We study the impact of broadband availability on firms' total factor productivity (TFP) using German firm-level data between 2010 and 2015. We adopt a control function approach to causally identify and separately estimate productivity for 46 two-digit manufacturing and service sectors. Over the...

In der Diskussion über die staatliche Förderung des Breitbandausbaus wird immer wieder die Frage aufgeworfen, ob und in welchem Umfang Unternehmen von neuen Netzen profitieren. Empirische Analysen auf Grundlage von Unternehmensdaten und Daten zur Breitbandverfügbarkeit in Deutschland zeigen,...

The advent of cloud computing promises to improve the way firms utilize IT solutions. Firms are expected to replace large and inflexible fixed-cost investments in IT with more targeted variable spending in cloud solutions. In addition, cloud usage is expected to increase the productivity of...

The advent of cloud computing promises to improve the way firms utilize IT solutions. Firms are expected to replace large and inflexible fixed-cost investments in IT with more targeted variable spending in cloud solutions. In addition, cloud usage is expected to increase the productivity of...

Cloud-Computing ist für Unternehmen eine kostengünstige und flexible Art der IT-Nutzung, ohne dass Investitionen in die eigene, teure und starre IT-Infrastruktur notwendig sind. Daher wird erwartet, dass die Nutzung von Cloud-Diensten sich in geringeren IT-Investitionen niederschlägt und...

This paper empirically evaluates the price effects of the merger of two major book retail chains in the UK: Waterstone's and Ottakar's. We employ differences-in-differences techniques and use a rich dataset containing monthly scanner data information on a sample of 200 books sold in 60 stores in...

We study the effect of a merger in a dynamic high-technology industry–the videogame market– which is characterized by frequent introduction of new products. To assess the impact of the merger between two large specialist retailers in the UK, we perform a difference-in-differences analysis...

This paper tests whether upstream R&D cooperation leads to downstream collusion. We consider an oligopolistic setting where firms enter in research joint ventures (RJVs) to lower production costs or coordinate on collusion in the product market. We show that a sufficient condition for...

The aim of this paper is to test the determinants of Research Joint Ventures' (RJVs) group dynamics. We look at entry, exit and turbulence in RJVs that have been set up under the US National Cooperative Research Act, which allows for certain antitrust exemptions in order to stimulate firms to...