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The industrial sector is responsible for roughly one quarter of global greenhouse-gas (GHG) emissions. To align sector pathway developments with overarching net-zero transition goals in different industries, governments are required to understand sectoral reduction potentials to efficiently...
Persistent link: https://www.econbiz.de/10014295121
. China's contiguous geography allows bureaucrats to establish an autocratic tax system whereas Europe's split geography …Eric Jones has found that excessive taxes were detrimental for pre-modern China's economic growth whereas moderate … taxes were conducive for Europe's economic growth. This paper provides a political-economic answer to the question why these …
Persistent link: https://www.econbiz.de/10010391803
Western Europe. An important factor, recognized in the literature, is that China centralized state institutions very early on … different social organizations (clans in China, corporate structures in Europe) that spread in these two societies at the turn …This paper discusses the historical and social origins of the bifurcation in the political institutions of China and …
Persistent link: https://www.econbiz.de/10014265605
The debate on trade and growth increasingly focuses on the composition of exports. Exports of more "sophisticated" products appear to be positively correlated with growth, and upgrading the quality of exports is high on the policy agenda of many countries. This study presents evidence suggesting...
Persistent link: https://www.econbiz.de/10003922581
A national-champions-related industrial policy has become (again) en vogue among European politicians. Against this background, our work orders different types of national champions along the industry lifecycle. Different types of locally bound externalities appear along the lifecycle. In a...
Persistent link: https://www.econbiz.de/10003749485
compensate firms for international labor cost differentials. Using panel data for western Europe, we then put the model … in eastern Europe, we find strong support for the model prediction that countries with relatively high labor costs tend …
Persistent link: https://www.econbiz.de/10008697519
Using a large data set of European firms, this paper provides evidence that operations at multinational headquarters are significantly more profitable than operations at their foreign subsidiaries. The effect turns out to be robust and quantitatively large. Our findings suggest that the...
Persistent link: https://www.econbiz.de/10003922612
Persistent link: https://www.econbiz.de/10003462031
A reasonable future for Europe can only be achieved if two essential elements are fulfilled: Firstly, newly established …
Persistent link: https://www.econbiz.de/10011919540
This paper reviews the U.S. welfare reform efforts over the 1990s and the effects of these reforms to date. Seven lessons of potential interest to European observers are discussed, with particular attention to the conclusions of more recent research. Such research indicates, for example, that...
Persistent link: https://www.econbiz.de/10011410428