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The role of additionality in the EU cohesion policies : an example of firm-level investment support
Brandsma, Andries; Ciaian, Pavel; Kancs, D'Artis - 2010
studies how additionality affects the distributional effects of the ECP. Using the example of the firm-level investment … investment additionality and the level of competition importantly affect the distributional effects of the ECP. Imposing … benefits firms. In an imperfectly competitive environment the firm-level investment support may increase capital use and may be …
Persistent link: https://www.econbiz.de/10011524820
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Rates of return and alternative measures of capital input : 14 countries and 10 branches, 1971 - 2005
Oulton, Nicholas; Rincon-Aznar, Ana - 2009
We employ the EU KLEMS database to estimate the real rate of return to capital in 14 countries (11 in the EU, three outside the EU) in 10 branches of the market economy plus the market economy as a whole. Our measure of capital is an aggregate over seven types of asset: three ICT assets...
Persistent link: https://www.econbiz.de/10003894482
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A new world post COVID-19 : lessons for business, the finance industry and policy makers
Billio, Monica (ed.); Varotto, Simone (ed.) - 2020 - 1st edition
Persistent link: https://www.econbiz.de/10012307709
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Public expenditure and international specialisation
Brülhart, Marius; Trionfetti, Federico - 2001
It is widely recognised that public-sector purchasers tend to discriminate in favour of domestic suppliers. We study the consequences of home-biased public procurement on international specialisation. In the theoretical analysis we find two effects. First, a country will specialise in the sector...
Persistent link: https://www.econbiz.de/10010295571
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Ex-ante regulation and ex-post liability under uncertainty and irreversibility: governing the coexistence of GM crops
Beckmann, Volker; Soregaroli, Claudio; Wesseler, Justus - 2009
Ex-ante regulations and ex-post liabilities for using a new technology will induce additional costs for adopters. The standard model is advanced by including irreversibility and uncertainty and taking into account transaction costs of negotiating possible cost reductions. The case analysed is...
Persistent link: https://www.econbiz.de/10010299491
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Ex-ante regulation and ex-post liability under uncertainty and irreversibility: governing the coexistence of GM crops
Beckmann, Volker; Soregaroli, Claudio; Wesseler, Justus - In: Economics: The Open-Access, Open-Assessment E-Journal 4 (2010) 2010-9, pp. 1-33
Ex-ante regulations and ex-post liabilities for using a new technology will induce additional costs for adopters. The standard model is advanced by including irreversibility and uncertainty and taking into account transaction costs of negotiating possible cost reductions. The case analysed is...
Persistent link: https://www.econbiz.de/10010299956
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Humankapital und Wirtschaftswachstum in den Regionen der EU
Dreger, Christian; Erber, Georg - In: DIW Wochenbericht 75 (2008) 29, pp. 402-408
Die Fähigkeit zur Einführung neuer Produkte und Verfahren ist in einer sich rasch wandelnden globalen Wissensgesellschaft zu einem entscheidenden Faktor für den wirtschaftlichen Erfolg geworden. Die Wachstumsperspektiven von Ländern und Regionen hängen in hohem Maße von ihrer Ausstattung...
Persistent link: https://www.econbiz.de/10011601847
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The Spatial Organization of Multinational Firms
Defever, Fabrice - 2011
controlling for regional characteristics, being closely located to a previous investment positively affects firm location choice …. However, the impact of distance is dependent on the type of investment (production or service). While within-firm co …
Persistent link: https://www.econbiz.de/10014186995
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Real Effects of the ECB's Quantitative Easing : A Housing Portfolio Channel
te Kaat, Daniel; Ma, Chang; Rebucci, Alessandro - 2021
We propose a new housing portfolio channel through which QE affects output. In response to QE, intermediaries rebalance portfolios from bonds to houses, lowering the return to saving and stimulating consumption and output. We study this channel empirically in a German housing boom without credit...
Persistent link: https://www.econbiz.de/10013238890
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The Spatial Organization of Multinational Firms
Defever, Fabrice - 2010
controlling for regional characteristics, being closely located to a previous investment positively affects firm location choice …. However, the impact of distance is dependent on the type of investment (production or service). While within-firm co …
Persistent link: https://www.econbiz.de/10013135178