Subsidies are considered important means to facilitate the provision of public transit, yet the empirical evidence implies that they can have harming effects on costs and possibly also on operators' performance. This paper examines the impacts of deficit-balancing subsidies on the cost inefficiency of local public bus companies in Germany, where a complex system allocates ample financial support....
Maria Nieswand, Matthias Walter
Frankfurt am Main,
04.09.2011
- 07.09.2011| Die Ordnung der Weltwirtschaft: Lektionen aus der Krise: Jahrestagung des Vereins für Socialpolitik 2011
This paper empirically investigates distributional and welfare effects of Germany's year 2000 income tax reform. The reform is simulated in an ex-ante behavioral microsimulation approach. Dead weight loss of changes in capital income taxation is estimated in a structural model for household savings and asset demand applied to German survey data. Significant reductions in tax rates result in income...
Richard Ochmann
Frankfurt am Main,
04.09.2011
- 07.09.2011| Die Ordnung der Weltwirtschaft: Lektionen aus der Krise: Jahrestagung des Vereins für Socialpolitik 2011
We study the performance of different regulatory approaches for the expansion of electricity transmission networks in the light of realistic demand patterns and fluctuating wind power. In particular, we are interested in the relative performance of a combined merchant-regulatory mechanism compared to a cost-based and a merchant-like approach. In contrast to earlier research, we explicitly include...
Wolf-Peter Schill, Juan Rosellón, Jonas Egerer
Frankfurt am Main,
04.09.2011
- 07.09.2011| Die Ordnung der Weltwirtschaft: Lektionen aus der Krise: Jahrestagung des Vereins für Socialpolitik 2011
Petra Zloczysti
Frankfurt am Main,
04.09.2011
- 07.09.2011| Die Ordnung der Weltwirtschaft: Lektionen aus der Krise: Jahrestagung des Vereins für Socialpolitik 2011
Claudia Kemfert
Berlin,
01.09.2011
- 02.09.2011| Neue Chancen für den konventionellen Kraftwerkspark: Die aktuellen Herausforderungen für das deutsche Energiesystem nach Fukushima. EUROFORUM Konferenz
Claudia Kemfert
Berlin,
01.09.2011
- 02.09.2011| Neue Chancen für den konventionellen Kraftwerkspark: Die aktuellen Herausforderungen für das deutsche Energiesystem nach Fukushima. EUROFORUM Konferenz
In perfectly competitive labour markets, there is a market for non-material job amenities in which workers' willingness to pay for these goods implies that workers accept compensating wage differentials, such that jobs with better working conditions should have lower wages. In labour market characterised by frictions, workers' wages typically depend also on firm productivity. However many job...
Luke Haywood, Jean-Marc Robin
Buch am Ammersee,
31.08.2011
- 04.09.2011| 13th IZA/CEPR European Summer Symposium in Labour Economics 2011 (ESSLE)
For many analysts, the Chinese economy is spurred by a bubble in the housing market, probably driven by the fiscal stimulus package and massive credit expansion, with pos-sible adverse effects to the real economy. To get insights into the size of the bubble, the house price evolution is investigated by panel cointegration techniques. Evidence is based on a dataset for 35 major cities....
Christian Dreger, Yanqun Zhang
Barcelona, Spanien,
30.08.2011
- 03.09.2011| New Challenges for European Regions and Urban Areas in a Globalised World: 51st European Congress of the Regional Science Association International (ERSA)
We use a large micro-dataset to assess the importance of intangible capital - organisation, R&D and ICT capital - for the economic performance of establishments and regions in Germany. In 2003 self-produced intangible capital accounted for more than one fifth of the total capital stock of estab-lishments. More than half of the intangible capital is R&D capital. This high proportion is mainly due...
Kurt Geppert, Anne Neumann
Barcelona, Spanien,
30.08.2011
- 03.09.2011| New Challenges for European Regions and Urban Areas in a Globalised World: 51st European Congress of the Regional Science Association International (ERSA)
We use a neoclassical production function to analyze the effects of knowledge spillovers via entrepreneurship on economic performance of 337 German districts. To take the spatial dependence structure of the data into account, we estimate a spatial Durbin model. We highlight the importance of the choice of the appropriate weight matrix. We find positive knowledge spillover effects via...
Katharina Pijnenburg, Konstantin A. Kholodilin
Barcelona, Spanien,
30.08.2011
- 03.09.2011| New Challenges for European Regions and Urban Areas in a Globalised World: 51st European Congress of the Regional Science Association International (ERSA)
David Richter, Simone Lehrl
Exeter, Großbritannien,
30.08.2011
- 03.09.2011| Education for a Global Networked Society: 14th Biennial EARLI Conference for Research on Learning and Instruction
This paper highlights the strategic role that private quality standards play in food supply chains. Considering two symmetric retailers that are exclusively supplied by a finite number of producers and endogenizing the producers' delivery choice, we show that there exist two asymmetric equilibria in the retailers' quality requirements. The asymmetry is driven by both the retailers.incentive to...
Isabel Teichmann, Vanessa von Schlippenbach
Zürich, Schweiz,
30.08.2011
- 02.09.2011| Change and Uncertainty - Challenges for Agriculture, Food and Natural Resources: XIIIth Congress of the European Association of Agricultural Economists ; EAAE 2011 Congress
The literature on partnership dissolution generally takes the dissolution decision as given and examines whether dissolution is efficient, i.e., whether the asset is allocated to the partner with the highest valuation. A well-known result is that k + 1-price auctions dissolve a partnership efficiently when the share structure is sufficiently close to equal. In this paper, we endogenize the...
Ludwig Ensthaler, Jianpei Li, Thomas Giebe
Oslo, Norwegen,
25.08.2011
- 29.08.2011| 65th European Meeting of the Econometric Society ESEM