Andreas Stephan

Professor, pro dean

Department of Forestry and Wood Technology Faculty of Technology

andreas.stephan@lnu.se

+46 470-70 85 69

Andreas Stephan holds a master's degree in industrial engineering and management from Technical University in Berlin and a PhD in Economics from Humboldt University Berlin.

Research

Andreas Stephan's research areas are related to forest industry analytics, ESG and financial markets, and green investment and finance. Several reseach projects analyze how innovation facilitates the green transition of industries. He is an appointed associate editor for the journals Eurasian Economic Review and Business Strategy and the Environment. His working papers and preprints can be found here and recently published articles here.

Commissions

Since May 2023 he is the Prodean of the School of Business and Economics.

My research groups

My ongoing research projects

Project: TallBoard: Tall oil application in industrial fiberboards The aim of this project is to replace the fossil-based paraffin wax with a hydrophobic agent made from tall oil for manufacturing…

Publications

Selected publications

Schäfer, D., Stephan, A., Fuhrmeister, S. (2024). The impact of public procurement on financial barriers to general and green innovation. Small Business Economics. 62. 939-959.
Status: Published
Schäfer, D., Stephan, A., Weser, H. (2023). Crisis stress for the diversity of financial portfolios : evidence from European households. International Review of Economics and Finance. 83. 330-347.
Status: Published
Kärnä, A., Stephan, A. (2022). Do firms in rural regions lack access to credit? : Local variation in small business loans and firm growth. Regional studies. 56 (11). 1919-1933.
Status: Published
Lööf, H., Sahamkhadam, M., Stephan, A. (2022). Is Corporate Social Responsibility investing a free lunch? : The relationship between ESG, tail risk, and upside potential of stocks before and during the COVID-19 crisis. Finance Research Letters. 46 (B).
Status: Published
Baum, K., Lööf, H., Stephan, A., Viklund-Ros, I. (2022). Innovation by start-up firms : The role of the board of directors for knowledge spillovers. Research Policy. 51 (1).
Status: Published
Sahamkhadam, M., Stephan, A., Östermark, R. (2022). Copula-based Black–Litterman portfolio optimization. European Journal of Operational Research. 297 (3). 1055-1070.
Status: Published
Kärnä, A., Manduchi, A., Stephan, A. (2021). Distance still matters : Local bank closures and credit availability. International Review of Finance. 21 (4). 1503-1510.
Status: Published
Löffler, K.U., Petreski, A., Stephan, A. (2021). Drivers of green bond issuance and new evidence on the “greenium”. Eurasian Economic Review. 11. 1-24.
Status: Published
Jensen, F., Lööf, H., Stephan, A. (2020). New ventures in Cleantech : Opportunities, capabilities and innovation outcomes. Business Strategy and the Environment. 9 (3). 902-917.
Status: Published
Holgersson, T., Karlsson, P.S., Stephan, A. (2020). A risk perspective of estimating portfolio weights of the global minimum-variance portfolio. AStA Advances in Statistical Analysis. 104. 59-80.
Status: Published
Ghosal, V., Stephan, A., Weiss, J.F. (2019). Decentralized environmental regulations and plant-level productivity. Business Strategy and the Environment. 28 (6). 998-1011.
Status: Published
Jensen, F., Schäfer, D., Stephan, A. (2019). Financial constraints of firms with environmental innovation. Vierteljahrshefte zur Wirtschaftsforschung. 88 (3). 43-65.
Status: Published
Weiss, J., Stephan, A., Anisimova, T. (2019). Well-designed environmental regulation and firm performance : Swedish evidence on the Porter hypothesis and the effect of regulatory time strategies. Journal of Environmental Planning and Management. 62 (2). 342-363.
Status: Published
Sahamkhadam, M., Stephan, A., Östermark, R. (2018). Portfolio optimization based on GARCH-EVT-Copula forecasting models. International Journal of Forecasting. 34 (3). 497-506.
Status: Published
Baum, C., Lööf, H., Nabavi, P., Stephan, A. (2017). A new approach to estimation of the R&D–innovation–productivity relationship. Economics of Innovation and New Technology. 26 (1-2). 121-133.
Status: Published
Cadot, O., Röller, L., Stephan, A. (2006). Contribution to Productivity or Pork Barrel? : The Two Faces of Infrastructure Investment. Journal of Public Economics. 90 (6-7). 1133-1153.
Status: Published
Fritsch, M., Stephan, A. (2005). Regionalization of Innovation Policy : Introduction to the special issue. Elsevier.

