The German economy has stagnated for over two years, with a slow recovery anticipated in the coming quarters. However, growth is unlikely to reach pre-COVID-19 levels anytime soon. Decarbonisation, digitisation, demographic changes, and heightened competition from China are dampening growth prospects. GDP is projected to decline by 0.1 % in 2024, with increases of 0.8 % and 1.3 % in the subsequent ...
We examine how competition affects VAT pass-through in isolated oligopolistic markets as defined by the Greek islands. Using daily gasoline prices and a difference-in-differences methodology, we investigate how changes in VAT rates are passed through to consumers in islands with different market structure. We show that pass-through increases with competition, going from 50% in monopoly to around 80% ...
31. Oktober 2024 – Am 5. November 2024 haben die US-Amerikaner*innen die Wahl zwischen der demokratischen Präsidentschaftskandidatin Kamala Harris und dem republikanischen Kandidaten Donald Trump. Beide unterscheiden sich auch in Fragen der Energie-, Umwelt- und Klimapolitik stark. Diese Politikfelder wurden im bisherigen Wahlkampf kaum beachtet, die entsprechenden Positionen von Harris und Trump...
Am 5. November 2024 haben die US-Amerikaner*innen die Wahl zwischen der demokratischen Präsidentschaftskandidatin Kamala Harris und dem republikanischen Kandidaten Donald Trump. Beide unterscheiden sich auch in Fragen der Energie-, Umwelt- und Klimapolitik stark. Diese Politikfelder wurden im bisherigen Wahlkampf kaum beachtet, die entsprechenden Positionen von Harris und Trump sind der breiten Öffentlichkeit ...
The study offers a comprehensive retrospective assessment of the Aviation Guidelines related to State Aid, evaluating their effectiveness and efficiency in promoting regional development and enhancing accessibility while minimizing competitive distortions. The analysis focuses on three primary areas: It examines whether the 2014–2024 transition period for phasing out operating aid to airports...
We study the impact of fossil fuel subsidy removal on presidential popularity using difference-indifference approaches and a stylized theoretical model. Analyzing macro level data for two subsidy removal events in Mexico and Bolivia in the early 2010s, we find evidence of a negative impact on presidential approval. Our theoretical probabilistic voting model predicts that the decline in popularity is ...
We evaluate German purchase subsidies for battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) using data on new vehicle registrations in Germany dur¬ing 2015-2022. We account for confounding time trends and interacting EU-level CO2 standards using neighboring countries as a control group. We find that 40% of BEV and 25% of PHEV registrations were subsidy-induced. The program ...