KCG Journal Articles

Feindliche Übernahme? Chinas Auslandsinvestitionen unter der Lupe

18th November 2021
KCG Secretary
Authors: Gabriel Felbermayr, Moritz Goldbeck, Alexander-Nikolai Sandkamp (ifo Schnelldienst, 2019, 72 (8): 27–39)

China ist mittlerweile ein wichtiger internationaler Investor. Die ausländischen Direkt- investitionen (ADI) Chinas sind von 2005 bis 2017 von 10 auf ca. 177 Mrd. US-Dollar gestiegen und haben somit stark an Bedeutung gewonnen. Rund 40% der chinesischen ADI wurden im Jahr 2018 in Europa getätigt[...]

Servitization, Inequality, and Wages

18th November 2021
KCG Secretary
Authors: Dominik Boddin, Thilo Kroeger (Labour Economics, forthcoming, 102011)

This paper studies the effect of servitization, i.e., within-establishment changes in the labor force composition towards higher shares of workers with service occupations, on within-establishment wage inequality. We identify servitization as being a main driver of increasing within-establishment wage inequality. Servitization accounts for roughly 7% of the observed increase in the within-establishment wage inequality in manufacturing industries between 1994 and 2017[...]

Can the G20 Serve as a Launchpad for a Multilateral Investment Agreement?

18th November 2021
KCG Secretary
Authors: Axel Berger, Wan-Hsin Liu (The World Economy, 2021, Vol. 44(8), 2284-2302)

The international system for the governance of foreign investments is highly fragmented consisting mainly of bilateral agreements. With the adoption of nine guiding principles for global investment policy-making in 2016, some observers argue that the G20 can actually serve as a launchpad for negotiations of a multilateral investment agreement[...]

Where has the rum gone? The impact of maritime piracy on trade and transport

26th October 2021
KCG Secretary
Authors: Alexander Sandkamp, Vincent Stamer, Shuyao Yang (Review of World Economics, forthcoming)
Despite a general agreement that piracy poses a significant threat to maritime shipping, empirical evidence regarding its economic consequences remains scarce. This paper combines firm-level Chinese customs data and ship position data with information on pirate attacks to investigate how exporting firms and cargo ships respond to maritime piracy[...]

Productivity Effects of Processing and Ordinary Export Market Entry: A Time-varying Treatments Approach

14th April 2021
KCG Secretary
Authors: Sourafel Girma, Holger Görg (Review of International Economics, forthcoming)
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 and statistically significant positive causal effects of entering into export processing and ordinary export markets on subsequent firm level productivity[..]

Different antidumping legislations within the WTO: What can we learn from China’s varying market economy status?

6th April 2021
KCG Secretary
Authors: Alexander Sandkamp, Erdal Yalcin (Review of International Economics, 2021, 29(5): 1121–1147)

This paper examines how varying antidumping methodologies applied within the World Trade Organization differ in the extent to which they reduce targeted exports. We show that antidumping duties, on average, hit Chinese exporters harder than those of other targeted countries[...]

The Ethics of Workplace Health Promotion

10th July 2020
KCG Secretary
Authors: Eva Kuhn, Sebastian Müller, Ludger Heidbrink, and Alena Buyx (Public Health Ethics, 2020, 13(3): 234–246)
Companies increasingly offer their employees the opportunity to participate in voluntary Workplace Health Promotion programmes. Although such programmes have come into focus through national and regional regulation throughout much of the Western world, their ethical implications remain largely unexamined[...]

The Trade Effects of Anti-Dumping Duties: Firm-level Evidence from China

10th July 2020
KCG Secretary
Authors: Gabriel Felbermayr, and Alexander Sandkamp (European Economic Review, Vol. 122, Feb. 2020, 103367)
This paper uses Chinese customs data to investigate the trade effects of anti-dumping (AD) policies. Merging firm-level exports to firm-specific AD duties, we exploit differences across firms within products. This reduces endogeneity concerns which have plagued earlier research[...]

Friends like this: The Impact of the US – China Trade War on Global Value Chains

8th June 2020
KCG Secretary
Authors: Holger Görg and Haiou Mao (The World Economy, 2020, Vol. 43(7), 1776-1791)

This paper considers the indirect impact the recent tariff increases between the US and China can have in third countries through links in global supply chains. We combine data from inputoutput relationships, imports and tariffs, to calculate the impact of the tariff increases by both the US and China on cumulative tariffs for other countries and thus hurt trade partners further downstream in global supply chains[...]