47 Results

The paper starts with a description of major reforms of EU policy in the network industries. Based on the normative economics of regulation, it then points out generic information and transaction cost problems of regulatory policy making. An...

Although it is well known that Markov process theory, frequently applied in the literature on income convergence, imposes some very restrictive assumptions upon the data generating process, these assumptions have generally been taken for granted so...

Markov chain theory, which has frequently been applied to analyze income convergence, imposes restrictive assumptions on the data-generating process. In most empirical studies, it is taken for granted that per capita income follows a stationary...

The paper extends the methodological toolbox of measures of industrial concentration and regional specialization. First, a taxonomy is proposed which gives rise to a modular construction system for disproportionality measures based on three...

Das Institut für Weltwirtschaft hat im Auftrag der Staatskanzlei des Landes Schleswig­-Holstein eine Studie zum Thema „Potenziale und Chancen zum Aufbau einer gemeinsamen Wirtschaftsregion Schleswig-Holstein und Hamburg“ erstellt. Die Studie gibt...

In Germany the legal planning and approval processes for airport expansion projects are regularly heavily politicized and legal disputes take years to resolve. Thus, doubts arise about the rationality not only of specific approval decisions but also...

KBW 1: Against the background of the increasing globalization of economic relations, the study presented here examines the potential and opportunities for buil

This article extends the methodological toolbox of measures of regional concentration of industries and industrial specialization of regions. It first defines disproportionality measures of concentration and specialization and proposes a taxonomy of...

This paper argues for an ambitious but realistic approach to defining the future role of the International Monetary Fund (IMF). The IMF is the only inte