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Persistent link: https://www.econbiz.de/10009229378
; idiosyncratic shocks ; granular residual ; Germany …
Persistent link: https://www.econbiz.de/10009356133
I study the causal effect of the European Union Emissions Trading System (EU ETS) on the productivity of German …. This approach allows for an endogenous dynamic productivity process and corrects for simultaneous changes in input use or … productivity after a firm is regulated by the EU ETS. After estimating the firm specific productivity, I employ a difference …
Persistent link: https://www.econbiz.de/10011543592
; idiosyncratic shocks ; granular residual ; Germany …
Persistent link: https://www.econbiz.de/10009519874
Persistent link: https://www.econbiz.de/10009683988
Using the approach suggested by Gabaix (Econometrica 2011) this paper demonstrates that idiosyncratic shocks in the largest firms are important for an understanding of aggregate volatility in German manufacturing industries. The implications of this finding for theoretical and empirical research...
Persistent link: https://www.econbiz.de/10013118054
manufacturing firms in Germany. Our difference-in-differences framework relies on several parametric conditioning strategies and …
Persistent link: https://www.econbiz.de/10011573531
manufacturing firms in Germany. Our difference-in-differences framework relies on several parametric conditioning strategies and …
Persistent link: https://www.econbiz.de/10011574888
I study the causal effect of the European Union Emissions Trading System (EU ETS) on the productivity of German …. This approach allows for an endogenous dynamic productivity process and corrects for simultaneous changes in input use or … productivity after a firm is regulated by the EU ETS. After estimating the firm specific productivity, I employ a difference …
Persistent link: https://www.econbiz.de/10012981571
Persistent link: https://www.econbiz.de/10015053695