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Diskussionspapiere 1904 / 2020
In current power markets, the bulk of electricity is sold wholesale and transported to consumers via long-distance transmission lines. Recently, decentralized local power markets have evolved, often as isolated networks based on solar generation. We analyze strategic pricing, investment, and welfare in local power markets. We show that local power markets with peer-to-peer trading are competitive and ...
2020| Pio Baake, Sebastian Schwenen, Christian von Hirschhausen
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Refereed essays Web of Science
In:
Jahrbücher für Nationalökonomie und Statistik
240 (2020), 5, S. 677–690
| Steffi Dierks, Alexander Schiersch, Jan Stede
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Research Project
The purpose of the project is to measure the digitalisation of the German economy and to track its development over time. The results will serve as an evidence-based framework for decision makers in policy and business. The project comprises several topics. DIW Berlin focuses on the analysis of the productivity effects of digitization.
Completed Project| Firms and Markets
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Research Project
As part of the evaluation process of the current State aid rules, the European Commission has awarded to the consortium of Lear, DIW Berlin, and Sheppard Mullin, a specific contract to carry out a study of the EU rules for State aid facilitating access to finance for Small and Medium Enterprises (SMEs). These rules comprise the Guidelines on State aid to promote risk finance investments (RFG) and...
Completed Project| Firms and Markets
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Research Project
As part of the evaluation process of the current State aid rules, the European Commission has awarded to the consortium of Lear, DIW Berlin, and Sheppard Mullin, a specific contract to carry out a study to support its evaluation of the rules regarding access of airports to operating aid under the EU Aviation Framework applicable as of 2014 (2014 Aviation Guidelines or the Guidelines). The study...
Completed Project| Firms and Markets
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DIW Weekly Report 16/17/18 / 2019
2019| Tomaso Duso, Martin Gornig, Alexander S. Kritikos, Malte Rieth, Axel Werwatz
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Diskussionspapiere 1836 / 2019
This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first discuss the most crucial features of digital markets such as network effects, multi-sidedness, big data, and rapid innovation that create important challenges for competition policy. We show that these features have been key determinants of the theories of harm in major merger cases ...
2019| Elena Argentesi, Paolo Buccirossi, Emilio Calvano, Tomaso Duso, Alessia Marrazzo, Salvatore Nava
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DIW Weekly Report 43 / 2019
Following reunification, productivity in eastern Germany grew rapidly. A strong industrial sector is key to a thriving German economy. However, the narrowing of the industrial productivity gap between eastern and western Germany has come to a standstill since the financial and economic crisis and the gap remains considerable today. Nevertheless, when comparing similar regions in eastern and western ...
2019| Heike Belitz, Martin Gornig, Alexander Schiersch
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Diskussionspapiere 1797 / 2019
We study the evolution of the EC’s merger decision procedure over the first 25 years of European competition policy. Using a novel dataset constructed at the level of the relevant markets and containing all merger cases over the 1990-2014 period, we evaluate how consistently arguments related to structural market parameters were applied over time. Using non-parametric machine learning techniques, we ...
2019| Pauline Affeldt, Tomaso Duso, Florian Szücs
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Research Project
In January 2019, the European Commission (“Commission”) launched the evaluation of its State aid rules that were adopted as part of the State aid Modernisation. The evaluation aims to verify if the rules delivered the desired results to European citizens and businesses at a minimum cost and if they are still fit for purpose. Within this process, the Commission entrusted a consortium of...
Completed Project| Firms and Markets