1. Referierte Fachzeitschrift // 2017

    Dynamic R&D Choice and the Impact of the Firm’s Financial Strength

    This article investigates how a firm's financial strength affects its dynamic decision to invest in R&D. We estimate a dynamic model of R&D choice using data for German firms in high-tech manufacturing…

  2. Referierte Fachzeitschrift // 2017

    The Impact of Administrative Transaction Costs in the EU Emissions Trading System

    This paper empirically investigates the impact of transaction costs for monitoring, reporting, and verification (MRV) of emissions on companies regulated by the EU Emissions Trading System (EU ETS) in Germany.…