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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 … Trading Scheme (EU ETS). Our results suggest that EU Emission Allowance (EUA) price developments matter to the stock …
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 …
Persistent link: https://www.econbiz.de/10003770912
Most observers have concluded that while money markets and government bond markets are rapidly integrating following the introduction of the common currency in the euro area, there is little evidence that a similar integration process is taking place for retail banking. Data on cross-border...
Persistent link: https://www.econbiz.de/10003784658
Ambitious unilateral EU environmental policy has raised concerns about adverse competitiveness implications for … measures to address these concerns in the EU Emission Trading Scheme (EU ETS): border tax adjustments (BTA) and the Clean … policy on energy-intensive and export-oriented industries. The regulatory protection of these industries via subsidies for EU …
Persistent link: https://www.econbiz.de/10003777863
This literature review analyses the impacts of the EU ETS on competitiveness focussing on existing simulation studies … the EU ETS are smaller than the impacts of alternative Kyoto-based regulation scenarios. Compared to these other … regulation methods ETSs can have positive competitiveness effects. However, the EU ETS is not designed to boost Europe’s economy …
Persistent link: https://www.econbiz.de/10003357010
Ownership structures widely differ across the EU. While large blockholdings dominate in the banking sector in … governance in the EU banking sector. This paper analyzes the efficiency of shareholder control and hostile takeovers as corporate … governance mechanisms in the EU banking sector against the background of the regulatory environment and differences in the …
Persistent link: https://www.econbiz.de/10003793860
This paper aims to study geographical and multi-product linkages of markets (multiple market presence) and firm behaviour interdependence as a result of such linkages existence. In particular, it attempts to answer whether the multimarket linkages lead to more cooperative behaviour among the...
Persistent link: https://www.econbiz.de/10003793979
In the advent of postal market liberalization in several European countries we expect that the incumbent operators anticipate entry by competitors who are not required to offer universal service, i.e. coverage of the entire country and uniform pricing. The market for postal service exhibits...
Persistent link: https://www.econbiz.de/10003794001