Article in journal (Refereed)

Baum, C.F., Lööf, H., Stephan, A., Zimmermann, K.F. (2024). Estimating the Wage Premia of Refugee Immigrants : Lessons from Sweden. Industrial & labor relations review. 77 (4). 562-597.
Status: Published
Sahamkhadam, M., Stephan, A. (2024). Socially responsible multiobjective optimal portfolios. Journal of the Operational Research Society. 75 (10). 2065-2076.
Status: Published
Mutarindwa, S., Schäfer, D., Stephan, A. (2024). Certification against greenwashing in nascent bond markets : lessons from African ESG bonds. Eurasian Economic Review (EAER). 14. 149-173.
Status: Published
Schäfer, D., Stephan, A., Fuhrmeister, S. (2024). The impact of public procurement on financial barriers to general and green innovation. Small Business Economics. 62. 939-959.
Status: Published
Lööf, H., Sahamkhadam, M., Stephan, A. (2023). Incorporating ESG into Optimal Stock Portfolios for the Global Timber & Forestry Industry. Journal of Forest Economics. 38 (2). 133-157.
Status: Published
Schäfer, D., Stephan, A., Weser, H. (2023). Crisis stress for the diversity of financial portfolios : evidence from European households. International Review of Economics and Finance. 83. 330-347.
Status: Published
Sahamkhadam, M., Stephan, A. (2023). Portfolio optimization based on forecasting models using vine copulas : An empirical assessment for global financial crises. Journal of Forecasting. 42 (8). 2139-2166.
Status: Published
Röös, E., De Groote, A., Stephan, A. (2022). Meat tastes good, legumes are healthy and meat substitutes are still strange : The practice of protein consumption among Swedish consumers. Appetite. 174.
Status: Published
Kärnä, A., Stephan, A. (2022). Do firms in rural regions lack access to credit? : Local variation in small business loans and firm growth. Regional studies. 56 (11). 1919-1933.
Status: Published
Lööf, H., Sahamkhadam, M., Stephan, A. (2022). Is Corporate Social Responsibility investing a free lunch? : The relationship between ESG, tail risk, and upside potential of stocks before and during the COVID-19 crisis. Finance Research Letters. 46 (B).
Status: Published
Baum, K., Lööf, H., Stephan, A., Viklund-Ros, I. (2022). Innovation by start-up firms : The role of the board of directors for knowledge spillovers. Research Policy. 51 (1).
Status: Published
Sahamkhadam, M., Stephan, A., Östermark, R. (2022). Copula-based Black–Litterman portfolio optimization. European Journal of Operational Research. 297 (3). 1055-1070.
Status: Published
Baum, C.F., Lööf, H., Stephan, A., Viklund-Ros, I. (2022). The impact of offshoring on technical change : Evidence from Swedish manufacturing firms. Review of International Economics. 30 (3). 796-818.
Status: Published
Mutarindwa, S., Siraj, I., Stephan, A. (2021). Ownership and bank efficiency in Africa : True fixed effects stochastic frontier analysis. Journal of Financial Stability. 54.
Status: Published
Mutarindwa, S., Schäfer, D., Stephan, A. (2021). Differences in African banking systems : causes and consequences. Journal of Institutional Economics. 17 (4). 561-581.
Status: Published
Kärnä, A., Manduchi, A., Stephan, A. (2021). Distance still matters : Local bank closures and credit availability. International Review of Finance. 21 (4). 1503-1510.
Status: Published
Löffler, K.U., Petreski, A., Stephan, A. (2021). Drivers of green bond issuance and new evidence on the “greenium”. Eurasian Economic Review. 11. 1-24.
Status: Published
Jensen, F., Lööf, H., Stephan, A. (2020). New ventures in Cleantech : Opportunities, capabilities and innovation outcomes. Business Strategy and the Environment. 9 (3). 902-917.
Status: Published
Mutarindwa, S., Schäfer, D., Stephan, A. (2020). Central banks' supervisory guidance on corporate governance and bank stability : Evidence from African countries. Emerging Markets Review. 43.
Status: Published
