1. ZEW Discussion Paper No. 23-067 // 2023

    Local Networks and New Business Formation

    New business formation is a key driver of regional transformation and development. While we know that a region’s attractiveness for new businesses depends on its resources, infrastructure, and human capital, we…

  2. Refereed Journal // 2023

    Price Versus Market Share with Royalty Licensing: Incomplete Adoption of a Superior Technology with Heterogeneous Firms

    This article shows that the usual result of full adoption of a superior technology induced by pure royalty licensing may not hold when firms have different production technologies. By modeling a Cournot…

  3. Refereed Journal // 2023

    Generative AI and deceptive news consumption

    In this paper, we analyze the effects of advancements in generative Artificial Intelligence (GenAI) on the news media market. We model a representative consumer who allocates their time between reading news and…

  4. ZEW Discussion Paper No. 23-068 // 2023

    High-Profile Crime and Perceived Public Safety: Evidence From Cologne’s New Year’s Eve in 2015

    This study analyses the impact of a high-profile crime event on perceived public safety. At the 2015 New Year's Eve celebrations in Cologne (NYE), Germany, refugees allegedly committed over a thousand crimes,…

  5. ZEW Discussion Paper No. 23-066 // 2023

    The Tax Attractiveness of EU Locations for corporate Investments: A Stocktaking of past Developments and recent Reforms

    Tax incentives are a key component of governments’ investment policy mix as they directly impact companies’ tax burden. In this paper, we illustrate the EU’s tax attractiveness as investment location over time…

  6. ZEW Discussion Paper No. 23-061 // 2023

    Big Data and Start-Up Performance

    Big Data (BD) is becoming widely available and manageable. This raises the question of whether Big Data Analytics (BDA) in companies leads to better decision-making andhence performance. Based on a large,…

  7. ZEW Discussion Paper No. 23-065 // 2023

    Carbon Emission Statements: Balance Sheets and Flow Statements

    Current corporate disclosures regarding carbon emissions lack generally accepted accounting rules. The carbon accrual accounting system described here takes the rules of historical cost accounting for operating…

  8. ZEW Discussion Paper No. 23-064 // 2023

    Broken Relationships: De-Risking by Correspondent Banks and International Trade

    We exploit proprietary information on severed correspondent banking relationships (due to the stricter enforcement of financial crime regulation) to assess how payment disruptions impede cross-border trade.…

  9. ZEW Discussion Paper No. 23-063 // 2023

    A new Indicator to implement effective Spending Review Policies in the Public Procurement for standardized Goods

    We suggest an alternative indicator that can lead to price reductions in the public procurement market for goods, i.e., the elasticity of prices to quantities purchased. We apply the analysis to the procurement…

  10. ZEW Discussion Paper No. 23-062 // 2023

    Heterogeneous Expectations among Professional Forecasters

    Macroeconomic expectations of various economic agents are characterized by substantial cross-sectional heterogeneity. In this paper, we focus on expectations heterogeneity among professional forecasters. We…