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  1. ... euro area report
    2024
    Published: 2023
    Publisher:  Publications Office of the European Union, Luxembourg

    After a continued rebound in 2022, the euro-area economy witnessed a strong deceleration this year. In 2022, the growth boost resulting from the post-COVID reopening of the economy, together with policy support, led to a solid 3.4% economic... more

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    After a continued rebound in 2022, the euro-area economy witnessed a strong deceleration this year. In 2022, the growth boost resulting from the post-COVID reopening of the economy, together with policy support, led to a solid 3.4% economic expansion. Despite the rapid rise in energy prices in the winter of 2022, the euro area avoided a recession. The robust labour market has been and remains a key element of macroeconomic resilience and supportive of aggregate demand. Still, high consumer prices and tightening financing conditions have resulted in a loss of growth momentum over the course of 2023. For 2023, GDP for the euro area is expected to grow by 0.6%, with some Member States recording negative growth for the year as a whole.

     
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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789268042342
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    Parent title: ... euro area report - Show all bands
    Series: Array ; 259 (November 2023)
    Subjects: euro area; macroeconomics; inflation; price of energy; monetary policy; labour market; financial risk; fiscal policy; euro; Economic and Monetary Union; financial stability; competitiveness; activity report
    Scope: 1 Online-Ressource (circa 52 Seiten)
  2. National productivity boards
    institutional set-up and analyses of productivity
    Author: Garcia, Luis; Giamboni, Luigi; Vigani, Mauro
    Published: 2023
    Publisher:  Publications Office of the European Union, Luxembourg

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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789268017418
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    Series: Array ; 185 (June 2023)
    Subjects: National Productivity Boards; productivity; competitiveness; investment; human capital; skills; digitalisation; green transition
    Scope: 1 Online-Ressource (circa 46 Seiten)
  3. The many channels of firm's adjustment to energy shocks
    evidence from France
    Author: Fontagné, Lionel; Martin, Philippe J.; Orefice, Gianluca
    Published: July 2023
    Publisher:  CESifo, Munich, Germany

    Based on firm level data in the French manufacturing sector, we find that firms adapt quickly, strongly and through multiple channels to energy shocks, even though electricity and gas bills represent a very small share of their total costs. Over the... more

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    Based on firm level data in the French manufacturing sector, we find that firms adapt quickly, strongly and through multiple channels to energy shocks, even though electricity and gas bills represent a very small share of their total costs. Over the period 1996-2019, faced with an idiosyncratic energy price increase, firms reduce their energy demand, improve their energy efficiency, increase intermediate inputs imports and optimize energy use across plants. Firms are also able to pass-through the cost shock fully on their export prices. Their production, exports and employment fall. A consequence of these multiple adjustment mechanisms is that the fall in profits is either non-significant, small or specific to only the most energy intensive firms. We also find that the impact of electricity shocks has weakened over time, suggesting that only firms able to adapt their production process to energy cost shocks have survived. Importantly, when faced with large electricity and gas price increases, firms are less able to reduce their consumption. These results shed light on the mechanisms of resilience of the European manufacturing sector in the context of the present energy crisis.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
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    hdl: 10419/279298
    Series: CESifo working papers ; 10548 (2023)
    Subjects: energy crisis; employment; production; competitiveness; electricity; gas
    Scope: 1 Online-Ressource (circa 55 Seiten), Illustrationen
  4. The road to success
    how regional innovation ecosystems can improve participation in the European Framework Programme for R&I
    Author: Peiffer-Smadja, Océane; Mitra, Alessio; Ravet, Julien; Di Girolamo, Valentina
    Published: 2023
    Publisher:  Publications Office of the European Union, Luxembourg

    This paper uses multiple linear and fractional probit regressions to assess the importance of regional research capacities and assets, as well as intrinsic characteristics of the regions in defining success in the European R&I Framework Programme. We... more

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    This paper uses multiple linear and fractional probit regressions to assess the importance of regional research capacities and assets, as well as intrinsic characteristics of the regions in defining success in the European R&I Framework Programme. We find that quality of research outputs matters more than quantity, particularly in projects targeting societal challenges, while quality of patenting activity matters more than quantity, particularly in projects targeting industrial objectives. Less-developed regions benefit from improved institutions, while advanced regions gain from increased R&D and human resources investments. We provide recommendations on how regions can improve their capacity to participate in the EU FP for R&I.

