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Scenario Analysis for Net Zero: The Applicability of Climate Neutrality Studies for Transitioning Firms in the German Building Sector and Energy-Intensive Industry

Various stakeholders are increasingly encouraging companies from the real economy to adopt measures facilitating their transition towards carbon neutrality. In this context, companies are expected to implement forward-looking strategies and climate-related reporting practices using scenario analysis aligned with scientific evidence and credible pathways to net zero carbon emissions. This paper examines ...

Intangible Capital and Productivity Divergence

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 ...

Digitisation and Renaissance of the Manufacturing Industry in Major Cities: The Case of Berlin

The rise of digitisation will cause a major upheaval in the manufacturing industries, bringing changes to traditional industrial location patterns as well. In order to understand the direction these structural changes are taking, this paper analyses the start-up activity in the industrial sector. The frontrunners are metropolitan regions and in particular major cities such as Berlin or Munich. Furthermore, ...

Contracting Matters: Hedging Producers and Consumers with a Renewable Energy Pool

Renewable energy installations are rapidly gaining market share due to falling technology costs and supportive policies. Meanwhile, the energy price crisis resulting from the Russian-Ukrainian war has shifted the energy policy debate toward the question of how consumers can benefit more from the low and stable generation costs of renewable electricity. Here we suggest a Renewable Pool (“RE-Pool”) under ...

Closing the Green Deal for Industry: What Design of the Carbon Border Adjustment Mechanism Ensures an Inclusive Transition to Climate Neutrality?

Digitalisation and Modernity of Capital Stock in Europe

The Impact of the Tax Reduction on Fuel Prices in Germany: A Synthetic Difference-in-Differences Approach

We analyse the impact of the temporary tax reduction on diesel and gasoline prices from June to the end of August 2022 in Germany. By implementing a synthetic difference-in-differences approach with different baskets of European countries, we find a significant reduction in prices by 33.8–34.4 cents per litre for gasoline and 12.2–14.6 cents per litre for diesel. These results are robust to variations ...

Merger, Product Variety and Firm Entry: the Retail Craft Beer Market in California

Setting Priorities, Pooling Resources and Accelerating Transformation: New Approaches in Industrial and Technology Policy

Chances and Obstacles to Strengthening the Paris Agreement: The Case of Resource-Rich Countries

Dieses Hintergrund­papier stellt wissen­schaft­liche Erkennt­nisse vor, die sich mit den grund­legenden Heraus­forderungen ressourcen­reicher Länder bei der Dekar­bo­nisierung ihrer Wirt­schaft beschäftigen. Es zeigt sich eine eher skeptische Ein­schät­zung des aktuellen Klima­ambitions­niveaus vieler dieser Länder sowie der Erwartungen hinsichtlich der Erreichung nicht nur der aktuellen NDCs, sondern ...