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In this paper, we examine the inconclusive debate on regulatory competition in Europe. We demonstrate that the recent expansion in the EU company law has created archetypal underpinning for formation of regulatory competition: the ground-breaking "triptych" of the ECJ on Centros, Überseering,...
Persistent link: https://www.econbiz.de/10003740283
industrial districts, innovative clusters with reference to OECD, regional knowledge production, milieus & sticky knowledge …-level activities and externalities for knowledge accumulation but also for the specification of technology. It remains particularly … sheds light on the interplay between knowledge flows and externalities of cluster-specific populations and the agents' use …
Persistent link: https://www.econbiz.de/10003958844
firm of locating its activities (production, headquarters, R&D, logistics and sales) close together. We find that, after …. However, the impact of distance is dependent on the type of investment (production or service). While within-firm co …-location is important for both service and production activities, only production plants are likely to be located close to prior …
Persistent link: https://www.econbiz.de/10008808240
There is extreme heterogeneity of firms regulated under the European Emissions Trading Scheme (EU ETS) in terms of emissions evels and employed technology. We present a model that shows that behavior of firms under quantity regulation can differ strongly, dependent on the characteristics of the...
Persistent link: https://www.econbiz.de/10009159878
The EU has been promoting unbundling of the transmission grid from other stages of the electricity supply chain with the aim of fostering competition in the upstream stage of electricity generation. At presence, ownership unbundling is the predominant form of unbundling in Europe. However, the...
Persistent link: https://www.econbiz.de/10011348069
For a sample of 1243 European companies, we analyse the link between firm type and foreign direct investment (FDI) locations. We find substantial empirical evidence that being a family firm does not only affect the overall propensity for FDI but that this effect is also specific to target...
Persistent link: https://www.econbiz.de/10009752143
Rugby union only went professional in 1995, much later than other major team sports resulting in major changes in league structures. Different arrangements regarding revenue sharing and salary caps between the three main European rugby leagues provides an opportunity to test the impact of such...
Persistent link: https://www.econbiz.de/10009731745
This paper examines the employment effects of acquisitions for acquired European firms taking non-random selection of acquisition targets explicitly into account. Following the empirical firm growth literature and theories put forward in the mergers and acquisition (M&A) literature we control...
Persistent link: https://www.econbiz.de/10009731774