Thema Märkte

Collusion through Joint R&D: An Empirical Assessment

This paper tests whether upstream R&D cooperation leads to downstream collusion. We show that a sufficient condition for identifying collusive behavior is a decline in the market share of RJV-participating firms. Using information from the U.S. National Cooperation Research Act, we estimate a market share equation correcting for the endogeneity of RJV participation and R&D expenditures. We find robust ...

The 1st Berlin IO Day

The Berlin IO Day is a new one-day workshop sponsored by Berlin's leading academic institutions, including DIW Berlin, ESMT, WZB, Humboldt University Berlin, and Technical University Berlin which takes place twice a year, in the Fall and in the Spring. The aim is to create an international forum for high quality research in Industrial Organization in the heart of Berlin, one of Europe's most...

Industrie treibt Wachstum des Dienstleistungssektors

Der Wandel zur Dienstleistungsgesellschaft ist ohne Industrie kaum möglichDie Industrie ist ein wichtiger Abnehmer von Dienstleistungen und hat damit einen wesentlichen Einfluss auf das Wachstum des Dienstleistungssektors. Dies ist ein Ergebnis einer aktuellen Studie des Deutschen Instituts für Wirtschaftsforschung (DIW Berlin). „Das Wachstum im Dienstleistungssektor wird maßgeblich ...

Renewable Electric Energy Integration: Quantifying the Value of Design of Markets for International Transmission Capacity

Integrating large quantities of variable renewable electricity generation remains a political and operational challenge. One of the main obstacles in Europe to installing at least 200 GWs of power from variable renewable sources is how to deal with the insufficient network capacity and the congestion that will result from new flow patterns. We model the current methodology for controlling congestion ...

They Played the Merger Game: A Retrospective Analysis in the UK Videogames Market

We study the effect of a merger in a dynamic high-technology industry-the videogame market- which is characterized by frequent introduction of new products. To assess the impact of the merger between two large specialist retailers in the UK, we perform a difference-in-differences analysis comparing the price evolution of the merging parties to that of their 7 major competitors on an original sample ...

Does State Antitrust Enforcement Drive Establishment Exit?

Previous work has shown that state-level antitrust enforcement activity may have impacts on entry and relocation behavior by U.S. firms. Significant state-level antitrust activity may be an indicator of a perceived adverse business environment and it is found to deter establishment entry, particularly for larger firms in the retail and wholesale sectors. An obvious question is whether establishment ...

Merger Externalities in Oligopolistic Markets

We quantify externalities on profitability and market shares of competing firms in oligopolistic markets through the transition from an n to an n - 1 player oligopoly after a merger. Competitors are identified via the European Commission's market investigations and our methodology allows us to distinguish the externality due to the change in market structure from the merger effect. We obtain results ...

Die Nachfrage nach Primär- und Sekundärrohstoffen der Steine-und-Erden-Industrie bis 2030 in Deutschland

Bauwirtschaft: Neubau profitiert von der Krise im Euroraum

Die Konjunkturaussichten für die deutsche Bauwirtschaft hellen sich nach einer Stagnation im Jahr 2012 für das kommende Jahr wieder auf. Das DIW Berlin erwartet ein nominales Wachstum des Bauvolumens von fünf Prozent. Real, also abzüglich der Preissteigerungsrate, dürfte das Bauvolumen 2013 um zwei Prozent wachsen. Dies liegt vor allem an der erwarteten Normalisierung der Auftragslage im öffentlichen ...

Location, Location, Location: Extracting Location Value from House Prices

The price for a single-family house depends both on the characteristics of the building and on its location. We propose a novel semiparametric method to extract location values from house prices. After splitting house prices into building and land components, location values are estimated with adaptive weight smoothing. The adaptive estimator requires neither strong smoothness assumptions nor local ...