In 2009, the United Kingdom abolished the taxation of profits earned abroad and introduced a territorial tax system. Under the territorial system, firms have strong incentives to shift profits abroad. Using a difference-in-differences research design, we show that profits of UK subsidiaries in...

Using a natural experiment from Germany, we show that temporary place-based subsidies generate persistent effects on economic density. We identify employment and capital formation as main channels for higher income per square kilometer. As the spatial regression discontinuity design allows us to...

We analyse the effect of public Research and Development (R&D) subsidies on private sector innovativeness for a cross-section of East German firms applying different matching estimations, which are primary based on an estimate of a propensity score. To do so, we use a until now unexplored...

The European Grouping of Territorial Cooperation (EGTC) is a European legal instrument designed to facilitate and promote cross-border, transnational and interregional cooperation. It was introduced in 2006 to enable public authorities of various Member States to team up and deliver joint...

While the pandemic and recovery unfold in real time, this article investigates some of the major themes on preparations for the next pandemic. Humanity cannot rely on modern medicine to beat the next 'disease X' and the world cannot afford the extortionate health and economic policy...

Passing federal environmental policy reform is a challenge as the approval of interest groups such as consumers and state-level governments is often a prerequisite. Among others, the burden sharing's progressivity has a large impact on reform approval. We investigate how carbon tax payments by...

We develop a Financial Computable General Equilibrium Model (FCGE) model that can analyse the economic impacts of the infrastructure investment projects and their financing options on growth and distribution in Indonesia economy. It is possible to estimate growth and distributional effects of...

By focusing on the impacts of investment in the disaster areas for reconstruction on the demand-side effects, the purpose of this study is to measure the economic impacts and regional spillover effects of investment for reconstruction. After the Great East Japan Earthquake of 2011, government...

This paper evaluates how changes in the provision of HSR services do affect Tourism outcomes in Spain, a touristic country that has the longest and newest HSR network in Europe. The empirical strategy is based on Differences in Differences panel data methods with double fixed effects. Main data...

This paper estimates the effects of airports on economic growth in US metropolitan areas. The estimation uses a novel technique to identify the effects of changes in local airport sizes from overall changes in the air travel network. Airport size is found to have a positive effect on local...