This paper evaluates the equilibrium effects of the Research and Experimentation Tax Credit on the Chemicals Industry, taking into consideration firm interactions. The tax credit was put into place to counteract the underinvestment in private R&D caused by firms not internalizing the benefits of...

Im BASF-Konzern sind in den letzten Jahren erhebliche Veränderungen feststellbar, die einerseits auf Absatz- und Konkurrenzfaktoren zurückzuführen sind und andererseits die Umsetzung einer bestimmten Strategie erkennen lassen. Als internationale und nationale Einflußfaktoren zeigen sich...

The REACH Directive, requiring the registration and testing of more than 30,000 existing chemical substances prior to selling them in the European Union, has been very controversial from its initial draft in 2001 to its adoption in 2006. In the course of lobbying actions, various studies have...