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• Events // 27.05.2024

  Carbon Border Adjustments An Examination of the Direct and Indirect Effects of the European Carbon Border Adjustment Mechanism (CBAM)

  changes, thereby providing insights into the potential impacts of this new mechanism on imports and exports, output and carbon emissions. The current CBAM regulation covers a minor fraction of total [...] total emissions and trade, affecting 0.18% of global emissions and 0.5% of global trade in intermediary goods and services. The authors find, that the CBAM's introduction, combined with the removal of free
• Publications // 29.01.2014

  ZEW Discussion Paper - The Change of Sales Modes in International Markets - Empirical Results for German and British High-Tech Firms

  changing between the two sales modes most frequently used by the sampled exporters: direct exports and exporting via an intermediary. The estimation results confirm the importance of the firm’s physical and [...] considerations that are not covered by our data. For example, a young high-tech firm will resort to an intermediary regardless of its resources and transaction-specific assets if this is the only way of coming