ZEW Discussion Papers

During the last 20 years developed economies have evidenced an increase in their expenditures on information and communication technologies (ICT), and there is ample evidence indicating that the diffusion of ICT…

Good policy advice, in addition to requiring sound theoretical frameworks to identify growth-enhancing fiscal reforms, also needs a reliable evidence base. Much of this evidence base has traditionally come from…

Motivated by the current discussion on different separate banking systems, we provide an overview of the different systems, question them and outline their effect on systemic stability and the German banking…

In this paper, we analyze the impact of corporate taxation on the location of corporate R&D activity. It is well known that corporate taxes negatively impact on the quantity of corporate R&D investment. Our…

A major reform of the German regional passenger railway services was established with the so called Regionalisierungsgesetz in 1996. As a consequence, regional passenger railway services have been procured by…

The evaluation of long-term eects of climate change in cost-benet analysis has a long tradition in environmental economics. Since the publication of the Stern Review in 2006 the debate about the "appropriate"…

The assessment of climate change mitigation policies mainly depends on three not mutually exclusive modeling decisions: First, the chosen discount rate, since costs are incurred today and long-term benefits…

Since the problem of climate change has drawn attention both in political and academic agenda, the question of how much people are willing to pay for the mitigation of global warming has been a subject of keen…

At times, the term structural change has been used largely in debates regarding increasing unemployment in industrial nations because of movements of industries into low-wage countries. Therefore, structural…