Using firm-level panel data, this paper exposes differences in the dynamic oil production regime between private and state-owned firms. I find that state-owned firms reduce the oil supply, ceteris paribus, by 3.5 percent each year, but private firms hold output constant. Furthermore, state-owned...

Using firm-level panel data, this paper exposes differences in the dynamic oil produc- tion regime between private and state-owned firms. I find that state-owned firms reduce the oil supply, ceteris paribus, by 3.5 percent each year, but private firms hold output constant. Furthermore,...

Ziel dieses Projekts ist die Analyse eines möglichen Zusammenhangs des jüngsten Ölpreisanstiegs mit dem Peak-Oil Effekt, welcher sich über die Verknappung des Erdölangebots realisieren würde. Ein direkter Test einer solchen Interrelation ist jedoch erst ex-post möglich. Dieses Paper...

Ziel dieses Projekts ist die Analyse eines möglichen Zusammenhangs des jüngsten Ölpreisanstiegs mit dem Peak-Oil Effekt, welcher sich über die Verknappung des Erdölangebots realisieren würde. Ein direkter Test einer solchen Interrelation ist jedoch erst ex-post möglich. Dieses Paper...

We show that the creation of the first integrated pan-European transport network during Roman times influences economic integration over two millennia. Drawing on spatially highly disaggregated data on excavated Roman ceramics, we document that interregional trade was strongly influenced by...

We show that the creation of the first integrated multi-modal pan-European transport network during Roman times influences economic integration over two millennia. Drawing on spatially highly disaggregated data on excavated Roman ceramics, we document that contemporary interregional trade was...