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281 results, from 261
  • Refereed essays Web of Science

    Long-Term Contracts and Asset Specificity Revisited: An Empirical Analysis of Producer-Importer Relations in the Natural Gas Industry

    This paper discusses long-term contracts as a particular organizational form situated somewhere between full vertical integration and short-term, market-based trading in the natural gas industry. We focus on the determinants of the duration of contracts under changing technical, economic, and institutional conditions. Using 311 long-term contracts we find that duration decreases as international market ...

    In: Review of Industrial Organization 32 (2008), 2, S. 131-143 | Christian von Hirschhausen, Anne Neumann
  • Externe Monographien

    Mergers & Acquisitions and Innovation Performance in the Telecommunications Equipment Industry

    Berlin: Humboldt-Univ., 2007, 32 S.
    (SFB 649 Discussion Paper ; 2007-051)
    | Tseveen Gantumur, Andreas Stephan
  • Diskussionspapiere 728 / 2007

    Mergers & Acquisitions and Innovation Performance in the Telecommunications Equipment Industry

    The telecommunications in the 1990s witnessed an enormous worldwide round of Mergers & Acquisitions (M&A). This paper examines the innovation determinants of M&A activity and the consequences of M&A transactions on the technological potential and the innovation performance. We examine the telecommunications equipment industry over the period 1988-2002 using a newly constructed data set with firm-level ...

    2007| Tseveen Gantumur, Andreas Stephan
  • Diskussionspapiere 590 / 2006

    Financial Constraints and Continental Business Groups: Evidence from German Konzerns

    Using a unique, large panel of German firms, we examine whether participation in business groups reduces the sensitivity of investment to cash flow. The main finding is that the reduction in the sensitivity is small for small firms and negligible for medium and large firms. We argue that by virtue of the continental business model, gains from business groups should be in better contract enforcement ...

    2006| Dorothea Schäfer, Yuriy Gorodnichenko, Oleksandr Talavera
  • Externe Monographien

    The EU Services Directive: Nightmare or Opportunity? ; Implications for Transatlantic Business

    Washington, DC: Johns Hopkins Univ., AICGS, 2006, 58 S.
    (AICGS Policy Report ; 25)
    | Klaus Günter Deutsch, Björn Frank, Martin Gornig
  • Diskussionspapiere 645 / 2006

    Are Airlines' Price-Setting Strategies Different?

    Using a sample of fare quotes for non-stop travel from New York to London, this paper investigates the dynamics of offered fares as the departure date nears. We find that the general trend is toward fare increase at an accelerated rate as the departure date approaches. Clear differences in price-setting strategies among the carriers competing on a particular route are documented.

    2006| Volodymyr Bilotkach, Yuriy Gorodnichenko, Oleksandr Talavera, Igor Zubenko
  • Refereed essays Web of Science

    Endogenous Costs and Price-Cost Margins: An Application to the European Airline Industry

    This paper allows for endogenous costs in the estimation of price cost margins. In particular, we estimate price-cost margins when firms bargain over wages. We extent the standard two-equation set-up (demand and first-order condition in the product market) to include a third equation, which is derived from bargaining over wages. In this way, price-cost margins are determined by wages and vice versa. ...

    In: The Journal of Industrial Economics 54 (2006), 3, S. 351-368 | Damien J. Neven, Lars-Hendrik Röller, Zhentang Zhang
  • Externe Monographien

    Regional Disparities in the European Union: Convergence and Agglomeration

    Economic disparities between the regions of the European Union are of constant concern both for policy and economic research. In this paper we examine whether there are overlapping trends of regional development in the EU: overall convergence on the one hand and persistent or even increasing spatial concentration (agglomeration) on the other. Kernel density estimation, Markov chain analysis and cross-sectional ...

    Frankfurt/Oder: Univ., 2005, 29 S.
    (The Postgraduate Research Programme Working Paper Series / Europa-Universität Viadrina Frankfurt (Oder), Graduiertenkolleg "Kapitalmärkte und Finanzwirtschaft im erweiterten Europa" ; 2005,4)
    | Kurt Geppert, Michael Happich, Andreas Stephan
  • Diskussionspapiere 525 / 2005

    Regional Disparities in the European Union: Convergence and Agglomeration

    Economic disparities between the regions of the European Union are of constant concern both for policy and economic research. In this paper we examine whether there are overlapping trends of regional development in the EU: overall convergence on the one hand and persistent or even increasing spatial concentration (agglomeration) on the other. Kernel density estimation, Markov chain analysis and cross-sectional ...

    2005| Kurt Geppert, Michael Happich, Andreas Stephan
  • Refereed essays Web of Science

    Contests for Cooperation: A New Approach in German Innovation Policy

    A new approach in German innovation policy organizes contests of proposals for developing innovation networks. Based on an overview of the different programs, we investigate the advantages and problems of such an approach. We find that this type of policy may have a relatively large impact and can, therefore, be regarded as a rather efficient instrument of innovation policy. Compared to conventional ...

    In: Research Policy 34 (2005), 8, S. 1269-1282 | Alexander Eickelpasch, Michael Fritsch
281 results, from 261
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