We study the welfare effects of school district consolidation, i.e. the integration of disjoint school districts into a centralised clearinghouse. We show theoretically that, in the worst-case scenario, district…
Is trade liberalization contributing to cleaner production amongst manufacturing firms? Theoretical predictions and empirical evidences are mixed. This study utilizes China’s dual trade regime and China’s…
In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U.S. economy during the last 40 years. In this paper, we replicate their findings for China and…
Im #ZEWPodcast „Wirtschaft · Forschung · Debatten“ beleuchtet ZEW-Ökonom Prof. Friedrich Heinemann die Erwartungen an Deutschland als guten europäischen Moderator und betont, dass ein solcher „nicht zu jeder…
Although merger and acquisitions (M&As) are acknowledged as an important means to access innovative assets and know-how, firms’ inventive output often declines in the post-M&A period. Financial, managerial and…