Holgersson, T., Karlsson, P.S., Stephan, A. (2020). A risk perspective of estimating portfolio weights of the global minimum-variance portfolio. AStA Advances in Statistical Analysis. 104. 59-80.
Status: Published
Mutarindwa, S., Schafer, D., Stephan, A. (2020). The impact of liquidity and capital requirements on lending and stability of African banks. Journal of international financial markets, institutions, and money. 67. 1-20.
Status: Published
Ghosal, V., Stephan, A., Weiss, J.F. (2019). Decentralized environmental regulations and plant-level productivity. Business Strategy and the Environment. 28 (6). 998-1011.
Status: Published
Jensen, F., Schäfer, D., Stephan, A. (2019). Financial constraints of firms with environmental innovation. Vierteljahrshefte zur Wirtschaftsforschung. 88 (3). 43-65.
Status: Published
Weiss, J., Stephan, A., Anisimova, T. (2019). Well-designed environmental regulation and firm performance : Swedish evidence on the Porter hypothesis and the effect of regulatory time strategies. Journal of Environmental Planning and Management. 62 (2). 342-363.
Status: Published
Wulandari, F., Schäfer, D., Stephan, A., Sun, C. (2018). The impact of liquidity risk on the yield spread of green bonds. Finance Research Letters. 27. 53-59.
Status: Published
Sahamkhadam, M., Stephan, A., Östermark, R. (2018). Portfolio optimization based on GARCH-EVT-Copula forecasting models. International Journal of Forecasting. 34 (3). 497-506.
Status: Published
Schäfer, D., Stephan, A., Solórzano Mosquera, J. (2017). Family ownership : Does it matter for funding and success of corporate innovations?. Small Business Economics. 48 (4). 931-951.
Status: Published
Schäfer, D., Stephan, A. (2017). Innovation and investment funding in the post-crisis period : have financing patterns and financial constraints of German firms changed?. Vierteljahrshefte zur Wirtschaftsforschung. 86 (1). 129-142.
Status: Published
Baum, C., Lööf, H., Nabavi, P., Stephan, A. (2017). A new approach to estimation of the R&D–innovation–productivity relationship. Economics of Innovation and New Technology. 26 (1-2). 121-133.
Status: Published
Eickelpasch, A., Hirte, G., Stephan, A. (2016). Firms' evaluation of location quality : Evidence from East Germany. Jahrbücher für Nationalökonomie und Statistik. 236 (2). 241-273.
Status: Published
Baum, C., Schäfer, D., Stephan, A. (2016). Credit rating agency downgrades and the Eurozone sovereign debt crises. Journal of Financial Stability. 24. 117-131.
Status: Published
Gustafsson, A., Stephan, A., Hallman, A., Karlsson, N. (2016). The “sugar rush” from innovation subsidies : a robust political economy perspective. Empirica. 43 (4). 729-756.
Status: Published
Kemmerling, A., Stephan, A. (2015). Comparative political economy of regional transport infrastructure investment in Europe. Journal of comparative economics (Print). 43 (1). 227-239.
Status: Published
Kokert, M., Schäfer, D., Stephan, A. (2014). Low Base Interest Rates : An Opportunity in the Euro Debt Crisis. DIW Economic Bulletin. 4 (5). 3-13.
Status: Published
Stephan, A. (2014). Are public research spin-offs more innovative?. Small Business Economics. 43 (2). 353-368.
Status: Published
Kappeler, A., Solé-Ollé, A., Stephan, A., Välilä, T. (2013). Does fiscal decentralization foster regional investment in productive infrastructure?. European Journal of Political Economy. 31. 15-25.
Status: Published
Barasinska, N., Schäfer, D., Stephan, A. (2012). Individual risk attitudes and the composition of financial portfolios : Evidence from German household portfolios. Quarterly Review of Economics and Finance. 52 (1). 1-14.
Status: Published
Gammelgard, J., Mcdonald, F., Stephan, A., Tüselmann, H., Dörrenbächer, C. (2012). Characteristics of Low-Autonomy Foreign Subsidiaries : Value Chains, Staffing, and Intra-Organizational Relationships. Journal of International Business and Economics. 13 (1). 65-95.
Status: Published
