After 20 years of transition from an economy integrated in an exchange scheme of planned economies towards an open market economy based on the ideas of competition, we ask whether East German firms succeeded in finding their place in the international division of labour. We concentrate on the...

Following the construction boom of recent years in Germany, inflation and supply bottlenecks hit the industry hard in 2022. While nominal construction volume increased by nearly 14 percent, it decreased by two percent when adjusted for inflation. Residential construction, which is urgently...

Russia's war against Ukraine and China's reactions have decisively changed the general conditions for industry in Germany. Industry is facing major changes in the context of modernization, decarbonization and localization. The energy transition off ers an enormous economic opportunity for German...

It is argued that the observed return rates on capital at firm-level have an upward bias if firms are producing with unobserved intangible capital. Using EUKLEED, a comprehensive firm level data base for Germany, this theoretical preposition is proved empirically. Furthermore, making unobserved...

According to the latest review report of the Council of Experts on Climate Change, the German building sector failed to meet its greenhouse gas emission reduction targets in 2022. This is in part because investments in energy-efficient building refurbishment-supported by all kinds of policy...

Nach dem aktuellen Bericht des Expertenrates für Klimafragen hat der Gebäudesektor in Deutschland auch im vergangenen Jahr seine Zielmarke zur Einsparung bei Treibhausgasemissionen gerissen. Dies liegt auch daran, dass in den vergangenen zehn Jahren die Investitionssummen in energetische...