This paper examines how trade liberalization affects the innovation incentives of firms, and what this implies for industry productivity. For this purpose we develop a reciprocal dumping model of international trade with heterogeneous firms and...

Baseline assumptions play a crucial role in conducting consistent quantitative policy assessments for dynamic Computable General Equilibrium (CGE) model

This paper evaluates firms’ exporting responses to BRI and considers their heterogeneity in ownership types, product types, regional origin and trade mode. This is done by analyzing firm-product-destination level customs data from 2008 to 2016. Our...

We investigate the impact of errors in medium run tax revenue forecasts on the final budget balance. Our analysis is based on fiscal data for the entire

While the geopolitical rivalry between the European Union (EU) and Russia over their common neighborhood has increasingly attracted academic and public

The purpose of our paper is to contribute to the literature on autocracy promotion by analyzing Central Asia as the most-likely case, considering both Russia and China as relevant external actors. We develop a concept for our analysis based on the...

Secure and well-managed migration and mobility figure prominently in the European Union’s (EU) relations with its Eastern neighbors. In the framework of the European Neighborhood Policy (ENP) and the Eastern Partnership (EaP), the EU relies...

Recent research on gains for Russia from WTO membership concludes that service trade liberalization through allowing foreign suppliers to invest in Russian service industries promises large gains. By comparing OECD estimates on effective rates of...

The paper reviews the recent conduct of monetary policy and the central bank's rule-based behavior in Russia. Using different policy rules, we test whether the Bank of Russia reacts to changes in inflation, the output gap and the exchange rate in a...

In environmental valuation, the issue of the temporal stability of stated preferences to changes in environmental (dis)amenities is important because th