Stephan, A., Tsapin, A., Talavera, O. (2012). Main Bank Power, Switching Costs, and Firm Performance : Theory and Evidence from Ukraine. Emerging markets finance & trade. 48 (2). 76-93.
Status: Published
Gantumur, T., Stephan, A. (2012). Mergers & acquisitions and innovation performance in the telecommunications equipment industry. Industrial and Corporate Change. 21 (2). 277-314.
Status: Published
Solé-Ollé, A., Stephan, A., Valilä, T. (2012). Productivity and Financing of Regional Transport Infrastructure. Papers in regional science (Print). 91 (3). 481-485.
Status: Published
Gammelgaard, J., Mcdonald, F., Stephan, A., Tüselmann, H., Dörrenbächer, C. (2012). The impact of increases in subsidiary autonomy and network relationships on performance. International Business Review. 21 (6). 1158-1172.
Status: Published
Stephan, A., Talavera, O., Tsapin, A. (2011). Corporate Debt Maturity Choice in Emerging Financial Markets. Quarterly Review of Economics and Finance. 51 (2). 141-151.
Status: Published
Stephan, A. (2011). Locational conditions and firm performance : introduction to the special issue. The annals of regional science. 46 (3). 487-494.
Status: Published
Stephan, A. (2011). Locational conditions and firm performance : introduction to the special issue. The annals of regional science. 46 (3). 487-494.
Status: Published
Stephan, A. (2011). Locational conditions and firm performance : introduction to the special issue. The annals of regional science. 46 (3). 487-494.
Status: Published
Lejpras, A., Eickelpasch, A., Stephan, A. (2011). Locational and Internal Sources of Firm Competitive Advantage : Applying Porter’s Diamond Model at the Firm Level. Journal of Strategic Management Education. 7 (2). 1-25.
Status: Published
Lejpras, A., Stephan, A. (2011). Locational Conditions, Cooperation, and Innovativeness : Evidence from Research and Company Spin-Offs. The annals of regional science. 46 (3). 543-575.
Status: Published
Finger, R., Stephan, A. (2010). Nichtparametrische 2-Stichproben Dispersionstests. Wirtschaftswissenschaftliches Studium. 39 (5). 254-256.
Status: Published
Stephan, A., Weiss, J. (2010). Regionale Innovationspolitik : Konzentration auf Hightech kann in die Irre führen. Wochenbericht des DIW Berlin. 77 (29). 8-11.
Status: Published
Barasinska, N., Schäfer, D., Stephan, A. (2009). Private Households Display Strong Aversion to Investment Risk. DIW Berlin Weekly Report. 5 (2). 13-18.
Status: Published
Gammelgaard, J., Mcdonald, F., Tüselmann, H., Dörrenbächer, C., Stephan, A. (2009). Subsidiary Role and Skilled Labour Effects in Small Developed Countries. Management International Review. 49. 27-42.
Status: Published
Baum, C.F., Stephan, A., Talavera, O. (2009). The Effects of Uncertainty on the Leverage of Non-Financial Firms. Economic Inquiry. 47 (2). 216-225.
Status: Published
Badunenko, O., Fritsch, M., Stephan, A. (2008). Allocative Efficiency Measurement Revisited : Do We Really Need Input Prices?. Economic Modelling. 25 (5). 1093-1109.
Status: Published
Barasinska, N., Schäfer, D., Stephan, A. (2008). Hohe Risikoaversion privater Haushalte bei Geldanlagen. Wochenbericht. 75 (45). 704-710.
Status: Published
Stephan, A., Tsapin, A. (2008). Persistence and Determinants of Firm Profit in Emerging Markets. Applied Economics Quarterly. 54 (4). 231-253.
Status: Published
Finger, R., Stephan, A. (2008). AusreißerRobuste Methoden in der linearen Regressionsanalyse. Wirtschaftswissenschaftliches Studium (WiSt). 37 (10). 555-557.
Status: Published
Baum, C.F., Caglayan, M., Stephan, A., Talavera, O. (2008). Uncertainty Determinants of Corporate Liquidity. Economic Modelling. 25 (5). 833-849.
Status: Published
Geppert, K., Stephan, A. (2008). Regional Disparities in the European Union : Convergence and Agglomeration. Papers in regional science (Print). 87 (2). 193-217.
Status: Published
Fritsch, M., Stephan, A. (2007). Die Heterogenität der Effizienz innerhalb von Branchen : eine Auswertung von Unternehmensdaten der Kostenstrukturerhebung im Verarbeitenden Gewerbe. Vierteljahrshefte zur Wirtschaftsforschung. 76 (3). 59-75.
