For most multi-period decision-making problems, it is generally well-accepted that the influence of information about later periods on the optimal decision in the current period reduces as we move farther into the future. If and when this influence reduces to zero, the corresponding problem...

This paper examines whether exporting activity matters for firm?s price cost margins. The recent literature on exporting and productivity shows that exporters on average are more efficient than nonexporters. If that is the case we may also expect them to have different mark-ups. We investigate...

This paper examines whether exporting activity matters for firm's price cost margins. The recent literature on exporting and productivity shows that exporters on average are more efficient than nonexporters. If that is the case we may also expect them to have different mark-ups. We investigate...

Deutsche und ausländische Unternehmen haben ihre Forschungsund Entwicklungsinvestitionen in Deutschland in den letzten Jahren beständig gesteigert. Mit gut 45 Milliarden Euro lagen die Aufwendungen im Jahr 2009 um ein Drittel über dem Niveau von 2001. Während die ausländischen Unternehmen...

In an influential paper Mankiw, Romer, and Weil (1992) argue that the evidence on the international disparity in per-capita income levels and growth rates is consistent with a standard Solow model, once it has been augmented to include human capital as an accumulable factor. In a study on...

Deutsche Konzerne wie Volkswagen, Daimler, Bosch und Siemens gehören zu den forschungsstärksten der Welt. Trotz gestiegener Aufwendungen für Forschung und Entwicklung im Ausland verliert der Heimatstandort für diese Unternehmen nicht an Bedeutung. Ausländische Unternehmen tragen in...

Deutsche und ausländische Unternehmen haben ihre Forschungsund Entwicklungsinvestitionen in Deutschland in den letzten Jahren beständig gesteigert. Mit gut 45 Milliarden Euro lagen die Aufwendungen im Jahr 2009 um ein Drittel über dem Niveau von 2001. Während die ausländischen Unternehmen...

In this paper we present latest facts about the R&D activities of German multinational companies abroad and R&D activities of foreign companies in Germany. These results confirm that Germany is still an attractive location for R&D activites of multinational companies in many technological...

This paper contributes to the debate on the internationalization of the R&D activity of multinational enterprises (MNEs). Specifically, we examine the following research questions: (1) What are the determinants of the MNEs' R&D internationalization level? (2) What types of internationalization...

In this paper we present latest facts about the R&D activities of German multinational companies abroad and R&D activities of foreign companies in Germany. These results confirm that Germany is still an attractive location for R&D activites of multinational companies in many technological...