Effectiveness of Innovation Policies Biotechnology in Germany (1994-2001)
Iciar Dominguez Lacasa, Thomas Reiss
Efficiency of innovation policies in high technology sectors in Europe,
2004
Abstract
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Effectiveness of Innovation Policies Biotechnology in Finland (1994-2001)
Iciar Dominguez Lacasa, Thomas Reiss
Efficiency of innovation policies in high technology sectors in Europe,
2004
Abstract
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Nationale Risikotransfermechanismen für Naturgefahren, Analyse der Problemlagen für Individuen, Versicherer und Staat
F. Prettenthaler, Walter Hyll, N. Vetters
TeReg Working Paper 19/2004,
2004
Abstract
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Wohin steuert die EU? – Politische Mehrheitsverhältnisse nach der Osterweiterung
Götz Zeddies
Wirtschaftsdienst,
No. 10,
2004
Abstract
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Umsetzung der EU-Emissionshandelsrichtlinie
Walter Hyll, A. Köppl, S. Schleicher
WIFO-Monatsberichte 4/2004,
2004
Abstract
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Trends and gaps in biotechnology policies in European Member States since 1994.
Iciar Dominguez Lacasa, Thomas Reiss, J.M. Senker
Science and Public Policy,
No. 5,
2004
Abstract
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The Distance Puzzle: On the Interpretation of the Distance Coefficient in Gravity Equations
Claudia M. Buch, J. Kleinert, Farid Toubal
Economics Letters,
No. 3,
2004
Abstract
Although globalization has diminished the importance of distance, empirical gravity models find little change in distance coefficients. We argue that changing distance costs are largely reflected in the constant term. A proportional fall in distance costs is consistent with constant distance coefficients.
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Performance of European Member States in biotechnology.
Thomas Reiss, S. Hinze, Iciar Dominguez Lacasa
Science and Public Policy,
No. 5,
2004
Abstract
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Exporting Financial Institutions Management via Foreign Direct Investment Mergers and Acquisitions
Allen N. Berger, Claudia M. Buch, G. DeLong
Journal of International Money and Finance,
No. 3,
2004
Abstract
We test the relevance of the new trade theory and the traditional theory of comparative advantage for explaining the geographic patterns of international M&As of financial institutions between 1985 and 2000. The data provide statistically significant support for both theories. We also find evidence that the U.S. has idiosyncratic comparative advantages at both exporting and importing financial institutions management.
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Cross-border bank mergers: What lures the rare animal?
Claudia M. Buch, G. DeLong
Journal of Banking and Finance,
No. 9,
2004
Abstract
Although domestic mergers and acquisitions (M&As) in the financial services industry have increased steadily over the past two decades, international M&As were until recently relatively rare. Moreover, the share of cross-border mergers in the banking industry is low compared with other industries. This paper uses a novel dataset of over 3000 mergers that took place between 1985 and 2001 to analyze the determinants of international bank mergers. We test the extent to which information costs and regulations hold back merger activity. Our results suggest that information costs significantly impede cross-border bank mergers. Regulations also influence cross-border bank merger activity. Hence, policy makers can create environments that encourage cross-border activity, but information cost barriers must be overcome even in (legally) integrated markets.
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