     
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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789268084632
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    Series: Array ; 2023, 06
    Subjects: economic development; innovation; research and development; EU research policy; regional policy; competitiveness; Framework Programme for Research and Development; investment
    Scope: 1 Online-Ressource (circa 27 Seiten)
  5. Piercing the "payoff function" veil
    tracing beliefs and motives
    Author: Fenig, Guidon; Gallipoli, Giovanni; Halevy, Yoram
    Published: [2023]
    Publisher:  Rimini Centre for Economic Analysis, [Waterloo, Ontario]

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    Series: Working paper series / Rimini Centre for Economic Analysis ; wp 23, 02
    Subjects: non-choice data; typology; tracking; response-time; coordination; public goods; complementarity; altruism; joy of giving; competitiveness; joy of winning; complexity; laboratory experiment
    Scope: 1 Online-Ressource (circa 78 Seiten), Illustrationen
  6. In search of a growth model for Italy
    the failed attempt of an export-led recovery strategy?
    Author: Bramucci, Alessandro
    Published: January 2023
    Publisher:  Berlin School of Economics and Law, Institute for International Political Economy Berlin, Berlin

    We analyse Italy's growth pattern from 2001 to 2019 using the demand and growth regime categories proposed in the post-Keynesian tradition and recently adopted in the comparative political economy (CPE) literature. We argue that Italy followed an... more

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    We analyse Italy's growth pattern from 2001 to 2019 using the demand and growth regime categories proposed in the post-Keynesian tradition and recently adopted in the comparative political economy (CPE) literature. We argue that Italy followed an export-led recovery strategy after the Global Financial Crisis. In this respect, Germany's growth model emerged as the successful one to follow. In the dominant view, Germany's economic success since the mid-2000s was attributed to a series of painful but necessary economic reforms. The success of Germany's export-led mercantilist regime became particularly attractive to Italy given the similar export-oriented manufacturing industry. However, Italy has followed the "wrong" German model based on wage compression and restrictive budget policies while the "true" German model is based on non-price competitiveness factors. To conclude, we show the contradictions of the mercantilist export-led regime.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
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    hdl: 10419/268610
    Series: Working paper / Institute for International Political Economy Berlin ; no. 205 (2023)
    Subjects: Demand and growth regimes; export-led growth; competitiveness; internal devaluation; Germany; Italy
    Scope: 1 Online-Ressource (circa 20 Seiten), Illustrationen
  7. Carbon costs and industrial firm performance
    evidence from international microdata
    Author: Trinks, Arjan; Hille, Erik
    Published: April 2023
    Publisher:  CPB Netherlands Bureau for Economic Policy Analysis, [Den Haag]

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
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    Series: CPB discussion paper
    Subjects: Carbon costs; climate policy stringency; shadow price; firm performance; competitiveness; shift-share instrument
    Scope: 1 Online-Ressource (circa 46 Seiten), Illustrationen
  8. Does unfairness hurt women?
    the effects of losing unfair competitions
    Author: Piasenti, Stefano; Valente, Marica; Veldhuizen, Roel van; Pfeifer, Gregor
    Published: [2023]
    Publisher:  Collaborative Research Center Transregio 190, [München]

    How do men and women differ in their persistence after experiencing failure in a competitive environment? We tackle this question by combining a large online experiment (N=2,086) with machine learning. We find that when losing is unequivocally due to... more

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    How do men and women differ in their persistence after experiencing failure in a competitive environment? We tackle this question by combining a large online experiment (N=2,086) with machine learning. We find that when losing is unequivocally due to merit, both men and women exhibit a significant decrease in subsequent tournament entry. However, when the prior tournament is unfair, i.e., a loss is no longer necessarily based on merit, women are more discouraged than men. These results suggest that transparent meritocratic criteria may play a key role in preventing women from falling behind after experiencing a loss.

