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  • Diskussionspapiere 1330 / 2013

    They Played the Merger Game: A Retrospective Analysis in the UK Videogames Market

    We study the effect of a merger in a dynamic high-technology industry-the videogame market- which is characterized by frequent introduction of new products. To assess the impact of the merger between two large specialist retailers in the UK, we perform a difference-in-differences analysis comparing the price evolution of the merging parties to that of their 7 major competitors on an original sample ...

    2013| Luca Aguzzoni, Elena Argentesi, Paolo Buccirossi, Lorenzo Ciari, Tomaso Duso, Massimo Tognoni, Cristiana Vitale
  • Refereed essays Web of Science

    Firm Size and Efficiency in the German Mechanical Engineering Industry

    Research usually finds a positive size-efficiency relationship, but few studies focus on sectors dominated by small and medium-sized firms (SMEs). This paper fills this gap by analyzing this relationship in the German mechanical engineering industry sector, which is both successful and increasingly dominated by SMEs. The analysis, using a large and representative dataset, finds that small and large ...

    In: Small Business Economics 40 (2013), 2, S. 335-350 | Alexander Schiersch
  • Refereed essays Web of Science

    The Globalization of Steam Coal Markets and the Role of Logistics: An Empirical Analysis

    In this paper, we provide a comprehensive multivariate cointegration analysis of three parts of the steam coal value chain - export, transport and import prices. The analysis is based on a rich dataset of international coal prices; in particular, we combine data on steam coal prices with freight rates, covering the period December 2001 until August 2009 at weekly frequency. We then test whether the ...

    In: Energy Economics 34 (2012), 1, S. 105-116 | Aleksandar Zaklan, Astrid Cullmann, Anne Neumann, Christian von Hirschhausen
  • DIW Economic Bulletin 3 / 2012

    Self-Employment in Germany: The Trend Has Been Increasing for Some Time

    Entrepreneurial self-employment in Germany has undergone a strong upturn in the last 20 years. The number of self-employed people rose by 40 percent between 1991 and 2009. The reasons for this development are the catch-up processes in eastern Germany, structural change towards the service sector, and a strong willingness among the highly skilled, the unmarried and among foreigners to enter self-employment. ...

    2012| Michael Fritsch, Alexander S. Kritikos, Alina Rusakova
  • Diskussionspapiere 1184 / 2012

    Who Starts a Business and Who Is Self-Employed in Germany

    Based on representative data, the German Micro-Census, we provide an overview of the development of self-employment and entrepreneurship in Germany between 1991 and 2010, the first two decades after reunification. We investigate the socioeconomic background of these individuals, their education, previous employment status, and their income level. We observe a unique increase in self-employment in Germany ...

    2012| Michael Fritsch, Alexander S. Kritikos, Alina Rusakova
  • Diskussionspapiere 1229 / 2012

    Knowledge, Location, and Internationalization: Empirical Evidence for Manufacturing SMEs

    This paper investigates the links between locational conditions, innovative capabilities and internationalization of manufacturing SMEs. Two modes of foreign market servicing are explored: exporting activity and relocating of selected business activities abroad. The empirical analysis employs two probit models based on survey of about 3,000 firms. The results reveal that the outputs of SMEs' innovative ...

    2012| Anna Lejpras
  • Diskussionspapiere 1224 / 2012

    The Long Persistence of Regional Entrepreneurship Culture: Germany 1925 - 2005

    We investigate the persistence of levels of self-employment and new business formation in different time periods and under different framework conditions. The analysis shows that high levels of regional self-employment and new business formation tend to be persistent for periods as long as 80 years and that such an entrepreneurial culture can even survive abrupt and drastic changes in the politic-economic ...

    2012| Michael Fritsch, Michael Wyrwich
  • SOEPpapers 456 / 2012

    Self-Employment after Socialism: Intergenerational Links, Entrepreneurial Values, and Human Capital

    Drawing on representative household data from the German Socio-Economic Panel, we examine the role of an early precursor of entrepreneurial development - parental role models - for the individual decision to become self-employed in the post-unified Germany. The findings suggest that the socialist regime significantly damaged this mechanism of an intergenerational transmission of entrepreneurial attitudes ...

    2012| Michael Fritsch, Alina Rusakova
  • Diskussionspapiere 1260 / 2012

    Getting back into the Labor Market: The Effects of Start-up Subsidies for Unemployed Females

    A shortage of skilled labor and low female labor market participation are problems many developed countries have to face. Beside activating inactive women, one possible solution is to support the re-integration of unemployed women. Due to female-specific labor market constraints (preferences for exible working hours, discrimination), this is a difficult task, and the question arises whether active ...

    2012| Marco Caliendo, Steffen Künn
  • DIW Economic Bulletin 10 / 2012

    Research-Based Companies Perform Better

    The past ten years have seen an expansion in industrial research. There has been a significant increase in the number of research-based companies, as well as in employment in research and development, and in expenditure in this area. Growth has been observed predominantly in companies in less research-intensive sectors and in small and medium-sized enterprises. Consequently, over the last decade, industrial ...

    2012| Alexander Eickelpasch
241 results, from 161