We investigate productivity and cost pass-through of German manufacturing firms using administrative data from 2001 to 2014. Our framework allows for the estimation of quantity-based production functions for multi-product firms while controlling for unobserved productivity shocks and unobserved...

Während der Aufbau und Betrieb von Internetinfrastrukturen zur Zeit der Entstehung des Internets in erster Linie von öffentlichen Institutionen vorangetrieben wurde, wird dieser Bereich heute längst von privatwirtschaftlichen Unternehmen beherrscht. Dieses Buch beschreibt Dienste,...

Most macroeconomic models assume that aggregate output is generated by a specification for the production function with total physical capital as a key input. Implicitly this assumes that private and public capital stocks are perfect substitutes. In this paper we test this assumption by...

The global private infrastructure industry has experienced rapid growth over the past fifteen years, attracting some 1,700 companies. In the past, infrastructure was generally managed by national single-sector utilities, but technological and regulatory change has allowed companies to cross...