Inwieweit darf oder muss der Staat in die Wirtschaft eingreifen? Dies ist seit jeher die zentrale Frage in der Debatte um die richtige Industriepolitik. Dass die Industrie in Deutschland ein entscheidender Faktor für Wohlstand ist, bleibt unbestritten. Diverse Krisen der letzten Jahre wie die Finanz- und Schuldenkrise, der Klimawandel oder die Corona-Pandemie, aber auch der wirtschaftliche...
The tremendous growth of digital transactions – mainly through online platforms - is profoundly affecting the way we interact and opening vast opportunities to improve our lives. Consumers are benefiting from an unprecedented proliferation of new services and products that previously were too costly to be developed and marketed to customers. At the same time, the characteristics of platform...
This paper presents a broad retrospective evaluation of mergers and merger decisions in markets dominated by multisided digital platforms. First, we document almost 300 acquisitions carried out by three major tech companies—Amazon, Facebook, and Google—between 2008 and 2018. We cluster target companies on their area of economic activity providing suggestive evidence on the strategies behind these mergers. ...
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 ...
An increasing body of empirical evidence is documenting trends toward rising concentration, profits, and markups in many industries around the world since the 1980s. Two major criticisms of these studies is that concentration and market shares are poorly measured at the national industry level while firm level revenues are a poor indicator of product sales. We use a novel database that identifies over ...
Inwieweit darf oder muss der Staat in die Wirtschaft eingreifen? Dies ist seit jeher die zentrale Frage in der Debatte um die richtige Industriepolitik. Dass die Industrie in Deutschland ein entscheidender Faktor für Wohlstand ist, bleibt unbestritten. Diverse Krisen der letzten Jahre wie die Finanz- und Schuldenkrise, der Klimawandel oder die Corona-Pandemie, aber auch der wirtschaftliche Strukturwandel ...
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...
Es ist sehr viel passiert seit der Wiedervereinigung, aber die Produktivität ostdeutscher Unternehmen liegt immer noch um die 20 Prozent hinter den westdeutschen Unternehmen zurück. Martin Gornig betont, dass wir einen langen Atem brauchen.