KCG Working Paper No. 9: Markups of Exporters and Importers: Evidence from Hungary

8th March 2018
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Authors: Cecilia Hornok and Balázs Muraközy

This paper studies the relationship between firm-level markups and trade status using balance sheet information linked to detailed trade data from Hungary between 1995-2003. We find that importing is strongly positively correlated with markups both across and within firms. We argue that this correlation can reflect three channels: self-selection, higher physical productivity resulting from access to a larger variety of inputs and quality upgrading based on high-quality imported intermediate inputs[…]

KCG Seminar by Joschka Wanner on International Trade, Climate Policy, and Carbon Leakage

6th March 2018
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The next KCG Research Seminar will be given by Joschka Wanner, Research Fellow at the University of Bayreuth, on March 12, 2018 (Monday) at the Kiel Institute for the World Economy. His presentation is based on one of his current papers “International Trade, Uni- and Multilateral Climate Policy, and Carbon Leakage”. This paper aims at investigating the international effects of different climate policies on trade, welfare and carbon emissions. A gravity model is developed for this purpose and is used as base for an empirical analysis. This paper deals with a topic related to the KCG project “Global Supply Chains, Environmental Regulation and Green Innovation[…]

KCG Research Seminar by Aoife Hanley on Global Value Chains and the Relevance of Honesty in a Post Block-Chain World

1st March 2018
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The fourth KCG Research Seminar will take place in the Lecture Hall at the Kiel Institute for the World Economy on March 6, 2018 (Tuesday). Prof. Aoife Hanley, Ph.D., Co-head of the KCG Project “Global Supply Chains, Environmental Regulation and Green Innovation” will give a presentation based on her research paper “Global Value Chains: Should Honesty (not Hypocrisy) Pay in a Post Block-Chain World?”, co-authored with Prof. Holger Görg, Ph.D. (CAU Kiel, IfW and KCG) and Dr. Adnan Seric (KCG and UNIDO)[…]

Markups of Exporters and Importers: Evidence from Hungary

1st March 2018
KCG Secretary
Authors: Cecília Hornok and Balázs Muraközy (The Scandinavian Journal of Economics, 2019, Vol. 121(3), 1303-1333)

This paper studies the relationship between different proxies of firm-level markups and trade status using balance sheet information linked to detailed trade data from Hungary between 1995-2003. We find that importing is strongly positively correlated with markup measures both across and within firms. We argue that this correlation can reflect three channels: self-selection, higher physical productivity resulting from access to a larger variety of inputs, and quality upgrading based on high-quality imported intermediate inputs[…]

Tweets Analysed by Julian Hinz to Quantify Language Effect on Trade

26th February 2018
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Dr. Julian Hinz, KCG PostDoc Researcher, gave a presentation “Now We’re Talking: Quantifying the Effect of Languages on Trade with 2 billion Tweets” at the Kiel Institute for the World Economy at the beginning of February, 2018. The presentation was based on an ongoing study carried out by himself and his co-author Dr. Elsa Leromain from the London School of Economics and Political Science (LSE)[…]

Holger Görg Joined the KAS-BKU Expert Conference “Grenzen des Handel(n)s (Limits to Trade/Action)” as a Panelist in January

15th February 2018
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Prof. Holger Görg, Ph.D., Managing Director of the Kiel Centre for Globalization was invited to be a panelist at the 11th KAS-BKU Expert Conference of Development and Economics on January 26-27, 2018 in Bonn. The overarching topic of the Expert Conference this year was “Grenzen des Handel(n)s (Limits to Trade/Action)”. The Conference started with opening remarks by Prof. Dr. Dr. Ulrich Hemel (Chairman of BKU) and Dr. Peter Fischer-Bollin (Deputy Head of the Dept. “European and International Cooperation” at KAS), followed by speeches and three panel sessions[…]

Leibniz President Matthias Kleiner visited Kiel Centre for Globalization

1st February 2018
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Prof. Dr. Matthias Kleiner, President of the Leibniz Association, visited Leibniz ScienceCampi in Kiel on Jan. 31, 2018. His visit started with two morning meetings with Prof. Dr. Sonja Peterson, Scientific Director of the Kiel Institute for the World Economy, and most of the research members of the Kiel Centre for Globalization led by Prof. Holger Görg, Ph.D., KCG Managing Director. Prof. Kleiner was accompanied by Dr. Bettina Böhm (Secretary-General), Dr. Kristina Hahn (Advisor) and Dr. Felix Kießling (Advisor) for visiting KCG […]

Environmental Regulation and Sustainable Competitiveness: Evaluating the Role of Firm-Level Green Investments in the Context of the Porter Hypothesis

30th January 2018
KCG Secretary
Authors: Jana Stoever and John P. Weche (Environmental and Resource Economics, 2018, Vol. 70(2), 429-455)

We investigate the impact of environmental regulation on firm performance and investment behavior. Exploiting the case of a German water withdrawal regulation that is managed on the state level, we analyze firms’ reactions to an increase in the water tax using a regression-adjusted difference-in-differences approach. We analyze the individual firm’s response to a change in environmental regulation, distinguishing between add-on and integrated environmental investments […]