Handelskonflikte, geopolitische Spannungen, digitale Disruption und Klimakrise stellen Deutschland und Europa vor große Herausforderungen. Wie beispielsweise im Draghi-Bericht gefordert, können die Staaten in Reaktion darauf industriepolitische Maßnahmen ergreifen, um die Ökonomie neu auszurichten und damit die Wettbewerbsfähigkeit zu steigern und die Resilienz zu stärken. In diesem Beitrag weisen ...
The Covid-19 pandemic caused a global economic crisis, leading governments to provide substantial State Aid to support firms. This paper examines the effectiveness of Covid-related financial support in Spain and Italy, focusing on its impact on firm recovery. Using a difference-in-differences (DiD) approach combined with propensity score weighting, it compares outcomes of similar firms receiving aid ...
Carbon pricing policies are usually combined with compensation for exposed firms to prevent adverse competitiveness effects. In cap-and-trade systems, this carbon cost compensation mostly occurs through free allocation of emission permits. Using an administrative panel of German manufacturing firms, this paper investigates how free allocation in the European Union Emissions Trading System affects firms’ ...
