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747 results, from 621
  • Diskussionspapiere 590 / 2006

    Financial Constraints and Continental Business Groups: Evidence from German Konzerns

    Using a unique, large panel of German firms, we examine whether participation in business groups reduces the sensitivity of investment to cash flow. The main finding is that the reduction in the sensitivity is small for small firms and negligible for medium and large firms. We argue that by virtue of the continental business model, gains from business groups should be in better contract enforcement ...

    2006| Dorothea Schäfer, Yuriy Gorodnichenko, Oleksandr Talavera
  • Refereed essays Web of Science

    A Game Theoretic Model of the Northwestern European Electricity Market: Market Power and the Environment

    This paper develops a static computational game theoretic model. Illustrative results for the liberalising European electricity market are given to demonstrate the type of economic and environmental results that can be generated with the model. The model is empirically calibrated to eight Northwestern European countries, namely Belgium, Denmark, Finland, France, Germany, The Netherlands, Norway, and ...

    In: Energy Policy 34 (2006), 15, S. 2123-2136 | Wietze Lise, Vincent Linderhof, Onno Kuik, Claudia Kemfert, Robert Östling, Thomas Heinzow
  • Externe Monographien

    The EU Services Directive: Nightmare or Opportunity? ; Implications for Transatlantic Business

    Washington, DC: Johns Hopkins Univ., AICGS, 2006, 58 S.
    (AICGS Policy Report ; 25)
    | Klaus Günter Deutsch, Björn Frank, Martin Gornig
  • DIW Berlin - Politikberatung kompakt 20 / 2006

    Local Loop Unbundling and Bitstream Access: Regulatory Practice in Europe and the U.S.

    2006| Pio Baake, Brigitte Preißl (Eds.). Johannes M. Bauer, Per Björstedt, Elena Gallo, Anders Henten, Sven Lindmark, Martijn Poel, Enzo Pontarollo, Knud Erik Skouby, Jason Whalley
  • Diskussionspapiere 632 / 2006

    Can the German Electricity Market Benefit from the EU Enlargement? Results of Scenario Calculations Using the EMELIE Model

    This paper investigates the impacts of the eastern enlargement of the European Union in 2004 and the liberalisation of European electricity markets on Germanys electricity exchange with neighbouring countries and on electricity prices. Thus, electricity imports from Czech Republic have increased sharply in the last few years and have dampened German wholesale prices for electricity. In this paper the ...

    2006| Manfred Horn, Claudia Kemfert, Vitaly Kalashnikov
  • Externe Monographien

    Ruling the New and Emerging Markets in the Telecommunication Sector: Challenges: The Emergence of Next Generation Networks

    Geneva: ITU, 2006, 45 S.
    (Background Paper / International Telecommunication Union ; 02)
    | Christian Wey, Pio Baake, Sven Heitzler
  • Diskussionspapiere 645 / 2006

    Are Airlines' Price-Setting Strategies Different?

    Using a sample of fare quotes for non-stop travel from New York to London, this paper investigates the dynamics of offered fares as the departure date nears. We find that the general trend is toward fare increase at an accelerated rate as the departure date approaches. Clear differences in price-setting strategies among the carriers competing on a particular route are documented.

    2006| Volodymyr Bilotkach, Yuriy Gorodnichenko, Oleksandr Talavera, Igor Zubenko
  • Refereed essays Web of Science

    Endogenous Costs and Price-Cost Margins: An Application to the European Airline Industry

    This paper allows for endogenous costs in the estimation of price cost margins. In particular, we estimate price-cost margins when firms bargain over wages. We extent the standard two-equation set-up (demand and first-order condition in the product market) to include a third equation, which is derived from bargaining over wages. In this way, price-cost margins are determined by wages and vice versa. ...

    In: The Journal of Industrial Economics 54 (2006), 3, S. 351-368 | Damien J. Neven, Lars-Hendrik Röller, Zhentang Zhang
  • Refereed essays Web of Science

    Agglomeration and Tax Competition

    Tax competition may be different in "new economic geography settings" compared to standard tax competition models. If the mobile factor is completely agglomerated in one region, it earns an agglomeration rent which can be taxed. Closer integration first results in a "race to the top" in taxes before leading to a "race to the bottom". We reexamine these issues in a model that produces stable equilibria ...

    In: European Economic Review 50 (2006), 3, S. 647-668 | Rainald Borck, Michael Pflüger
  • Externe Monographien

    Regional Disparities in the European Union: Convergence and Agglomeration

    Economic disparities between the regions of the European Union are of constant concern both for policy and economic research. In this paper we examine whether there are overlapping trends of regional development in the EU: overall convergence on the one hand and persistent or even increasing spatial concentration (agglomeration) on the other. Kernel density estimation, Markov chain analysis and cross-sectional ...

    Frankfurt/Oder: Univ., 2005, 29 S.
    (The Postgraduate Research Programme Working Paper Series / Europa-Universität Viadrina Frankfurt (Oder), Graduiertenkolleg "Kapitalmärkte und Finanzwirtschaft im erweiterten Europa" ; 2005,4)
    | Kurt Geppert, Michael Happich, Andreas Stephan
747 results, from 621
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