Status: Published
Bitzer, J., Stephan, A. (2007). A Schumpeter-inspired Approach to the Construction of R&D Capital Stocks. Applied Economics. 39 (2). 179-189.
Status: Published
Höhne, M., Kampe, C., Lejpras, A., Stephan, A. (2007). Beschäftigungsprognosen auf Basis amtlicher Firmendaten als Instrument einer handlungsorientierten Politikberatung am Beispiel Brandenburg. Quarterly Journal of Economic Research. 76 (3). 88-112.
Status: Published
Husmann, S., Stephan, A. (2007). On Estimating an Asset's Implicit Beta. Journal of futures markets. 27 (10). 961-979.
Status: Published
Stephan, A. (2007). Zur Politischen Ökonomie öffentlicher Infrastrukturausgaben. Perspektiven der Wirtschaftspolitik. 8 (suppl.). 116-132.
Status: Published
Stephan, A. (2007). Der Nutzen von Firmendaten für die wirtschaftspolitische Beratung. Quarterly Journal of Economic Research (Vierteljahrshefte zur Wirtschaftsforschung). 76 (3). 5-7.
Status: Published
Brueck, T., Stephan, A. (2006). Do Eurozone Countries Cheat with their Budget Deficit Forecasts?. Kyklos (Basel). 59 (1). 3-15.
Status: Published
Pohlmann, T., Stephan, A., Vecchi, M. (2006). Forschung und Entwicklung in den Wirtschaftssektoren Großbritanniens und Deutschlands. DIW Wochenbericht. 79 (9). 109-113.
Status: Published
Fritsch, M., Stephan, A. (2006). Measuring Performance Heterogeneity Within Groups : A Two-Dimensional Approach. Applied Economics Letters. 13 (1). 17-20.
Status: Published
Cadot, O., Röller, L., Stephan, A. (2006). Contribution to Productivity or Pork Barrel? : The Two Faces of Infrastructure Investment. Journal of Public Economics. 90 (6-7). 1133-1153.
Status: Published
Görzig, B., Kaminiarz, A., Stephan, A. (2005). Wie wirkt sich Outsourcing auf den Unternehmenserfolg aus? : Neue Evidenz. Schmollers Jahrbuch (Journal of Applied Social Science Studies). 125 (4). 489-507.
Status: Published
Fritsch, M., Stephan, A., Werwatz, A. (2005). Regional Innovation Policy. European Planning Studies. 13 (4). 495-496.
Status: Published
Görzig, B., Fritsch, M., Hennchen, O., Stephan, A. (2004). Cost Structure Surveys for Germany. Schmollers Jahrbuch/ Journal of Applied Social Science Studies. 124 (4). 557-566.
Status: Published
Soete, B., Stephan, A. (2004). Introduction : Entrepreneurship, Innovation and Growth. Industry and Innovation. 11 (3). 161-165.
Status: Published
Fritsch, M., Stephan, A., Werwatz, A. (2004). Regionalisierte Innovationspolitik sinnvoll. DIW Wochenbericht. 71 (27). 383-386.
Status: Published
Geppert, K., Gornig, M., Stephan, A. (2004). Regional Productivity Differences : Theoretical Predictions and Empirical Evidence from Western Europe. Scienze Regionali : Italian Journal of Regional Science. (1). 41-64.
Status: Published
Stephan, A. (2003). Assessing the Contribution of Public Capital to Private Production : Evidence from the German Manufacturing Sector. International review of applied economics. 17 (4). 399-418.
Status: Published
Soete, B., Stephan, A. (2003). Nachhaltiges Wachstum durch Innovationen : Die Rolle von kleineren und mittleren Unternehmen. DIW Wochenbericht. 70 (38). 569-573.
Status: Published
Kemmerling, A., Stephan, A. (2002). The Contribution of Local Public Infrastructure to Private Productivity and its Political Economy : Evidence from a Panel of Large German Cities. Public Choice. 113 (3-4). 403-424.
Status: Published
Stephan, A. (2001). The Contribution of Transport and Human Capital Infrastructure to Local Private Production : A Partial Adjustment Approach. Review of Regional Research (Jahrbuch für Regionalwissenschaft). 21 (1). 91-108.
Status: Published
Stephan, A. (2000). Regional Infrastructure Policy and its Impact on Productivity : A Comparison of Germany and France. Applied Economics Quarterly. 46. 327-356.
Status: Published
Stephan, A. (1998). Infrastruktur und Wachstum. WZB Mitteilungen. 79. 28-31.
Status: Published

