ZEW Discussion Papers

The determinants of transitions between different states of financial distress are analyzed using two versions of Markov chain models: a multinomial logit model without random effects and a multinomial logit…

This paper analyses the determinants of employment reactions of firms when environmental innovations have been carried out. It differentiates hereby between employment increases and decreases. The data stem from…

The economic effects of environmental taxes depend on the market structure. Under imperfect competition with free entry and exit, environmental taxes have an impact on economies of scale by changing the number…

Delegates from 180 countries met in Bonn during July 2001 to substantiate the Kyoto Protocol signed in 1997 which imposes limits for greenhouse gases on industrialized countries. After the withdrawal of the…

Changing product quality, rapid technological progress, and short product life cycles make it difficult to compute indices that correctly reflect the true price movements of IT products. This paper assesses the…

In recent times the service sector is often called the driving force of today‘s economies. This paper analyses the innovative activities of German service firms. We investigate whether firms that receive public…