Nach den aktuellen Ergebnissen der ifo Investitionsumfrage wollen die Unternehmen des deutschen Verarbeitenden Gewerbes 2018 ihre Investitionen in neue Maschinen und Bauten um nominal rund 9% erhöhen. Für das Jahr 2017 ergaben die Meldungen der Befragungsteilnehmer einen Anstieg von knapp 4%....

Nach den aktuellen Ergebnissen des ifo Investitionstests wollen die Unternehmen des deutschen Verarbeitenden Gewerbes im Jahr 2017 ihre Investitionen um rund 5% erhöhen. Für das Jahr 2016 ergaben die Meldungen der Befragungsteilnehmer einen Anstieg von 3%. Erweiterungsinvestitionen und...

If the relation between investment and economic growth is well established in the macroeconomic literature, the existence of a similar link at the level of the firm has been challenged by empirical work. This paper investigates the channels linking investment and firm performance in the French...

The manufacturing sector accounts for a substantial share of German GDP, employment and carbon emissions. Therefore, the manufacturing sector's energy use and carbon emissions are of crucial importance for reaching Germany's climate goals. In this paper, we analyse energy use patterns in German...

Increasing energy efficiency is one of the main goals in current German energy and climate policies. We study the determinants of energy efficiency in the German manufacturing sector based on official firm-level production census data. By means of a stochastic frontier analysis, we estimate the...

Carbon emissions from German manufacturing have increased over the past decade, while carbon intensity (emissions per Euro of gross output) has declined only slightly. We decompose changes in emissions between 2005 and 2017 into scale, composition (changes in the mix of goods produced) and...

In many countries, the transition process towards a low-carbon economy has been associated with increasing electricity prices. Microeconometric evaluations of the causal impact of electricity price changes on plant-level outcomes are rare, though. By exploiting local randomization induced by...

The manufacturing sector accounts for a substantial share of German GDP, employment and carbon emissions. Therefore, the manufacturing sector's energy use and carbon emissions are of crucial importance for reaching Germany's climate goals. In this paper, we analyse energy use patterns in German...