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Productivity, markups, and reallocation : evidence from French manufacturing firms from 1994 to 2016
De Monte, Enrico - 2024
This paper investigates the evolution of aggregate productivity and markups among French manufacturing firms between 1994 and 2016, by focusing on the role of reallocation with respect to both aggregate measures. Firm-level productivity and markups are estimated based on a gross output translog...
Persistent link: https://www.econbiz.de/10014468964
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Energy use patterns in German manufacturing since 2003
Graevenitz, Kathrine von; Rottner, Elisa - 2020
, the manufacturing sector's energy use and carbon emissions are of crucial importance for reaching Germany's climate goals …
Persistent link: https://www.econbiz.de/10012167058
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Is Germany becoming the European pollution haven?
Graevenitz, Kathrine von; Rottner, Elisa; Richter, … - 2023
differences between Germany and other EU countries which affect the shadow price of carbon emissions. We calibrate a Melitz … how regulatory stringency evolved in the EU and Germany in terms of an implicit carbon price paid on emissions. This price … – both in Germany and other EU countries. The trend is more pronounced in Germany than in the rest of the EU. In …
Persistent link: https://www.econbiz.de/10014472797
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What drives carbon emissions in German manufacturing : scale, technique or composition?
Rottner, Elisa; Graevenitz, Kathrine von - 2021
Carbon emissions from German manufacturing have increased over the past decade, while carbon intensity (emissions per Euro of gross output) has declined only slightly. We decompose changes in emissions between 2005 and 2017 into scale, composition (changes in the mix of goods produced) and...
Persistent link: https://www.econbiz.de/10012485520
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Climate protection potentials of digitalized production processes : microeconometric evidence?
Axenbeck, Janna; Niebel, Thomas - 2021
Although information and communication technologies (ICT) consume energy themselves, they are considered to have the potential to reduce overall energy intensity within economic sectors. While previous empirical evidence is based on aggregated data, this is the first large-scale empirical study...
Persistent link: https://www.econbiz.de/10012816326
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What drives carbon emissions in German manufacturing : scale, technique or composition?
Rottner, Elisa; Graevenitz, Kathrine von - 2022 - This version: August 26, 2022
Drastic emission reductions are necessary to combat climate change. However, despite several climate policies, carbon emissions from German manufacturing have actually increased between 2005 and 2017. In this paper, we provide evidence of how the policy mix overall has affected the German...
Persistent link: https://www.econbiz.de/10013382489
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The organization of knowledge in multinational firms
Gumpert, Anna - 2015
This paper provides the first in-depth study of the organization of knowledge in multinational firms. The paper develops a theoretical model that studies how firms optimally split knowledge between their headquarters and their production plants if communication costs impede the access of...
Persistent link: https://www.econbiz.de/10011373085
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The organization of knowledge in multinational firms
Gumpert, Anna - 2017
This paper provides the first in-depth study of the organization of knowledge in multinational firms. In the theory, knowledge is a costly input for firms that they can acquire at their headquarters or their production plants. Communication costs impede the access of the plants to headquarter...
Persistent link: https://www.econbiz.de/10011697278
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Determinants of bank interest margins : impact of maturity transformation
Entrop, Oliver; Memmel, Christoph; Ruprecht, Benedikt; … - 2012
This paper explores the extent to which interest risk exposure is priced in bank margins. Our contribution to the literature is twofold: First, we present an extended model of Ho and Saunders (1981) that explicitly captures interest rate risk and returns from maturity transformation. Banks price...
Persistent link: https://www.econbiz.de/10009572494
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Will German banks earn their cost of capital?
Dombret, Andreas R.; Gündüz, Yalın; Rocholl, Jörg - 2017
In recent years, the German banking sector has overcome major challenges such as the global financial crisis and the European debt crisis. This paper analyses a recent development as a particular determinant of the future outlook for the German banking sector. Interest rates are at historically...
Persistent link: https://www.econbiz.de/10011589380