We analyze the incentives of a government to privatize a state owned firm. Assumingprice cap regulation, a unionized labor market and wage bargaining the government’sgains from privatization depend on two effects. While the government looses controlover the firm’s investment and employment...

This study was commissioned by the European Commission, Directorate General "Enterprise and Industry" and was completed at the end of 2005. The objective was to investigate the impact of the accession of new member states on the intra-European division of labour and on global competitiveness in...

Die vorliegende Studie wurde im ifo Arbeitsbereich Branchenforschung erstellt und im Frühjahr 2005 abgeschlossen. Auftraggeber war das Bundesministerium für Wirtschaft und Arbeit. Gegenstand der Studie sind der Stand und die Perspektiven der „New Economy“ in Deutschland sowie ein Vergleich...

This study was prepared by Andreas Kuhlmann, while he was working with the Ifo Institute for Economic Research. It was completed in September 2006 and was accepted as a Ph.D. thesis by the Economics Department of the University of Munich. The subject of this study is the analysis of network...

Das ifo Institut hat bereits zu Beginn des europäischen Liberalisierungsprozesses die Organisation von Regulierungsbehörden untersucht. Der vorliegende Report knüpft mit einem internationalen Vergleich der Regulierungsinstitutionen an diese Arbeiten an. Am Beispiel der...

A new legislation in the German electricity market requires the implementation of an incentive-based regulation within the next years. In such a regime either prices or revenuesare capped and grow with the inflation rate minus a factor, which accounts for productivitydifferences between the...

A detailed analysis of the German productivity development is indispensable for understanding, why Europe is lagging behind the US growth since the mid 1990s. In this paper a new and unique database is used to analyze the sources of German productivity growth since 1970. It is shown that...

A new legislation in the German electricity market requires the implementation of an incentive- based regulation within the next years. In such a regime either prices or revenues are capped and grow with the inflation rate minus a factor, which accounts for productivity differences between the...

We analyze the incentives of a government to privatize a state owned firm. Assuming price cap regulation, a unionized labor market and wage bargaining the government's gains from privatization depend on two effects. While the government looses control over the firm's investment and employment...