In order to better understand why some nations are more innovative than others, this paper considers the influence of socio-historic dimensions of colonialism and income inequality. Using data from 72 nations over the years 1997–2018, we find that...

This paper tries to explain the drivers of knowledge diffusion across a large sample of nations, focusing on the influence of university–industry collaborations. However, we also consider knowledge-diffusion contributions of creative outputs and...

China’s policy of encouraging export processing has been the topic of much discussion in the academic literature and policy debate. We use a recently developed econometric approach that allows for time varying “treatments” and estimate economically...

We establish a causal role for banking access in the spread of the Industrial Revolution over the period 1817–1881 by exploiting unique employment data from 10,528 parishes across England and Wales and a novel instrument. We estimate that a one...

We analyze the welfare effects of trade and migration, focusing on two-sided horizontal heterogeneity among workers and firms. Horizontal (skill-type) heterogeneity among workers generates monopsonistic labor markets as well as within-firm wage...

We investigate the ability of exports to trigger the adoption of environmental innovation (EI) in firms, shedding light on the determinants of convergence in environmental standards for Europe’s catch-up economies. To analyse this question...

Despite a general agreement that piracy poses a significant threat to maritime shipping, empirical evidence regarding its economic consequences remains

With ever-increasing political tensions between China and Russia on one side and the EU and the US on the other, it only seems a matter of time until protectionist policies cause a decoupling of global value chains. This paper uses a computable...

This chapter identifies major trends that are expected to have big effects on the future of global supply chains, such as digitalisation, decarbonisatio

In a study commissioned by Gesamtmetall, the Kiel Institute for the World Economy examines the effects of the German Due Diligence Act, which was passed by the Bundestag in June 2021. The planned EU directive is also addressed. The law will increase...