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In the German automobile industry the vertical integration, as an indicator of value added, is on average low. Beyond the argument of relative high labour costs for manufacturing, several specific reasons for the level of vertical integration, linked to the flexibility of business administration...
Persistent link: https://www.econbiz.de/10003592932
Central and Eastern European countries with the liberalisation process and the recent accession to the EU are, nowadays, well engaged in trade with partner countries and at the same time receive significant and increasing interest from foreign investors. Trade and Foreign Direct Investment can...
Persistent link: https://www.econbiz.de/10012724580
Industrial demand response can play an important part in balancing the intermittent production from a growing share of … the electricity market - in facilitating industrial demand response. Based on the results from semi-structured interviews … with German demand response aggregators, as well as a wider stakeholder online survey, we examine the role of aggregators …
Persistent link: https://www.econbiz.de/10012146865
There has been a long discussion about the employment impact of minimum wages and this discussion has recently been renewed with the introduction of an economy-wide, binding minimum wage in Germany in 2015. In traditional reasoning, based on the allocational approach of modern labour market...
Persistent link: https://www.econbiz.de/10011803177
assess short-term regimes of aggregate demand and distribution in Germany. The obtained Impulse Response Functions (IRFs) of … (contemporaneous) causation. For the neo-Goodwinian baseline model, a profit-led demand schedule and a pro-cyclical wage-share are … positive shocks in the direct wage-share had a stronger (negative) impact on aggregate demand, than the supervisory wage share …
Persistent link: https://www.econbiz.de/10014490713
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