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Agrarpolitik gerechtfertigt. Das Arbeitspapier analysiert am Beispiel Bio-Ethanol als Benzinsubstitut auf nationaler und … Treibhausgasbilanzen die tatsächlichen Auswirkungen der Förderung und einer möglichen vermehrten Verwendung von Bio-Ethanol untersucht …. Dabei zeigt sich, dass die Verwendung von Bio-Ethanol zur Reduktion von Treibhausgasemissionen ineffizient ist und …
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Employing a continuous-time real options modeling framework, this paper scrutinizes the incentives to invest in German offshore wind farms. The focus of the analysis is the mode of action of the German feed-in tariff system for offshore wind energy deployment. The numerical results reveal that...
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The dissertation mainly consists of two articles: INVESTMENTS IN KAZAKHSTANI DAIRY FARMING: A COMPARISON OF THE CLASSICAL INVESTMENT THEORY AND THE REAL OPTIONS APPROACH Abstract This study analyzes the explanatory potential of the real options approach (ROA) regarding the reluctance of...
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The data indicate that non-wage labour costs in Germany have reached a record high in recent years. From 1972 to 2001, the ratio of non-wage labour costs to direct compensation in West German manufacturing industry rose from 55.6 per cent to 81.2 per cent. The topic of non-wage labour costs is...
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Kazakhstan and Germany have different development levels of the agricultural sectors. One of the explanations for this fact might be the different investment behavior of farmers in the two countries. We experimentally analyze whether the investment behavior of farmers is consistent with the...
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