In Deutschland lag der Anteil auslandskontrollierter Unternehmen an den privaten Investitionen für Forschung und Entwicklung (FuE) seit dem Beginn des Jahrtausends bis 2011 nahezu unverändert bei etwa einem Viertel. In den Jahren 2011 bis 2013 ist dieser Anteil leicht gesunken. Der Zuwachs in...

Using data on 2-digit industry for 1981-2004, the study examines the association between growth in total factor productivity and economic reforms. Accordingly, we first compute industry-level productivity growth using advanced econometric techniques and thereafter ascertain the time frame over...

It has often been claimed that services are so much special and featured by challenging characteristics such as "intangibility", "perishability" "simultaneity" and "heterogeneity". This paper will show that indeed services and industrial manufacturing are both featured by same process...

Die Industrie ist für die Leistungsfähigkeit der deutschen Wirtschaft ein zentraler Bereich. Hier konnte Ostdeutschland die Lücke im Produktivitätsniveau zu Westdeutschland zwischen 2004 und 2014 um ein Drittel verringern. Ostdeutsche Unternehmen liegen im Effizienzniveau (Totale...

Although information and communication technologies (ICT) consume energy themselves, they are considered to have the potential to reduce overall energy intensity within economic sectors. While previous empirical evidence is based on aggregated data, this is the first large-scale empirical study...

This paper analyses the effect of offshoring (i.e., the relocation of activities previously performed in-house to foreign countries) on various firm outcomes (domestic employment, production, and productivity). It uses data from the International Sourcing Survey (ISS) 2017 for Germany, linked to...

This paper examines the productivity effects of privately and publicly funded R&D, both performed in the private sector. In doing so, it ascertains whether there are differences in the direct effects on an industry's total factor productivity growth, and whether the spillover effects of R&D...

Die Lohnquote, definiert als die Summe der Arbeitnehmerentgelte geteilt durch die Gesamtproduktion einer Volkswirtschaft, ist in den letzten 40 Jahren in vielen Ländern gefallen. Das Fallen der Lohnquote besitzt potenziell weitreichende Implikationen für das Ausmaß an Ungleichheit und für...

In this paper, we study a new channel to explain firms' price setting behavior. We propose that uncertainty about factor prices has a positive effect on markups. We show theoretically that firms with higher shares of inputs with volatile prices set higher markups. We use the Bartik shift-share...

The use of price instruments is often advocated by economists, based on their ability to bring about marginal abatement cost equalisation, and hence to achieve targets at least cost. We use the EU ETS as a case study and test this theoretical prediction. We parametrically estimate separate...