This paper analyzes the effect of environmental regulation on stock returns (as a measure of economic performance) for German energy corporations. By using event study methodology, we consider the last minute victory of the acting government in the 2002 German federal elections to the Lower...

Die Dissertation analysiert das Verhältnis zwischen ökonomischem Erfolg, Umweltregulierung und Energiemarktentwicklungen. Es wird aufgezeigt, dass die ökonomischen Folgen der jüngsten Klimapolitik der Europäischen Union gering waren. Ihre Ausgestaltung wird in einen polit-ökonomischen...

This paper analyzes the effect of environmental regulation on stock returns (as a measure of economic performance) for German energy corporations. By using event study methodology, we consider the last minute victory of the acting government in the 2002 German federal elections to the Lower...

In view of the controversial policy debate on “green” growth and corresponding stimulus packages we empirically investigate the production effects of environmental investment as well as of environmental and energy expenditures. Using a panel dataset of German manufacturing sectors our...