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Tourism as an economic factor in NRW

DIW Econ has for the second time comprehensively examined the importance of the tourism industry in North Rhine-Westphalia based on internationally comparable calculation standards in cooperation with the Institute for Management and Tourism (IMT) at the West Coast University of Applied Sciences and dwif-Consulting.

The central results confirm the growing importance of the tourism industry for NRW. Compared to the study published in 2013, tourism consumption in 2017 showed a nominal growth of 11.6 per cent.

The buyer principle when buying and selling residential property – An economic analysis

The introduction of a nationwide buyer principle for the purchase of residential property is currently being discussed (draft law BMJV, 2019). In the future, the clients of the estate agents – mainly the sellers – would pay for the agent’s commission, so that the ancillary acquisition costs for buyers should decrease.

Whether this can be achieved with the buyer principle depends to a large extent on the probability of the sellers passing on the brokerage costs to the purchase prices. This study, commissioned by leading brokerage firms, therefore examines the potential effects of introducing the buyer-principle on a scientific and empirical basis.

Digital infrastructure: glass fibre urgently needed!

Report in Wirtschaftsdienst 97th volume, 2017, issue 3, pp. 157-158

German companies present themselves at CeBIT
as a technology leader on the way to the gigabit society. But when it comes to broadband, Germany is lagging: in terms of download speed, it is ranked 26th in the world, behind most industrialised nations and even behind Bulgaria and Romania. Although DSL availability is excellent, only 7.1% of German households have access to genuine fibre optic connections (FTTH/B: Fibre to the Home/Building).

Market design for efficient transmission of offshore wind energy

A study commissioned by Ørsted Offshore Wind, published as DIW Berlin -Politikberatung kompakt 136.

The expansion of offshore wind energy is a strategic component of Germany’s energy and climate policy. Therefore, according to the targets of the German government, 15,000 MW of offshore wind energy capacity should be available in Germany by 2030. Suppose offshore wind energy is to make a successful contribution to the transformation of energy systems. In that case, it will be necessary not only to build offshore wind farms but also to transport the electricity produced efficiently on land.