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dynamics. We investigate this reallocation in terms of employment gains and losses from innovation. New employment created by … product innovation may be offset by employment losses in related products, known as ‘cannibalisation’ or ‘business stealing …’ effects in the literature, by employment losses from process and organisational innovation and by general productivity …
Persistent link: https://www.econbiz.de/10014124162
We employ a detailed two-stage model to simulate the operation of the Central Eastern European electricity market and network. Implementing different cases of coordination in congestion management between national transmission system operators, numerical results show the beneficial impact of...
Persistent link: https://www.econbiz.de/10011436037
The construction of a second Baltic Sea natural gas pipeline from Russia to Germany (Nord Stream 2) is very controversial for political, energy economic, and ecological reasons. The project owner and some European energy companies argue that it is a profitable, private-sector investment project...
Persistent link: https://www.econbiz.de/10011869413
The deregulation process in the EU electricity sector triggered strategic decisions that led to industry restructuring. This paper presents preliminary evidence of the impact of this process on investors, using event studies and estimation techniques such as least squares and GARCH. Our findings...
Persistent link: https://www.econbiz.de/10013058185
Persistent link: https://www.econbiz.de/10011689933
Persistent link: https://www.econbiz.de/10011704678
. These allow accounting for both the direct effects of sectoral regulation on within-sector performance and the indirect … effects of sectoral regulation on firms in other sectors through intersectoral input-output linkages. Our econometric … at the global technological frontier and a catch up term. We assume that regulation can affect productivity growth both …
Persistent link: https://www.econbiz.de/10013129907
regulation and recently imposed fiber access regulations. Our main finding is that more stringent access regulations for both the …
Persistent link: https://www.econbiz.de/10012951112
regulation and recently imposed fiber access regulations. Our main finding is that more stringent access regulations for both the …
Persistent link: https://www.econbiz.de/10012934097
This study investigates the potential real effects of accounting-based, self-imposed, regulation in sports. We focus on … Financial Fair Play (FFP) regulation that was enacted in European football in 2013. The regulation imposed on clubs … employ players owned by clubs toward the threshold. We find that the regulation increased the overall volume of transfers of …
Persistent link: https://www.econbiz.de/10013312220