The chemical industry in Germany is one of the most innovative sectors of the German economy. Four out of five chemical companies introduce innovations on a regular basis, and more than 60 per cent continuously…
The KfW/ZEW CO2-Barometer - developed as part of a cooperative project of KfW Bankengruppe and the Centre of European Economic Research (ZEW) - has been analysing the situation of German companies regulated…
The financial and economic crisis has stressed the need for a better understanding of destabilizing effects, in particular arising from the financial sector, and how these may spill over to economic activity. In…
Using firm-level data from the German manufacturing sector, we estimate a dynamic, structural model of the firm's decision to invest in R&D and quantify the cost and long-run benefit of this investment. The…
Emissions trading is key to climate policy in an increasing number of countries. Besides the emission trading system of the European Union (EU ETS), several similar systems in China, California, Australia, and…
Since trade is becoming more of a task-related phenomenon due to the increase in offshoring activities by firms, the pattern of effects across workers is changing as well. In particular, the skill-based…
The German electricity market changes elementarily these days. Renewable energy replaces such from conventional sources. At the same time, more and more electricity is produced in northern Germany and needs to…