We investigate patterns in common ownership networks between firms that are active in the U.S. pharmaceutical industry for the period 2004–2014. Our main findings are that “brand firms”—that is, firms that have research and development capabilities and launch new drugs—exhibit relatively dense common ownership networks with each other that further increase significantly in density over time, whereas ...
We provide an evaluation of the impact of public subsidy schemes that aimed to support the development of basic broadband infrastructure in rural areas of Germany. Such subsidies are subject to state aid control by the European Commission (EC). While the EC increasingly recognises the role of economic analysis in controlling public aid to companies, there are to date no full retrospective studies performed ...
This is an online seminar using Cisco Webex. You will receive the login data with the invitation to the talk. Abstract: A fast growing and diverse literature has addressed one of the riddles of economic developments: the declining labor productivity growth in almost all advanced economies. One of the reasons discussed is the shift towards service industries with inherently low...
This is an online seminar using Cisco Webex. You will receive the login data with the invitation to the talk. Abstract: High and growing prescription drug costs in the United States are a major concern for policy makers. This paper focuses on the extent to which promotional gifts and other transfers made to physicians by pharmaceutical companies cause physicians to prescribe more...
DIW-WissenschaftlerInnen analysieren Auswirkungen von regionalen Beihilfen auf Investitionstätigkeit von Unternehmen – Neue EU-Leitlinien von 2014 erschweren unter anderem Vergabe von Beihilfen an große Unternehmen – Investitionen von Großunternehmen gehen in Folge zurück – Europäisches Rahmenwerk für Regionalbeihilfen sollte nachjustiert werden – ...
The European Commission (DG Competition) commissioned an international consortium of DIW Berlin together with E.CA Economics, LEAR, University of East Anglia and Sheppard Mullin with a background study on State aid in the field of environmental protection and energy. The results of the study will support the Commission in the revision of the EU Guidelines on State aid for environmental protection...
The deployment of a safe and effective vaccine for Covid-19 will be central to lifting containment measures. In a bid to speed up vaccine deployment, governments are entering into ‘Advance Purchase Agreements’ (APAs) with vaccine companies to secure access to vaccine doses. We document and compare the vaccine procurement strategies of the US and the EU. Most notably, we find that both...