Publications

All
Series
Department
Topic
Author
Year
Refresh

Consumption and Income. Paneleconometric Evidence for West Germany

Christian Dreger, Reinhold Kosfeld
Applied Economics Quarterly 49, 2003
Abstract
Read article

Are Real Interest Rates Cointegrated? Further Evidence Based on Paneleconometric Methods

Christian Dreger, Christian Schumacher
Schweizerische Zeitschrift für Volkswirtschaft und Statistik 139, 2003
Abstract
Read article

Monetary Policy Shocks and Heterogeneous Finance Decisions: A Model of Hidden Effort Choice and Financial Intermediation

Diemo Dietrich
German Economic Review, 2003
Abstract
Read article

Tracing technological change over long periods in Germany in chemicals using patent statistics.

Iciar Dominguez Lacasa, Hariolf Grupp, U. Schmoch
Scientometrics, No. 2, 2003
Abstract
This contribution deepens the feasibility issues of building state-of-the-art patent indicators with historical patent documents available in electronic form from the German Patent Office since the introduction of the Patent Law for the German Empire in 1877. The paper is divided into two parts: a methodological discussion and a case study on the chemical sector in Germany. The development of the technology sector defined matches remarkably well with stylised facts that institutional analysis in the chemical sector have provided us with so far. Moreover, the possibility of varying the level of aggregation in the analysis of technological areas discloses empirical evidence for the path-dependent development in the chemical sector after the advent of the organic chemistry and its application in the chemical synthesis of dye stuffs. Our findings enhance institutional and historical contributions about technological change in the chemical sector and suggest new research questions for innovation studies.
Read article

Money Stock, Monetary Base and Bank Behaviour in Germany

Oliver Holtemöller
Jahrbücher für Nationalökonomie und Statistik, 2003
Abstract
Read article

The productivity gap between East and West Europe: what role for sectoral structures during integration?

Johannes Stephan
Acta Oeconomica, 2002
Abstract
This paper is an analysis into the sources of lower levels of economic development between EU member countries and a selection of EU accession countries in Central and East Europe. There is a distinct lack of research into this subject-matter. To assist economic policy in supporting real economy convergence, additional knowledge about country-specific conditions are however necessary. These sources are assessed by analysing determinants of the productivity gap between the two economic regions. The paper focuses on sectoral structures and their role played in determining the potentials for the closure of the productivity gap. After providing a brief overview over comparative levels of national labour productivity levels between the EU-15 average, selected EU cohesion countries and the EU accession countries of Estonia, Poland, the Czech and Slovak Republics, Hungary and Slovenia, the paper proceeds to quantify the role played by individual sectors in explaining national productivity gaps and their development. The second part is concerned with the sectoral content of the economy-wide productivity gap which is rooted in the pattern of specialisation. If sectoral patterns are country-specific, i.e. path dependency exists, then the extent of economic convergence is determined by emerging specialisation patterns. The paper closes with some careful assessment of where economic policy can be efficient to assist real economy convergence.
Read article

The German Stability Program: A Quantitative Assessment

Klaus Weyerstraß
Atlantic Economic Journal, 2002
Abstract
Read article

FDI as Multiplier of Modern Technology in Hungarian Industry

Jutta Günther
Intereconomics, No. 5, 2002
Abstract
Foreign direct investment is generally expected to play a significant role as a multiplier of modern production and management know-how in Central Eastern European transition economies. The following paper examines the various mechanisms by which such technological spillover effects could in theory take place and compares them with the results of an empirical study of their practical significance for Hungarian industry.
Read article

Bleibt Ostdeutschland eine Old Economy? Eine Umfrage zur Einschätzung der Fachkräftesituation

Cornelia Lang, Ralf Müller
List Forum für Wirtschafts- und Finanzpolitik, 2002
Abstract
Read article

Bank-Firm Relationships and International Banking Markets

Hans Degryse, Steven Ongena
International Journal of the Economics of Business, No. 3, 2002
Abstract
This paper reviews how long-term relationships between firms and banks shape the structure and integration of banking markets worldwide. Bank relationships arise to span informational asymmetries that are endemic in financial markets. Firm-bank relationships not only entail specific benefits and costs for both the engaged firms and banks, but also directly affect the structure of banking markets. In particular, the sunk cost of screening and monitoring activities and the 'informational capital' collected by the incumbent banks may act as a barrier to entry. The intensity of the existing firm-bank relationships will determine the height of this barrier and shape the structure of international banking markets. For example, in Scandinavia where firms maintain few and strong relationships, foreign banks may only be able to enter successfully through mergers and acquisitions. On the other hand, Southern European firms maintain many bank relationships. Therefore, banks may consider entering Southern European banking markets through direct investment.
Read article
Mitglied der Leibniz-Gemeinschaft LogoTotal-Equality-LogoWeltoffen Logo