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Brown Bag Seminar Industrial Economics
The emerging net zero paradigm requires economies to go green; and Europe’s ambition is to lead the way. This requires directing technological change toward cleaner growth, which intersects with green industrial policies in the form of green innovation subsidies. Leveraging a quasi-exhaustive novel dataset on German R&D subsidies, we provide rigorous evidence on whether green R&D subsidies...
14.02.2024| Nils Handler, DIW Berlin
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SOEPpapers 1207 / 2024
We analyze if technological progress and the change in the occupational structure have improved women’s position in the labour market. We show that women increasingly work in non-routine manual and in interactive occupations. However, the observed narrowing of the gender wage gap is entirely driven by declining gender wag gaps within, rather than between, occupations. A decomposition exercise reveals ...
2024| Ronald Bachmann, Myrielle Gonschor
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Other refereed essays
Climate policy will inevitably lead to the stranding of fossil energy assets such as production and transport assets for coal, oil, and natural gas. Resource-rich developing countries are particularly affected, as they have a higher risk of asset stranding due to strong fossil dependencies and wider societal consequences beyond revenue disruption. However, there is only little academic and political ...
In:
Frontiers in Environmental Economics
3 (2024), 1273315, 18 S.
| Franziska M. Hoffart, Franziska Holz
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Diskussionspapiere 2082 / 2024
The transition of the steel sector to carbon neutrality requires significant investment. In this study, we aim to better understand the scale of investment required for a transition to hydrogen-based steelmaking and the ability of listed steelmakers to finance this investment. First, we analyze how capital expenditures are estimated in the academic literature and compare them with reported investment ...
2024| Alexandra Hüttel, Judith Lehner
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Diskussionspapiere 2074 / 2024
This paper re-evaluates the US external deficit which has considerably widened over the 1990s. US safe asset provision to the rest of the world is the dominant explanation for the persistent nature of the US external deficit. We suggest that apart from the safe asset hypothesis, there is an important role for technology shocks originating in US multinational companies that have a strong foreign direct ...
2024| Kaan Celebi, Werner Roeger, Paul J. J. Welfens
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Diskussionspapiere 2071 / 2024
Our article investigates the impact of vertical integration (without foreclosure) on innovation. We compare cases where either (i) two manufacturers or (ii) a manufacturer and a vertically integrated retailer invest. Then, the independent manufacturer( s) and the retailer bargain over non-linear contracts before selling to consumers. We show that vertical integration always increases the incentives ...
2024| Claire Chambolle, Morgane Guignard
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Diskussionspapiere 2073 / 2024
This paper analyzes M&A patterns of R&D projects in the antidiabetics industry. For this purpose, we construct a database with all corporate individual antidiabetics R&D projects over the period 1997 - 2017, and add detailed information on firms’ technology dimension using patent information, next to their position in product markets. This allows us to identify the identity of targets and acquirers ...
2024| Jan Malek, Melissa Newham, Jo Seldeslachts, Reinhilde Veugelers
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Refereed essays Web of Science
In this perspective paper we discuss major trends that will shape the internationalisation of business R&D in the future. New scientific discoveries will provide new opportunities to innovate; the growing scientific capabilities in emerging economies will create new hot spots for relevant knowledge; new research activities will emerge from the need to combat climate change; digital technologies including ...
In:
International Business Review
33 (2024), 1, 102191, 10 S.
| Bernhard Dachs, Sara Amoroso, Davide Castellani, Marina Papanastassiou, Max von Zedtwitz
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Refereed essays Web of Science
Understanding the causes of the slowdown in aggregate productivity growth is key to maintaining the competitiveness of advanced economies and ensuring long-term economic prosperity. This paper provides evidence that investment in intangible capital, despite having a positive effect on productivity at the micro level, is a driver of the weak productivity performance at the aggregate level as it amplifies ...
In:
The Review of Income and Wealth
(2024), im Ersch. [Online first: 2023-07-23]
| Marie Le Mouel, Alexander Schiersch
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Refereed essays Web of Science
This study investigates whether public procurement mitigates or exacerbates innovative enterprises’ financial constraints. We distinguish between general and environmentally beneficial innovative enterprises. Theory suggests that the treatment effects of public procurement, particularly when mediated by the demand-pull effect, may lower a company’s funding constraints for innovation. We test this theory ...
In:
Small Business Economics
62 (2024), S. 939–959
| Dorothea Schäfer, Andres Stephan, Sören Fuhrmeister