The core industries of the new information economy are characterized by imperfect competition, asymmetric information or external effects. Thus, well-designed microeconomic policies, in the form of competition policies, technology policies or combinations of these, have strong potential of...

This study examines how the impact of Tradable Green Certificates (TGC) on profitability and investment behavior varies depending on the vertical integration status of regulated firms. Our theoretical model predicts that vertical integration does not lead to higher profits when internal pricing...

The Russian invasion of Ukraine disrupted a V-shaped economic post-pandemic recovery in Central and West Asia. It affected global supply chains and slowed the region's growth momentum while adding inflationary pressures. Private businesses were adversely affected by the impact of the invasion...

Am 7. Februar 2024 fand in Berlin die gemeinsame Konferenz von Wirtschaftsdienst und dem Institut der deutschen Wirtschaft (IW) unter dem Titel "Zur Zukunft des Wirtschaftsstandorts Deutschland" statt. Dieser Beitrag diente als Keynote zur Eröffnung der Konferenz. Bei der Frage nach der...

Limited data on micro, small, and medium-sized enterprises (MSMEs) make it difficult for governments to design appropriate MSME policies in Asia and the Pacific. To identify factors affecting MSME development and promote evidence-based policymaking, we propose a probabilistic principal component...

The coronavirus disease (COVID-19) pandemic disrupted businesses, economies, and societies worldwide. This study employs unique data from Indonesia to investigate whether and how digitalization of micro, small, and medium-sized enterprises (MSMEs) helped them weather the adverse shocks from the...

In theory, market-based regulatory instruments correct market failures at least cost. However, evidence on their efficacy remains scarce. Using administrative data, we estimate that, on average, the EU ETS - the world's first and largest market-based climate policy - induced regulated...

Policies that impact the production sector, such as intermediate goods taxation (e.g. taxing robots) and trade liberalization create winners and losers. When do we need to integrate pre-distribution concerns in the design of these production policies? Should we consider the endogenous changes of...

Nach der Zeitenwende geht es beim De-Risking besonders um den Abbau kritischer Importabhängigkeiten von China. Doch bei dem Versuch, in dieser Hinsicht wirtschaftliche Sicherheit und strategische Autonomie zu erreichen und zugleich die grüne Transformation voranzubringen, gibt es einen...

Information and communication technologies are transforming economies and societies around the world. In this respect, E-Commerce has the capability to build a new global economy. That is why government, industries, non-profit-organisations, trade unions and consumers would like to come together...