infonet-economy

Based on a unique firm-level data set from the German manufacturing sector, this paper disentangles environmental and non-environmental product and process innovations. The multivariate probit analysis shows that the various innovation types are determined by different factors. The estimation results suggest a policy mix which comprises the encouragement of R&D activities,…

Companies play a central role on the way towards sustainable development. Over the last years, many approaches have emerged that attempt to measure companies’ contribution to sustainable development, i.e. corporate sustainability. Our analysis of existing approaches reveals two major shortcomings. First, value creation as a core condition for sustainability as well as for further…

This paper analyzes the effect of the 2002 German federal elections to the Lower House of Parliament (Bundestag) on the financial performance of German energy corporations.We consider the last minute victory of the government coalition consisting of Social Democrats and the Green party which was generally associated with a major shift in energy policy towards the promotion of…

We discuss self-serving uses of equity in international climate negotiations. Using unique data from a world-wide survey of agents involved in international climate policy, we show that the perceived support of different equity rules by countries can be explained by the ranking of their economic costs. Despite being self-serving, equity arguments may be perceived as being used for…