The Transatlantic Banking Crisis has strongly raised debt-GDP ratios in many OECD countries and this is undermining the economic recovery. As regards the euro zone there are special problems which are partly related to lack of fiscal discipline in Greece and to the Irish economic crisis which...

This analysis takes a closer look at the costs and risks of nuclear energy – including the considerable shadow subsidies allocated to nuclear power – a crucial issue after the Fukushima accident. The liability insurance in Germany covers only ¼ of the damages covered in the US, but in both...

The role of information and communication technology (ICT) is discussed both with respect to economic growth and green global modernization. ICT stands for the most innovative sector in the EU and the US; high productivity growth and digital product innovations are characteristics of this...

This paper analyzes the link between structural change, growth and bazaar effects in the context of open economies. At first we consider the theoretical basis of structural change and discuss the interdependencies between trade, foreign direct investment and innovation dynamics. The empirical...

Dieser Beitrag thematisiert marktwirtschaftliche Perspektiven der europäischen Energiepolitik. Hierbei werden Effizienz, Umweltfreundlichkeit und Versorgungssicherheit als Ziele betrachtet und neue Vorschläge für eine konsistente Regulierung im Strommarkt vorgelegt. Hier wird die kostenlose...

Thematisiert wird die Rolle potenzieller bzw. angedrohter Regulierungsmaßnahmen bzw. von informeller "Schattenregulierung" in der Telekommunikationswirtschaft. Analytischer Rahmen ist dabei die Existenz multinationaler Unternehmen in offenen Volkswirtschaften, was als der Realität angemessener...

Die Regulierung von Märkten für innovative digitale Produkte und Dienste wirft eine Reihe grundsätzlicher Fragen auf, die nachfolgend zunächst aus theoretischer Sicht betrachtet werden. Dabei werden auch Aspekte des Schumpeterschen Innovationswettbewerbs in offenen Volkswirtschaften...

A new approach for analyzing technological progress is presented in the context of a quasi-Cobb-Douglas production function which offers within a simple and consistent equation interesting options for identifying different types of technological progress. In particular the approach suggested...

The telecommunications sector was liberalized in the US and the EU in 1984 and 1998, respectively. In EU countries, price cap regulation has shaped this sector in a pro-competitive way that - with telecommunications obviously being a key element of the information and communications sector (ICT)...