     
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    Language: English
    Media type: Book
    Format: Online
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    hdl: 10419/282102
    Series: Discussion paper / Rationality & Competition, CRC TRR 190 ; no. 410 (July 14, 2023)
    Subjects: competitiveness; gender; fairness; machine learning; online experiment
    Scope: 1 Online-Ressource (circa 53 Seiten), Illustrationen
  9. Competition, confidence and gender
    shifting the focus from the overconfident to the realistic
    Author: Lénárd, Tünde; Horn, Dániel; Kiss, Hubert János
    Published: [2023]
    Publisher:  Institute of Economics, Centre for Economic and Regional Studies, Budapest

    The gender gap in competitiveness is argued to explain gender differences in later life outcomes, including career choices and the gender wage gap. In experimental settings, a prevalent explanation attributes this gap to males being more... more

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    The gender gap in competitiveness is argued to explain gender differences in later life outcomes, including career choices and the gender wage gap. In experimental settings, a prevalent explanation attributes this gap to males being more (over)confident than females (we call this the compositional channel). While our lab-in-the-field study using data from students in 53 classrooms (N$>$1000) reproduces this finding, it also uncovers a second, potentially more impactful channel of confidence contributing to the gender gap in competitiveness (the preference channel). To disentangle the two channels, we propose a more precise measure of confidence based on whether the subjects' believed performance rank exceeds, coincides with or falls short of their actual performance in a real-effort task. We label categories of this Guessed - Actual Performance (GAP) difference as overconfident, realistic or underconfident, respectively. Surprisingly, there is no gender difference in competitiveness within the over- and underconfident subgroups, while a significant gender gap exists among the realistic. So, even if both genders had the same level of confidence, a persistent gender gap in preference (or taste) for competition would remain in the realistic group. This finding is robust across all specifications, challenging previous theories about the overconfidence of men being the sole driver of the relationship between confidence and the gender gap in competition.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
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    hdl: 10419/282248
    Series: KRTK KTI working papers ; KRTK KTI WP - 2023, 27 (September 2023)
    Subjects: adolescents; competitiveness; confidence; gender; experiment
    Scope: 1 Online-Ressource (circa 41 Seiten), Illustrationen
  10. A further look at the gender gap in Italian academic careers
    Author: Brunetti, Marianna; Fabretti, Annalisa; Zoli, Mariangela
    Published: [2023]
    Publisher:  CEIS Tor Vergata, [Rom]

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    Media type: Book
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    Series: CEIS Tor Vergata research paper series ; vol. 21, issue 7 = no. 570 (December 2023)
    Subjects: gender gap; competitiveness; productivity; mobility; higher education; academia
    Scope: 1 Online-Ressource (circa 39 Seiten), Illustrationen
  11. Overall strategic analysis of clean energy technology in the European Union
    status report
    Published: 2023
    Publisher:  Publications Office of the European Union, Luxembourg

    Clean Energy Technology Observatory (CETO) provides an evidence-based analysis feeding the policy making process and hence increasing the effectiveness of R&I policies for clean energy technologies and solutions. It monitors EU research and... more

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    Clean Energy Technology Observatory (CETO) provides an evidence-based analysis feeding the policy making process and hence increasing the effectiveness of R&I policies for clean energy technologies and solutions. It monitors EU research and innovation activities on clean energy technologies needed for the delivery of the European Green Deal; and assesses the competitiveness of the EU clean energy sector and its positioning in the global energy market. This overall strategic assessment highlights various aspects of the clean energy technology sector in the EU, including the increase in energy consumption and carbon intensity due to economic recovery, the decrease in greenhouse gas intensity, the growth of the renewable energy sector, the deployment of carbon pricing, the investment in research and innovation, the increase in employment in the renewable energy sector, the challenges in the manufacturing industry, the need for upskilling and digitalization, and the need for improved public data.

     
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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789268084311
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    Series: Clean energy technology observatory ; 2023
    Overall strategic analysis of clean energy technology in the European Union / European Commission, Clean Energy Technology Observatory; European Commission, Joint Research Centre ; 2023
    EUR ; 31701
    JRC ; 135404
    Subjects: Saubere Energie; Energietechnik; Förderung erneuerbarer Energien; Energiewirtschaft; EU-Staaten; energy technology; clean technology; innovation; energy research; competitiveness; energy market; sustainable development; value chain; research and development; energy production; research report
    Scope: 1 Online-Ressource (circa 50 Seiten)
  12. Study on the economic potential of far edge computing in the future smart Internet of Things
    final study report
    Published: 2023
    Publisher:  Publications Office of the European Union, Luxembourg

    This study details both the economic opportunities and environmental impacts of a paradigm shift in the domain of the Internet of Things (IoT) towards computing at the Edge. The study's objectives are aligned with that of the targets of the Digital... more

