This paper estimates the effect of heterogeneous university funding stemming from the German Excellence Initiative on a regional firm’s probability to innovate by using a multi-valued two-way fixed effects difference-in-differences model. The estimations show that funding an additional...

Bildung und Wissenschaft sind auch ein Wirtschaftsfaktor. Die regionalwirtschaftliche Bedeutung dieses Wirtschaftsfaktors läßt sich anhand der Nachfrage-, Produktivitäts- und Standorteffekte der Sach- und Personalausgaben für die Hochschulbildungs- und Wissenschaftseinrichtungen empirisch...

German universities are regarded as being under-financed, inefficient, and performing below average if compared to universities in other European countries and the US. Starting in the 1990s, several German federal states implemented reforms to improve this situation. An important part of these...

This paper concentrates on international fiscal competition for internationally mobile direct investment. We differentiate between multinational enterprises whose direct investments are internationally mobile and domestic enterprises whose investment activities are limited to their country of...