Collection (editor) (Refereed)

Fritsch, M., Stephan, A. (2005). Regionalization of Innovation Policy : Introduction to the special issue. Elsevier.

Article in journal (Other academic)

D’orazio, P., Schäfer, D., Stephan, A. (2024). Macro-financial policy at the crossroad : addressing climate change, biodiversity loss, and environmental degradation - introduction to the special issue. Eurasian Economic Review. 14 (1). 1-11.
Status: Published
Frank, B., Kemfert, C., Stephan, A. (2004). Die Bedeutung der Juniorprofessur für den Wissenschaftsstandort Deutschland. DIW Wochenbericht. 71 (39). 567-574.
Status: Published

Conference paper (Other academic)

Holgersson, T., Karlsson, P.S., Stephan, A. (2016). A risk perspective of estimating portfolio weights of the Global Minimum Variance portfolio. Presented at Statistischen Woche 2016, Augsburg, Germany, September 13-16, 2016.
Kemmerling, A., Stephan, A. (2008). The Determinants and Productivity of Regional Transport Investment in Europe. Jahrestagung 2008 des Vereins für Socialpolitik Gesellschaft für Wirtschafts- und Sozialwissenschaften, Graz, Österreich 23-26 September 2008.
Stephan, A., Zhang, Z. (2004). Cost Structure, Market Structure And Outsourcing. Royal Economic Society Annual Conference 2004.

Chapter in book (Other academic)

Stephan, A. (2015). Financial crises and industrial development : The new Swedish model. A strong Europe - But only with a strong manufacturing sector : Policy concepts and instruments in ten EU member states. Duesseldorf, Schüren Verlag. 276-295.
Mitze, T., Stephan, A. (2015). Simultaneous-equations analysis in regional science and economic geography. Handbook of research methods and applications in economic geography. Cheltenham, Edward Elgar Publishing. 158-171.
Kemmerling, A., Stephan, A. (2010). The determinants of regional transport investment across Europe. The Political Economy of Inter-Regional Fiscal Flows : Measurement, Determinants and Effects on Country Stability. Cheltenham, UK, Edward Elgar Publishing. 276-296.
Fritsch, M., Stephan, A. (2003). Die Heterogenität der technischen Effizienzen innerhalb von Wirtschaftszweigen : Auswertung auf Grundlage der Kostenstrukturerhebung des Statistischen Bundesamts. Analysen zur regionalen Industrieentwicklung : Sonderauswertung einzelbetrieblicher Daten der amtlichen Statistik. Berlin, FHTW.