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    This study details both the economic opportunities and environmental impacts of a paradigm shift in the domain of the Internet of Things (IoT) towards computing at the Edge. The study's objectives are aligned with that of the targets of the Digital Decade and contribute to the objectives of the Horizon Europe strategic plan for the development of technologies, standards and experimentation for users that will support Edge Computing for the future smart IoT. This study provides a thorough analysis of the competitive positioning of the EU on Professional IoT (Automotive electronics, factory automation, energy management IoT, security IoT, connected health & care devices, asset trackers for logistics and finally IoT for agriculture), which correspond to major industrial strengths and opportunities for the EU in light of the digital transition. Indeed, since 2021, Professional IoT's global market exceeds the market of consumer IoT, and the EU professional IoT manufacturers are still in a leading position worldwide, with 28% market shares, ahead of China and the USA. Professional IoT markets are also key to ensure the success of the EU green transition, given their role in new renewable energy production, smart grids, and green mobility. In this regard, a successful deployment of the Cloud-to-edge computing continuum is a prerequisite for the establishment of mature smart grids. This study answers the need of clear definition of edge computing and of its impact along the value chain of IoT, generating new business models and challenging the position of established players. In 2021, the ICT sector represented 4% of the total carbon footprint of humanity and its environmental footprint is expected to reach 7% by 2030. Professional IoT alone correspond to one third of this impact. Considering the EU's climate goals and plans (Green Deal), and in line with DG CNECT's priorities, this study provides a detailed environmental impact assessment of the global deployment of professional IoT and how the edge computing trend is affecting this environmental impact. Finally, chips supply plays an increasing role for EU's industrial fabric, and this is particularly reflected while studying the impact of edge computing on IoT. This is why these study's findings are of interest for the guidance of the EU Chips Act implementation. For this study, DECISION designed a segmentation of the types of semiconductors required to perform computing functions (processors and memories), depending on the intensity of computing capabilities they can ensure: thin, medium, or thick. This segmentation enables to easily position the European suppliers in the global semiconductor competition, as overall the EU ecosystem is strong in thin computing semiconductors, and small and reliant on US providers on thick computing semiconductors.

     
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  13. Kapitał intelektualny a konkurencyjność banków w Polsce
    Author: Anielak-Sobczak, Karolina
    Published: 2023
    Publisher:  Wydawnictwo Uniwersytetu Łódzkiego, Łódź

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    Source: Union catalogues
    Language: Polish
    Media type: Ebook
    Format: Online
    ISBN: 9788383312736
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    Series: Finanse / Wydawnictwo Uniwersytetu Łódzkiego
    Subjects: intellectual capital; bank; competitiveness; synthetic measure; multidimensional statistical analysis; innovation
    Scope: 1 Online-Ressource (circa 172 Seiten), Illustrationen
  14. Does unfairness hurt women?
    the effects of losing unfair competitions
    Author: Piasenti, Stefano; Valente, Marica; Veldhuizen, Roel van; Pfeifer, Gregor
    Published: July 2023
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    How do men and women differ in their persistence after experiencing failure in a competitive environment? We tackle this question by combining a large online experiment (N=2,086) with machine learning. We find that when losing is unequivocally due to... more

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    How do men and women differ in their persistence after experiencing failure in a competitive environment? We tackle this question by combining a large online experiment (N=2,086) with machine learning. We find that when losing is unequivocally due to merit, both men and women exhibit a significant decrease in subsequent tournament entry. However, when the prior tournament is unfair, i.e., a loss is no longer necessarily based on merit, women are more discouraged than men. These results suggest that transparent meritocratic criteria may play a key role in preventing women from falling behind after experiencing a loss.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
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    hdl: 10419/279022
    Series: Discussion paper series / IZA ; no. 16324
    Subjects: competitiveness; gender; fairness; machine learning; online experiment
    Scope: 1 Online-Ressource (circa 54 Seiten), Illustrationen
  15. The anatomy of competitiveness
    Author: Buser, Thomas; Oosterbeek, Hessel
    Published: [2023]
    Publisher:  Tinbergen Institute, Amsterdam, The Netherlands

    A large empirical literature in behavioral economics investigates heterogeneity across individuals and groups in preferences for competition. In this study, we provide a more detailed view on competitiveness by differentiating between four different... more

