Showing 1 - 10 of 343
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
This study focuses on the effect of public funding on internal R&D investment and on total innovation intensity on a … whether or not governments could further foster R&D activities by extending innovation policies to currently not supported …
Persistent link: https://www.econbiz.de/10010302597
innovations reduce employment. We detect skill biased technological change of environmental innovations. Environmental innovations …
Persistent link: https://www.econbiz.de/10010297743
The literature on skill-biased technological change concentrates on highly skilled and unskilled employees. It is … rich data set. The paper shows that innovation expenditures and investments in information and communication technologies …
Persistent link: https://www.econbiz.de/10010297747
-friendly technology. Sceptics worry about the effects of regulation-induced environmental technology on firms' competitiveness. Since … innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating … environmental damage. Using matching techniques, we study the short-term effects of regulation-induced environmental technology on …
Persistent link: https://www.econbiz.de/10010327790
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
-friendly technology. Sceptics worry about the effects of regulation-induced environmental technology on firms' competitiveness. Since … innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating … environmental damage. Using matching techniques, we study the short-term effects of regulation-induced environmental technology on …
Persistent link: https://www.econbiz.de/10010985640
, 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
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
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