In the US or in the UK, the presence of institutional investors in real estate markets is an old phenomenon. Specifically, Real Estate Investment Trusts are an old industry. Due to a difference in tax law, the market share of REITs in Germany has been minimal until very recently. Now the...

This paper investigates the long-term trend and the underlying determinants of public sector centralization in Germany from 1871 until today. The institutional and the quantitative review of the German history provides no conclusive evidence for a continuous process of government centralization...

In der modernen Veredlungswirtschaft nimmt Nordwestdeutschland mit den Intensivregionen Weser-Ems und Westfalen-Lippe eine herausragende Position im internationalen Wettbewerb ein (Spiller et al. 2005; Windhorst und Grabkowsky 2008). Vor dem Hintergrund neuer ökonomischer, rechtlicher und...

In this paper we examine the content of farm animal biodiversity conservation measurescurrently under implementation in the European Union (EU), as a result of the application of EC Regulations 1257/99 and 1750/99. We surveyed 69 Rural Development Plans (RDPs) set up in EU Member States. Our...

We report the results of a choice-experiment study to model preferences over a selection of breed traits of 'creole' pigs. The study was conducted amongst households of backyard producers and small farmers rearing this local breed in Yucatan, Mexico. Hypothetical choice data were collected to...

This paper outlines some key factors contributing to the erosion of animal genetic resources and discusses strategic options for livestock sector policy makers to counter such erosion in their respective countries.The ratification of the Convention on Biological Diversity (CBD) in 1993...