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DIW Weekly Report 22/23 / 2024
Merger control plays a central role in competition policy. When assessing proposed mergers, Competition Authorities should consider its impact on all relevant markets. Large mergers between manufacturers typically impact competition, thus requiring the approval of Competition Authorities. Divestitures are often a condition of merger approval. This report investigates the effectiveness of implementing ...
2024| Yann Delaprez, Morgane Guignard
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DIW Weekly Report 8 / 2024
Countries increasingly form alliances to collectively impose sanctions. However, the resulting impact of such coordination remains unclear. Analyzing the 2014 wave of sanctions against Russia over 400,000 simulations with a quantitative trade model, this report demonstrates that multilateral cooperation through coalitions simultaneously reduced domestic welfare losses incurred from sanctions and intensified ...
2024| Sonali Chowdhry, Julian Hinz, Joschka Wanner, Katrin Kamin
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DIW Weekly Report 1/2 / 2024
High construction prices and worsened financing conditions are weighing on the construction industry, especially build-ing construction. Despite a nominal increase of six percent in construction expenses in 2023, it decreased by just over one percent in inflation-adjusted terms. In 2024, the nominal construction volume is likely to contract by around 3.5 percent, declining for the first time since ...
2024| Martin Gornig, Laura Pagenhardt
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DIW Weekly Report 38/39 / 2023
The sharp rise in electricity prices has led to a discussion on possible subsidies for companies in the form of an industrial power tariff. The subsidies should help companies remain internationally competitive and prevent them from relocating overseas. Although German electricity prices for (industrial) firms are around the European average due to many tax exemptions, they are significantly higher ...
2023| Lea Bernhardt, Tomaso Duso, Robin Sogalla, Alexander Schiersch
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DIW Weekly Report 32/33 / 2023
According to the latest review report of the Council of Experts on Climate Change, the German building sector failed to meet its greenhouse gas emission reduction targets in 2022. This is in part because investments in energy-efficient building refurbishment—supported by all kinds of policy measures— has neither been low nor shown a consistently positive trend over the past ten years. Furthermore, ...
2023| Martin Gornig, Katrin Klarhöfer
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DIW Weekly Report 22 / 2023
In October 2023, the EU Carbon Border Adjustment Mechanism (CBAM), a part of the reform of the European Emissions Trading System (EU ETS), will come into effect. Currently, energy-intensive industries do not need to purchase all of the necessary EU ETS allowances on the market to remain globally competitive, as the remaining allowances are freely allocated to them. The CBAM plans to gradually replace ...
2023| Robin Sogalla
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DIW Weekly Report 1/2 / 2023
Following the construction boom of recent years in Germany, inflation and supply bottlenecks hit the industry hard in 2022. While nominal construction volume increased by nearly 14 percent, it decreased by two percent when adjusted for inflation. Residential construction, which is urgently needed, was particularly affected. In 2023 and 2024, it is expected that investors will show restraint and that ...
2023| Martin Gornig, Laura Pagenhardt
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DIW Weekly Report 51/52 / 2022
Research and development (R&D) expenditure in Germany decreased by 5.3 percent overall in 2020 compared to 2019. While the OECD countries actually slightly increased their R&D expenditure on average for the first time in a crisis-ridden year, it declined more sharply in Germany compared to the financial crisis of 2009; German industry, and here the automotive sector, suffered particularly. The decline ...
2022| Heike Belitz
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DIW Weekly Report 49/50 / 2022
The effects of the climate crisis are worsening water shortages, not only in the Global South but also in Europe, for example in the Berlin-Brandenburg region. Due to inadequate pricing of surface and groundwater abstraction and a lack of regulatory instruments, water overuse is occurring in some regions of Germany. Overuse is especially an issue for industry, which has contractually secured high volumes ...
2022| Astrid Cullmann, Greta Sundermann, Nicole Wägner, Christian von Hirschhausen, Claudia Kemfert
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DIW Weekly Report 19/20 / 2022
Following the 2015 refugee influx, recent studies have found that around one in four companies have hired refugees. A survey of 100 companies that hired refugees shows that hiring refugees can increase employee satisfaction, improve reputations, and positively affect corporate developments. At the same time, hiring refugees also poses challenges for employers. These include barriers in the hiring process, ...
2022| Alexander S. Kritikos, Maximilian Priem, Anne-Christin Winkler