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Dynamic Optimal Capital Structure and Technological Change
Lööf, Hans - 2003
This paper incorporates the cost of adjustment between observed and optimal leverage in explaining the variation in firm?s equity or bank-debt financing investments. Using a dynamic adjustment approach identifies the determinants to capital structure between different financial systems. In...
Persistent link: https://www.econbiz.de/10010298124
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The employment impact of cleaner production on the firm level: empirical evidence from a survey in five European countries
Rennings, Klaus; Zwick, Thomas - 2001
This paper analyses the determinants of employment reactions of firms when environmental innovations have been carried out. It differentiates hereby between employment increases and decreases. The data stem from a telephone survey covering more than 1500 firms in five European countries that...
Persistent link: https://www.econbiz.de/10010297743
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New technologies and the demand for medium qualified labour in Germany
Jacobebbinghaus, Peter; Zwick, Thomas - 2001
rich data set. The paper shows that innovation expenditures and investments in information and communication technologies …
Persistent link: https://www.econbiz.de/10010297747
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Policy-induced environmental technology and incentive efforts: Is there a crowding out?
Hottenrott, Hanna; Rexhäuser, Sascha - 2013
innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating …. However, we do not find negative effects on the number of ongoing R&D projects, investments in innovation-related fixed assets … or on the outcome of innovation projects. Likewise, for firms with subsidy-backed environmental innovations no crowding …
Persistent link: https://www.econbiz.de/10010327790
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A global decline in research productivity? Evidence from China and Germany
Böing, Philipp; Hünermund, Paul - 2020
In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U.S. economy during the last 40 years. In this paper, we replicate their findings for China and Germany, using detailed firm-level data spanning three decades. Our results indicate that...
Persistent link: https://www.econbiz.de/10012290495
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Policy-induced environmental technology and incentive efforts: Is there a crowding out?
Hottenrott, Hanna; Rexhäuser, Sascha - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013
innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating …. However, we do not find negative effects on the number of ongoing R&D projects, investments in innovation-related fixed assets … or on the outcome of innovation projects. Likewise, for firms with subsidy-backed environmental innovations no crowding …
Persistent link: https://www.econbiz.de/10010985640
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The Determinants and Effects of Environmental Product Innovations - An Analysis on the Basis of Case Studies
Tuerpitz, Katharina - 2003
, regulation appears to be one of the main drivers of ecological innovation. New technology is the second most important stimulus …
Persistent link: https://www.econbiz.de/10010297309
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Determinanten des technischen Fortschritts auf Branchenebene: Ein Überblick
Harabi, Najib - 1997
Die heutige intensive Auseinandersetzung mit dem Fragenkomplex "technischer Fortschritt" hat verschiedene historische Wurzeln und entstammt verschiedenen Forschungsrichtungen. Technischer Fortschritt wird heute von den meisten Ökonomen als ökonomisches Phänomen anerkannt, dem volle...
Persistent link: https://www.econbiz.de/10010297548
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Innovations induce asymmetric employment movements
Zwick, Thomas - 1999
This paper provides a labour supply explanation to the observation that in Germany employment changes are asymmetric during the business cycle. Employment increases are slower, because the reservation wage of workers increases in times of job uncertainty. Workers are afraid in those periods of...
Persistent link: https://www.econbiz.de/10010297625
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Employment impacts of cleaner production: evidence from a German study using case studies and surveys
Pfeiffer, Friedhelm; Rennings, Klaus - 1999
The study assesses net employment effects of technical progress which can be expected by the ongoing transition from end-of-pipe technologies towards cleaner production. Empirical evidence is presented on the basis of case studies and panel data including a telephone survey in German industry....
Persistent link: https://www.econbiz.de/10010297631