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    A large empirical literature in behavioral economics investigates heterogeneity across individuals and groups in preferences for competition. In this study, we provide a more detailed view on competitiveness by differentiating between four different motivations for entering competitions - enjoyment of competition, desire to win, competition for personal development, and general challenge seeking. We investigate which of these dimensions are picked up by traditional measures of competitiveness; how they predict individual and gender differences in career outcomes including income, holding a leadership position, and entrepreneurship; how they predict wellbeing; and how they relate to other personality traits, skills, and preferences.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/273842
    Series: Array ; TI 2023, 031
    Subjects: competitiveness; personality traits; labor market outcomes; leadership; gender
    Scope: 1 Online-Ressource (circa 33 Seiten), Illustrationen
  16. Trends in the EU bioeconomy 2023
    Author: Mubareka, Sarah B.; Giuntoli, J.; Sánchez López, J.; Lasarte-López, J.; M'barek, Robert; Ronzon, T.; Renner, A.; Avraamides, M.
    Published: 2023
    Publisher:  Publications Office of the European Union, Luxembourg

    Policy monitoring frameworks allow decision makers to assess the performance and progress towards specific strategic objectives that reflect an overall vision. The bioeconomy consists of complex social, economic, and environmental systems. The EU... more

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    Policy monitoring frameworks allow decision makers to assess the performance and progress towards specific strategic objectives that reflect an overall vision. The bioeconomy consists of complex social, economic, and environmental systems. The EU Bioeconomy Monitoring System was developed by the JRC to fulfil the need for a holistic policy monitoring framework and track economic, environmental and social progress towards a sustainable bioeconomy through relevant indicators. Here we present the first assessment based on the EU Bioeconomy Monitoring System.

     
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  17. The anatomy of competitiveness
    Author: Buser, Thomas; Oosterbeek, Hessel
    Published: June 2023
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    A large empirical literature in behavioral economics investigates heterogeneity across individuals and groups in preferences for competition. In this study, we provide a more detailed view on competitiveness by differentiating between four different... more

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    A large empirical literature in behavioral economics investigates heterogeneity across individuals and groups in preferences for competition. In this study, we provide a more detailed view on competitiveness by differentiating between four different motivations for entering competitions - enjoyment of competition, desire to win, competition for personal development, and general challenge seeking. We investigate which of these dimensions are picked up by traditional measures of competitiveness; how they predict individual and gender differences in career outcomes including income, holding a leadership position, and entrepreneurship; how they predict wellbeing; and how they relate to other personality traits, skills, and preferences.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/278922
    Series: Discussion paper series / IZA ; no. 16224
    Subjects: competitiveness; personality traits; labor market outcomes; leadership; gender
    Scope: 1 Online-Ressource (circa 33 Seiten), Illustrationen
  18. Leverage, competitiveness and systemic risk in banking
    Author: Gehrig, Thomas
    Published: 15 June 2023
    Publisher:  Centre for Economic Policy Research, London

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    Universitätsbibliothek Mannheim
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; DP18218
    Subjects: cost of equity; debt bias; competitiveness; resilience; systemic risk
    Scope: 1 Online-Ressource (circa 16 Seiten), Illustrationen
  19. Does unfairness hurt women?
    the effects of losing unfair competitions
    Author: Piasenti, Stefano; Valente, Marica; Veldhuizen, Roel van; Pfeifer, Gregor
    Published: July 2023
    Publisher:  CESifo, Munich, Germany

    How do men and women differ in their persistence after experiencing failure in a competitive environment? We tackle this question by combining a large online experiment (N=2,086) with machine learning. We find that when losing is unequivocally due to... more

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    How do men and women differ in their persistence after experiencing failure in a competitive environment? We tackle this question by combining a large online experiment (N=2,086) with machine learning. We find that when losing is unequivocally due to merit, both men and women exhibit a significant decrease in subsequent tournament entry. However, when the prior tournament is unfair, i.e., a loss is no longer necessarily based on merit, women are more discouraged than men. These results suggest that transparent meritocratic criteria may play a key role in preventing women from falling behind after experiencing a loss.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/279323
    Series: CESifo working papers ; 10572 (2023)
    Subjects: competitiveness; gender; fairness; machine learning; online experiment
    Scope: 1 Online-Ressource (circa 54 Seiten), Illustrationen
  20. Evolutionary economic policy and competitiveness
    Author: Peneder, Michael
    Published: July 2023
    Publisher:  Österreichisches Institut für Wirtschaftsforschung, Wien

