TY  - BOOK
A1  - Bernecker, Andreas
T1  - Essays in Empirical Political Economics
Y1  - 2014
N1  - Mannheim, Univ., Diss., 2014.
ER  - 
TY  - JOUR
A1  - Bernecker, Andreas
T1  - Divided Government and the Adoption of Economic Reforms
JF  - CESifo DICE Report - Journal for Institutional Comparison
Y1  - 2014
SN  - 1612-0663
VL  - 12
IS  - 4
SP  - 47
EP  - 52
PB  - Ifo Institute for Economic Research
CY  - München
ER  - 
TY  - JOUR
A1  - Bernecker, Andreas
T1  - Do politicians shirk when reelection is certain? Evidence from the German parliament
JF  - European Journal of Political Economy
N2  - Does stiffer electoral competition reduce political shirking? For a micro-analysis of this question, I construct a new data set spanning the years 2005 to 2012 covering biographical and political information about German Members of Parliament (MPs), including their attendance rates in voting sessions. For the parliament elected in 2009, I show that indeed opposition party MPs who expect to face a close race in their district show significantly and relevantly lower absence rates in parliament beforehand. MPs of governing parties seem not to react significantly to electoral competition. These results are confirmed by an analysis of the parliament elected in 2005, by several robustness checks, and also by employing an instrumental variable strategy exploiting convenient peculiarities of the German electoral system. The study also shows how MPs elected via party lists react to different levels of electoral competition.
Y1  - 2014
U6  - http://dx.doi.org/10.1016/j.ejpoleco.2014.07.001
SN  - 0176-2680
VL  - 36
SP  - 55
EP  - 70
PB  - Elsevier
CY  - Amsterdam
ER  - 
TY  - JOUR
A1  - Tran, Duc Hung
T1  - Multiple corporate governance attributes and the cost of capital – Evidence from Germany
JF  - The British Accounting Review
N2  - This paper investigates the extent to which corporate governance affects the cost of debt and equity capital of German exchange-listed companies. I examine corporate governance along three dimensions: financial information quality, ownership structure and board structure. The results suggest that firms with high levels of financial transparency and bonus compensations face lower cost of equity. In addition, block ownership is negatively related to firms' cost of equity when the blockholders are other firms, managers or founding-family members. Consistent with the conjecture that agency costs increase with firm size, I find significant cost of debt effects only in the largest German companies. Here, the creditors demand lower cost of debt from firms with block ownerships held by corporations or banks. My findings demonstrate that a uniform set of governance attributes is unlikely to satisfy suppliers of debt and equity capital equally.
Y1  - 2018
U6  - http://dx.doi.org/https://doi.org/10.1016/j.bar.2014.02.003
SN  - 0890-8389
VL  - 46
IS  - 2
SP  - 179
EP  - 197
PB  - Elsevier
CY  - Amsterdam
ER  - 
TY  - JOUR
A1  - Fredebeul-Krein, Markus
A1  - Steingröver, Markus
T1  - Wholesale broadband access to IPTV in an NGA environment : how to deal with it from a regulatory perspective?
JF  - Telecommunications Policy
Y1  - 2014
U6  - http://dx.doi.org/doi:10.1016/j.telpol.2013.04.002
SN  - 0308-5961 (Print)
SN  - 1879-3258 (Online)
VL  - 38
IS  - 3
SP  - 264
EP  - 277
PB  - Elsevier
CY  - Amsterdam
ER  - 
TY  - JOUR
A1  - Goedhuys, Micheline
A1  - Janz, Norbert
A1  - Mohnen, Pierre
T1  - Knowledge-based productivity in “low-tech” industries: evidence from firms in developing countries
JF  - Industrial and corporate change
N2  - Using firm-level data from five developing countries—Brazil, Ecuador, South Africa, Tanzania, and Bangladesh—and three industries—food processing, textiles, and the garments and leather products—this article examines the importance of various sources of knowledge for explaining productivity and formally tests whether sector- or country-specific characteristics dominate these relationships. Knowledge sources driving productivity appear mainly sector specific. Also differences in the level of development affect the effectiveness of knowledge sources. In the food processing sector, firms with higher educated managers are more productive, and in least-developed countries, additionally those with technology licenses and imported machinery and equipment. In the capital-intensive textiles sector, productivity is higher in firms that conduct R&D. In the garments and leather products sector, higher education of the managers, licensing, and R&D raise productivity.
Y1  - 2014
U6  - http://dx.doi.org/10.1093/icc/dtt006
SN  - 1464-3650 (E-Journal); 0960-6491 (Print)
VL  - 23
IS  - 1
SP  - 1
EP  - 23
PB  - Oxford University Press
CY  - Oxford
ER  -