This paper examines the impact of RMB internationalization reforms on invoicing currency choices of firms exporting to China. Using detailed French customs data spanning 2011-2017, it documents three novel stylized facts on RMB adoption and suggests a novel mechanism that drives the self-selection of firms into RMB invoicing. Additionally, it provides causal estimates of the impact of RMB use on...
The project seeks to identify the share of productive and fast-growing firms in the economy, their characteristics such as sector, location (urban/rural, low-density, high-density, etc.), size and age since formation, and their growth performance. Furthermore, it will be analyzed - as far as the data situation allows - which factors contribute to the success.
Das Projekt zielt darauf ab, den Anteil von produktiven und schnell wachsenden Unternehmen an der Wirtschaft, ihre Merkmale wie Sektor, Standort (Stadt/Land, schwach verdichtet, verdichtet, stark verdichtet etc.), Größe und Alter seit der Gründung sowie ihre Wachstumsentwicklung zu ermitteln. Ferner soll untersucht werden - soweit es die Datenlage zulässt - welche Einflussgröße zum Erfolg beitragen.
Vielen Deutschen mangele es an ”Leistungsbereitschaft” – so der Konsens beim WELTWirtschaftsgipfel, bei der gerade unter anderem Bundesfinanzminister Christian Lindner, CDU-Chef Friedrich Merz und Unternehmenslenker wie Christian Sewing von der Deutschen Bank oder Roland Busch von Siemens zu Gast waren. Beschäftigte in Unternehmen in Deutschland müssten sich mehr anstrengen und flexibler sein. Die ...
The interplay of technology and knowledge constitutes the backbone of entrepreneurial ecosystems, crucial for fostering innovation. This study applies the economic complexity approach as a tool for quantitatively evaluating these ecosystems in German labor market regions. Our contribution to the literature involves linking comprehensive micro-datasets encompassing economic sectors and patent data...
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 ...
This paper studies the impact of generative AI technology on the demand for online freelancers using a large dataset from a leading global freelancing platform. We focus on how the release of generative AI tools affects various freelance jobs that require different skills or software. Our findings indicate a 21 percent decrease following the ChatGPT introduction in the number of job posts for...