Deutschland hat eine massive Investitionsschwäche, welche die Produktivität dämpft, damit das Wirtschaftswachstum verringert und zunehmend den Wohlstand gefährdet. Doch nicht nur der Staat hat in der Vergangenheit zu wenig investiert. Ebenso investierten Unternehmen deutlich weniger als in...

Das deutsche Geschäftsmodell, geprägt durch eine industriebasierte, dienstleistungsergänzte, exportorientierte und regional balancierte Struktur, steht unter erheblichem Druck, Seit 2018 schrumpft die Industrieproduktion, während die Bruttowertschöpfung zwar stabil bleibt, jedoch stagniert,...

This paper studies how competition between groups affects cooperation. In the control condition, pairs of subjects play an indefinitely repeated Prisoner's Dilemma game without external competition. In the treatment, two pairs compete against each other. No monetary rewards are tied to winning,...

Deutschland hat bei der Digitalisierung öffentlicher Verwaltungsprozesse große Defizite. Die föderale Struktur Deutschlands sowie stark regelgebundene Verwaltungsprozesse können das Digitalisierungsdefizit in der öffentlichen Verwaltung nur ansatzweise erklären. Der Kronberger Kreis...

Competitive environments often leave room for "dirty" practices such as sabotage, retaliation, or dishonesty. We use an online experiment to document aggregate levels and individual differences in the willingness to engage in dirty competition and in the willingness to enter competitions where...

This study investigates the impact of competition from informal or unregistered firms on the likelihood of formal manufacturing small and medium-size enterprises obtaining internationally recognized quality certificates. The sample includes 16 countries in Latin America and the Caribbean, one of...

We conduct a laboratory experiment to compare the fairness and intensity of round-robin tournaments with three symmetric players, a single prize, and two alternative match formats. Matches are either organized as lottery contests or all-pay auctions. Whereas we confirm the theoretical prediction...

Das deutsche Geschäftsmodell, geprägt durch eine industriebasierte, dienstleistungsergänzte, exportorientierte und regional balancierte Struktur, steht unter erheblichem Druck, Seit 2018 schrumpft die Industrieproduktion, während die Bruttowertschöpfung zwar stabil bleibt, jedoch stagniert,...

Deutschland hat eine massive Investitionsschwäche, welche die Produktivität dämpft, damit das Wirtschaftswachstum verringert und zunehmend den Wohlstand gefährdet. Doch nicht nur der Staat hat in der Vergangenheit zu wenig investiert. Ebenso investierten Unternehmen deutlich weniger als in...

This paper examines competitiveness and productivity in the Baltics. Focusing on recent developments, it asks why Russia's war in Ukraine led to a prolonged recession and strong decline in competitiveness in Estonia, while Latvia and Lithuania shielded their economies more effectively. The paper...

We collect observations on how power constitutes itself in decentralized digital platform constellations that position themselves as alternatives to platforms operated by big tech (which we coin "hyperledgers"). We then compare these forms of power to the incumbent structures, the so called...

Der Aufbau des Textes folgt dem Fragebogen der Monopolkommission vom 28.1.2025. Dieser ist gegliedert in die Abteilungen: I) Allgemeine Entwicklung der Wettbewerbsbedingungen II) DB InfraGO AG III) Entwicklungen der Trassenentgelte IV) Sonstiges Die 23 Fragen der Monopolkommission sind...

Purpose - Using Chinese A-share listed firms between 2007 and 2020 with 21,380 observations, we aim to examine the impact of cross-ownership on firms' innovation output and explore the underlying mechanisms. Design/methodology/approach - To test the influence of cross-ownership on firms'...

This article examines the price effects of gasoline stations following a retail merger in 2022. Using detailed station-level price data from 2020 to 2024, the analysis shows that fuel prices increase at both merging stations and their competitors, but with regional differences. These regional...

Der Aufbau des Textes folgt dem Fragebogen der Monopolkommission vom 28.1.2025. Dieser ist gegliedert in die Abteilungen: I) Allgemeine Entwicklung der Wettbewerbsbedingungen II) DB InfraGO AG III) Entwicklungen der Trassenentgelte IV) Sonstiges Die 23 Fragen der Monopolkommission sind...

On October 4, 2021, all services provided by Meta Platforms, Inc. (then Facebook, Inc.) became unavailable unexpectedly for all its worldwide users for a period of about six hours. We use detailed high‐frequency tracking data from smartphones, tablets and desktop computers of thousands of Meta...

This study evaluates the effectiveness of Aragón's Regional Innovation Strategy for Smart Specialization (RIS3) 2014-2020 by applying Social Network Analysis (SNA) to a comprehensive dataset of regional, national, and European competitive public projects involving Aragonese entities between...

Competition is a core element of economic growth, but empirical evidence on how competition affects productivity is often limited. Competition and Productivity Growth in Latin America and the Caribbean presents new empirical research that shows how competition policy in the region has...

This paper examines the effects of the introduction of mobile number portability (MNP) using data from Uruguay. MNP allows customers to switch mobile providers while retaining their phone number, thereby reducing switching costs and potentially enhancing competition. Our analysis reveals that...

The functioning of the banking sector is key for economic growth. In this paper, we first gather banks' balance sheet monthly regulatory information in a consistent manner for seven Latin American countries. Second, we estimate lending markups and deposits markdowns in each country over time....

Online platforms have evolved into powerful programmable architectures that enable heterogeneous groups of autonomous but interdependent users to interact. Based on a stratified sample of 1,380 companies from a newly developed enterprise survey in Austria, the analysis aims to reduce the lack of...

In this paper, we analyze the competition in the Colombian banking sector using bank-level monthly balance sheet information. We estimate the changes in measures of market power due to the exogenous introduction of a liquidity regulation. Our results suggest that introducing a net stable funding...