Using firm-level panel data from the German cost structure survey over the period 1992 to 2000, our empirical analysis shows that firms that increased material inputs relative to internal labor costs performed better in terms of gross operating surplus than other firms. However, firms that...

After 20 years of transition from an economy integrated in an exchange scheme of planned economies towards an open market economy based on the ideas of competition, we ask whether East German firms succeeded in finding their place in the international division of labour. We concentrate on the...

After 20 years of transition from an economy integrated in an exchange scheme of planned economies towards an open market economy based on the ideas of competition, we ask whether East German firms succeeded in finding their place in the international division of labour. We concentrate on the...

It is argued that the observed return rates on capital at firm-level have an upward bias if firms are producing with unobserved intangible capital. Using EUKLEED, a comprehensive firm level data base for Germany, this theoretical preposition is proved empirically. Furthermore, making unobserved...

East German wages have been below the West German wage level since unification. Moreover, the East-West wage gap implied by the contractual wages specified in collective wage agreements is drifting ever further apart from the wagegap in terms of effective wages. This paper looks at the role of...

Die ostdeutschen Unternehmen haben offensichtlich noch immer große Wettbewerbsprobleme. Im Vergleich mit Westdeutschland können die Betriebe - als Gesamtheit gesehen - auf den überregionalen Märkten ihre Produkte nur zu einem geringeren Preis absetzen, die Beschäftigten werden geringer...

Nach dem Investitionseinbruch von 1993 ist das westdeutsche Investitionsvolumen im Jahre 1994 noch einmal unter das Vorjahresniveau gefallen. Damit haben sich im letzten Jahr die Aussichten fuer ein mittelfristig angemessenes Wirtschaftswachstum weiter verschlechtert. Die Rueckkehr auf einen...