With many industries experiencing significant concentration processes during the last years, suppliers are increasingly confronted with powerful buyers. The common belief is that exertion of buyer power…
The minimum wage in the roofing sector, which was introduced in 1997 and transferred to a national and generally binding level in 2003, has particularly affected the sector in Eastern Germany, even in an…
Underinvestment in research and development (R&D) due to financing constraints may result in a slowdown in productivity growth and consequently have particularly detrimental effects on technological progress,…
