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

Whereas various drivers of the international innovative activity have been studied in the literature, our understanding of the contributions of different innovation linkages to innovation deserves more attention. Are the different innovation linkages...

China is very likely to increase its engagement and investments in Russia’s energy sector. The foundations for this have been laid in recent years, analyzes Wan-Hsin Liu, Senior Researcher at the Kiel Institute.

KKB 87: The war in Ukraine is weighing on the global economy at a time when inflation has already risen sharply and the US Federal Reserve has embarked on a tightening cycle

KKB 88: Economic output in the euro area has recently returned to its pre-pandemic level. The surge in infections since early 2022 had only little overall effect on mobility...

KBW 39: As part of their SME Report Thuringia, the authors note that Thuringia's gross domestic product has developed less favorably than GDP in Germany as a whole since 2015, while the unemployment rate in Thuringia has fallen sharply and was below...

This paper exploits time and geographic variation in the adoption of Special Economic Zones in India to assess the direct and spillover effects of the program. We combine geocoded firm-level data and geocoded SEZs using a concentric ring approach,...

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