The expansion of information & communication technology (ICT) is continuing in OECD countries and the world economy – partly due to the ongoing fall of relative ICT prices. The continuing absolute fall of ICT prices and ICT capital prices, respectively, is not adequately considered in the...

Summary: The traditional discussion about CO2 emissions and greenhouse gases as a source of global warming has been rather static, namely in the sense that innovation dynamics have not been considered much. Given the global nature of the climate problem, it is natural to develop a more dynamic...

Taking a closer look at the EU’s approach to enhanced surveillance, one finds that the approach of coordinated surveillance of autonomous fiscal policies of Euro member states is unlikely to deliver meaningful results. The widespread public perception that there is a general debt crisis in the...

The Transatlantic Banking Crisis has strongly raised debt-GDP ratios in many OECD countries and this is undermining the economic recovery. As regards the euro zone there are special problems which are partly related to lack of fiscal discipline in Greece and to the Irish economic crisis which...

This analysis takes a closer look at the costs and risks of nuclear energy – including the considerable shadow subsidies allocated to nuclear power – a crucial issue after the Fukushima accident. The liability insurance in Germany covers only ¼ of the damages covered in the US, but in both...

The role of information and communication technology (ICT) is discussed both with respect to economic growth and green global modernization. ICT stands for the most innovative sector in the EU and the US; high productivity growth and digital product innovations are characteristics of this...

Dieser Beitrag thematisiert marktwirtschaftliche Perspektiven der europäischen Energiepolitik. Hierbei werden Effizienz, Umweltfreundlichkeit und Versorgungssicherheit als Ziele betrachtet und neue Vorschläge für eine konsistente Regulierung im Strommarkt vorgelegt. Hier wird die kostenlose...

Thematisiert wird die Rolle potenzieller bzw. angedrohter Regulierungsmaßnahmen bzw. von informeller "Schattenregulierung" in der Telekommunikationswirtschaft. Analytischer Rahmen ist dabei die Existenz multinationaler Unternehmen in offenen Volkswirtschaften, was als der Realität angemessener...

Die Regulierung von Märkten für innovative digitale Produkte und Dienste wirft eine Reihe grundsätzlicher Fragen auf, die nachfolgend zunächst aus theoretischer Sicht betrachtet werden. Dabei werden auch Aspekte des Schumpeterschen Innovationswettbewerbs in offenen Volkswirtschaften...

A new approach for analyzing technological progress is presented in the context of a quasi-Cobb-Douglas production function which offers within a simple and consistent equation interesting options for identifying different types of technological progress. In particular the approach suggested...