments reveal important insights on individuals acting as firms,...
Persistent link: https://www.econbiz.de/10012938866
We propose an analysis of platform competition based on the academic literature with a view towards competition policy. First, we discuss to which extent competition can emerge in digital markets and show which forms it can take. In particular, we underline the role of dynamics, but also of...
Persistent link: https://www.econbiz.de/10012258099