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[...]

European Parliament Study on EU-China Trade and Investment Relations by BRUEGEL and IfW Available Online

2nd July 2020
KCG Secretary
Publications
Publications
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On July 1 Germany took over the Presidency of the Council of the European Union for the next six months. Under the overarching objective “Together for Europe’s Recovery”, Germany aims at working with all EU Member States to jointly overcome the challenges of the COVID-19 pandemic, to support Europe’s economic recovery, to encourage innovation, social cohesion, solidarity and sustainability in Europe, to strengthen the European community of law and values as well as to further strengthen Europe’s role in dealing with global affairs (German Federal Ministry of Foreign Affairs, 2020)[...]

First UNIDO Webinar on the Future of Global Production Networks on June 30, 2020

24th June 2020
KCG Secretary
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News
Focusing on the challenges brought by the COVID-19 outbreak to the manufacturing sector, the United Nations Industrial Development Organization (UNIDO) will organise a new webinar series “Future of Industrialization in a Post-Pandemic World” in cooperation with the Kiel Institute for the World Economy (IfW) and the Kiel Centre for Globalization (KCG). The UNIDO Webinar Series will gather together international leading experts on the topic of industrialization from academia, business, politics, international organizations and NGOs to address the unprecedented industrial challenges in a post-pandemic world and to share their related research insights and knowledge from the practice with the interested participants[...]

Trade Recovery Requires Firm-specific Initiatives, Trade Policies and Global Collaboration

9th June 2020
KCG Secretary
Publications
Publications
The COVID-19 pandemic has hit the global value chains (GVCs) substantially as it struck at their core regions, including China, Europe and the United States (Seric et al., 2020). According to a recent estimate of the World Trade Organisation (WTO) the merchandise trade volume worldwide would fall by between 13% to 32% in 2020. It is highly likely that the COVID-19 determined decline in world trade will be more substantial than the historical trade fall brought by the global financial crisis more than ten years ago[...]

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[...]

KCG Policy Paper No. 5: Lagging behind? German Foreign Direct Investment in Africa

3rd June 2020
KCG Secretary
Publications
Publications
Authors: Julian Glitsch, Olivier Godart, Holger Görg, Saskia Mösle, and Frauke Steglich

German Foreign Direct Investment (FDI) in Africa is lagging behind China, France, the Netherlands, the UK, the US, and other economies. It represented only 1 percent of the German total FDI stock abroad in 2018 and is concentrated in few African countries[…]

A New KCG Research Project on the Impact of Special Economic Zones on Inequality

11th May 2020
KCG Secretary
News
News
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Inward foreign direct investment (FDI) is generally considered to be advantageous for supporting economic development in the emerging economies. Foreign investors do not only bring financial resources, know-how and technologies that are (relatively) limited on site into the FDI destination countries but also help local firms to gain better access to and benefit from the global production networks[...]