The paper examines the role of the vertical structure of the public sector for economic growth in Germany in a long …, federal government activities could have substantially contributed to productivity growth. A review of the German experience … the public sector with regard to productivity growth, since the results indicate that a smaller budget share of the state …

In this paper, a new approach to disclose the impact of politics on economic growth is presented: we use data derived … growth negatively; those which proposed incentives for business as well as technology and infrastructure had a positive …

innovative performance and growth. Consequently, this study investigates whether Young Innovative Companies, as defined by the EU … YICs can be differentiated from New Technology Based Firms and small young firms in terms of growth, pointing to the … R&D intensive (R&D intensity > 15%). In our estimations, we also take the underlying distribution of the growth …

This study examines the consequences of loan denials for the investment performance of small and medium-sized German … investment than non-innovative companies. The non-randomness of loan denials is controlled for with a selection equation …

This study analyses relative sectoral specialisation of EU regions on the basis of investment and employment patterns …

effort. The results have important consequences for investment decisions at private companies. …

This research investigates the hypothesis that publicly funded scientific research complements private R&D investment … in the pharmaceutical industry. New microlevel data on public research investment by the U.S. National Institutes of … explaining pharmaceutical R&D investment. Using a panel of therapeutic classes observed over eighteen years, the analysis finds …

applied to an Euler equation model of firm investment behaviour with imperfectly competitive product markets for a small panel … constants are provided. Whereas the estimation results from the usual GMM estimator would contradict the theory, the empirical …