    This paper advances a dynamic rationale for competitiveness policy that focuses on an economy's ability to evolve in order to achieve high real incomes along with desired qualitative changes in the socio-economic system. It highlights that the... more

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    This paper advances a dynamic rationale for competitiveness policy that focuses on an economy's ability to evolve in order to achieve high real incomes along with desired qualitative changes in the socio-economic system. It highlights that the ubiquitous 'rationalities of failure,' either of markets, governments, or systems, are rooted in a peculiar habit of accepting hypothetical perfect states as normative benchmarks. In contrast, competitiveness policy starts from the objectives that the system wants to achieve. By combining the structuralist ontology of the micro, meso and macro levels of development with the basic system functions of evolutionary change, a general typology is developed that differentiates, organizes and integrates various economic policies according to their respective contributions to the evolvability of the system. Among other advantages, the proposed concept of competitiveness policy allows (i) to replace the negative 'logic of failure' with the active pursuit of dynamic development goals, (ii) to break the ideologically afflicted dichotomy between 'vertical' and 'horizontal' policies and (iii) to better align the theoretical rationale with the actual perception of the societal purpose of public interventions by most policy agents.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/278596
    Series: WIFO working papers ; 662 (2023)
    Subjects: Evolutionary economics; competitiveness; structural change; policy classification
    Scope: 1 Online-Ressource (circa 24 Seiten), Illustrationen
  21. The heat pump wave
    opportunities and challenges : analysis of the largescale deployment of heat pumps by 2030 following the REPowerEU plan
    Author: Toleikyte, Agne; Roca Reina, Juan Carlos; Volt, Jonathan; Carlsson, Johan; Lyons, Lorcan; Gasparella, Andrea; Koolen, Derck; De Felice, Matteo; Tarvydas, Dalius; Czako, Veronika; Koukoufikis, Giorgos; Kuokkanen, Anna; Letout, Simon
    Published: 2023
    Publisher:  Publications Office of the European Union, Luxembourg

    Decarbonisation of heating is a key priority of the EU's climate agenda, given that the building sector is responsible for 36% of total greenhouse gas emissions. Heat pumps play a central role in enabling the transition towards a climate-neutral... more

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    Decarbonisation of heating is a key priority of the EU's climate agenda, given that the building sector is responsible for 36% of total greenhouse gas emissions. Heat pumps play a central role in enabling the transition towards a climate-neutral society, and are also seen as a crucial tool in achieving independence from foreign oil and gas sources. The EU has set out a plan to quickly ramp up the manufacturing and installation of heat pumps. This study examines the potential impacts arising from this scale-up of heat pump installations. The European Building Energy Model (EBEM), an in-house bottom-up building model, has been developed to analyse current and future energy trends based on disaggregated building stock. The model accurately estimates and compares specific energy consumption and CO2 emissions, taking into account parameters such as heating type, insulation level and climatic region. The analysis shows that replacing 30 million fossil fuel individual boilers in residential dwellings with heat pumps would reduce the EU's gas and oil consumption by 36% in these dwellings. In the large majority of cases, switching from a fossil fuelled boiler to a heat pump will result in lower bills for heating. While the additional heat pumps will deliver more stress to the power grids, the impact is relatively modest and can be reduced, or even alleviated, by activating demand-side flexibility measures. The study also concludes that a rapid scale-up of heat pumps will require more and higher skilled workers across the whole value chain. The EU's heat pump supply is chain is vulnerable in a few areas, including a large dependence on imported compressors and semiconductors. Furthermore, there is a clear risk of financially vulnerable groups being excluded from this transition without targeted financial support. Finally, the EU is currently a leader in the production of several heat pump segments, but competition from American and Asian companies, particularly China, is rapidly increasing. Nevertheless, the EU is well placed to benefit economically from increased focus on heat pumps.

     
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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789268048702
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    Series: JRC science for policy report
    EUR ; 31565
    JRC ; 134045
    Subjects: Wärmepumpe; Strommarkt; Lieferkette; Internationaler Wettbewerb; Dekarbonisierung; EU-Energiepolitik; EU-Staaten; building services; heat pump; reduction of gas emissions; EU energy policy; energy grid; energy market; energy technology; energy poverty; competitiveness; EU Member State; research report
    Scope: 1 Online-Ressource (circa 87 Seiten), Illustrationen
    Notes:

    Literaturverzeichnis: Seite 61-64