ZEW Discussion Papers

Überblick

Mit diesen Beiträgen, die überwiegend in Englisch verfasst sind, beteiligen sich die Forscher/innen des ZEW an wissenschaftlichen Fachdebatten. Die Publikationen enthalten vorläufige Beiträge, die zur Veröffentlichung in Fachzeitschriften vorgesehen sind. Die Discussion Papers können ab 1.1.1998 als pdf-Datei abgerufen werden. Sie richten sich an nationale und internationale Zielgruppen.

  1. ZEW Discussion Paper Nr. 15-068 // 2015

    How Can a Country 'Graduate' from Procyclical Fiscal Policy? Evidence from China

    In this study, we analyze the cyclicality of fiscal policies in China during the period 1978-2013. We find that the cyclicality of local government spending in China significantly affects the cyclicality of…

  2. ZEW Discussion Paper Nr. 15-067 // 2015

    Disentangling Irregular Cycles in Economic Time Series

    Cycles play an important role when analyzing market phenomena. In many markets, both overlaying (weekly, seasonal or business cycles) and time-varying cycles (e.g. asymmetric lengths of peak and off peak or…

  3. ZEW Discussion Paper Nr. 15-066 // 2015

    Legal and Illegal Cartels in the European Cement Industry

    Due to being much better documented, legal cartels have recently attracted the interest of many researchers who aim to understand the functioning of illegal cartels in detail. This paper contributes to the…

  4. ZEW Discussion Paper Nr. 15-065 // 2015

    Refinancing Under Yardstick Regulation With Investment Cycles - The Case of Long-Lived Electricity Network Assets

    In the context of yardstick regulation with long-lived assets, the influence of heterogeneous investment cycles on the ability to recover capital is found to be important. The application of efficient firm…

  5. ZEW Discussion Paper Nr. 15-064 // 2015

    The Settlement Procedure in EC Cartel Cases: An Empirical Assessment

    In June 2008, the European Commission (EC) was enabled to introduce a settlement procedure that aims at promoting the procedural efficiency of cartel enforcement in the European Union (EU). We use a data set…

  6. ZEW Discussion Paper Nr. 15-063 // 2015

    The Duration of the EC Merger Control Process: Determinants and the Impact of the 2004 Merger Regulation Reform

    The duration of merger proceedings held by competition authorities is an important determinant of the efficiency of the entire merger control process. We use a dataset of 2953 Phase I and 92 Phase II…

  7. ZEW Discussion Paper Nr. 15-062 // 2015

    Competition in the German Interurban Bus Industry: A Snapshot Two Years After Liberalization

    We study competition in the German interurban bus industry two years after its liberalization in January 2013. In addition to a brief characterization of the liberalization process and several general market…

  8. ZEW Discussion Paper Nr. 15-061 // 2015

    Deregulation, Competition, and Consolidation: The Case of the German Interurban Bus Industry

    We provide an empirical assessment of the German interurban bus industry two years after its deregulation in January 2013. In addition to a general description of key developments of the industry, we use a…

  9. ZEW Discussion Paper Nr. 15-060 // 2015

    Information Exchange Through Non-binding Advance Price Announcements: An Antitrust Analysis

    We study the welfare effects of non-binding advance price announcements. Applying a differentiated Bertrand model with horizontal products and asymmetric information, we find that such announcements can help…

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