Report (Other academic)

Baum, C.F., Lööf, H., Stephan, A., Zimmermann, K.F. (2024). Estimating the wage premia of refugee immigrants : Lessons from Sweden. Institutionen för nationalekonomi och statistik, Linnéuniversitetet. 26.
Lööf, H., Stephan, A. (2019). The Impact of ESG on Stocks’ Downside Risk and Risk Adjusted Return. Östersund, Myndigheten för tillväxtpolitiska utvärderingar och analyser. 26.
Wulandari, F., Schäfer, D., Stephan, A., Sun, C. (2018). Liquidity risk and yield spreads of green bonds. Berlin, DIW Berlin, German Institute for Economic Research. 22.
Reifner, U., Neuberger, D., Clerc-Renaud, S., Zakaria, I., Schwizer, P., et al. (2016). Study on the remuneration provisions applicable to credit institutions and investment firms : Final Report. Hamburg, Institut für Finanzdienstleistungen.
Lejpras, A., Stephan, A., Bartkowiak, I., Kampe, C., Höhne, M., et al. (2010). Innovationspotenzialanalyse : Stadt Luckenwalde. Berlin, DIW Berlin. 137.
Vecchi, M., Stephan, A., Barrel, R., Becker, B., Schmidt-Ehmcke, J. (2007). The Determinants of Investment in Industrial Research and Development in the United Kingdom and in Germany. Berlin, Anglo-German Foundation. 44.
Stäglin, R., Pfeiffer, I., Stephan, A. (2006). Die Bedeutung der Belastung der Wirtschaft durch amtliche Statistiken. Berlin, DIW. 171.
Rammer, C., Stephan, A., Penzkofer, H., Grenzmann, C. (2004). FuE- und Innovationsverhalten von KMU und Grossunternehmen unter dem Einfluss der Konjunktur. Berlin, BMBF. 126.
Görzig, B., Stephan, A. (2002). Outsourcing and Firm-level Performance. Berlin, DIW. 23.

Collection (editor) (Other academic)

Solé-Ollé, A., Stephan, A., Valilä, T. (2012). Productivity and Financing of Regional Transport Infrastructure. Wiley-Blackwell.
Stephan, A. (2011). Volume 46, issue 3, June 2011 : Locational conditions and firm performance. Berlin, Springer.
Soete, B., Stephan, A. (2004). Industry and Innovation Vol. 11 Issue 3 : Entrepreneurship, Innovation and Growth. Carfax Publishing.

Article in journal (Other (popular science, discussion, etc.))

Finnveden, G., Heshmati, A., Lööf, H., Stephan, A. (2022). Gruva i Kallak ingen hjälp för klimatet. Svenska Dagbladet.
Status: Published
Baum, C.F., Lööf, H., Stephan, A., Zimmermann, K.F. (2020). "Löneskillnader finns - men inte inom låglönesektorn". Dagens Nyheter.
Status: Published
Carlsson, G., Röös, E., Stephan, A., Tidåker, P., Witthöft, C.M. (2018). ”Ät hälften så mycket kött och mer ärtor och bönor”. Dagens Nyheter.
Status: Published
Feiz, R., Broström, A., Heshmati, A., Hultman, M., Johansson, N., et al. (2016). Avfall kan omvandlas till en ny resurs. Svenska Dagbladet.
Status: Published
Feiz, R., Broström, A., Heshmati, A., Hultman, M., Johansson, N., et al. (2016). Ojnareskogen en möjlighet för industrin. Svenska Dagbladet.
Status: Published
Eliasson, G., Finnveden, G., Heshmati, A., Hultkrantz, L., Lööf, H., et al. (2015). Ojnare kan bli ett svenskt exempel i FN. Dagens Opinion.
Status: Published
Heilemann, F., Stephan, A., Badunenko, O. (2009). Anreizregulierung mittels stochastischer Frontier Analyse : Potenzial fuer Fehleinschätzungen in Milliardenhöhe. Energiewirtschaftliche Tagesfragen. (1/2). 66-71.
Status: Published

Other (Other (popular science, discussion, etc.))

Kappeler, A., Solé Ollé, A., Stephan, A., Valilä, T. (2012). Fiskal-Föderalismus und regionale Infrastrukturinvestitionen.