Görg on G20: “The Fine Words Must Now Finally be Followed by Action.”

21st November 2022
KCG Secretary
Public Contributions
Public Contributions
In 2008 the G20 Summit was held for the first time in response to the worldwide financial and economic crisis. Since then the G20 Summit was held annually. The latest G20 Summit took place in Bali, Indonesia on Nov. 15-16, 2022. The G20 shall serve as a crucial forum for fostering global economic cooperation. The multidimensional crises and rising protectionism, and geopolitical tensions particularly in the recent past have posed a serious challenge to the G20, its functionality and its relevance for global governance[...]

Lars Hecker Joins KCG as a Research Fellow

4th October 2022
KCG Secretary
News
News
On September 15th, Lars Hecker joined the KCG as a Research Fellow. He is also a doctoral researcher in the Research Centre “Innovation and International Competition” at the Kiel Institute for the World Economy. He will be involved in projects in the "Kiel Institute Africa Initiative" and will work on studies related to the growth of African companies in terms of their foreign trade performance and use of technology[...]

Görg Emphasised “German Companies Must Continue to Innovate” in a new GTAI Export Analysis

15th September 2022
KCG Secretary
Public Contributions
Public Contributions
„Banner_Toolbox_Wettbewerbsanalyse_RZ_300x250px.jpg“ Copyright: GTAI
Against the background of a continuously rising global market competition, Germany Trade & Invest (GTAI) published its new export analysis on September 9, 2022 to provide an up-to-date overview of German exporters’ competitiveness in an international comparison. The report focuses on Germany’s four leading sectors, incl. mechanical engineering, automotive, chemicals and the electronics/digital industry. It aims at analyzing[...]

Who wins and who loses from state subsidies?

6th September 2022
KCG Secretary
Authors: Jun Du, Sourafel Girma, Holger Görg, Ignat Stepanok (Canadian Journal of Economics, 2023, 56(3): 1007-1031)

China is perceived to rely on subsidizing firms in targeted industries to improve their performance and stay competitive. We implement an approach that allows for the joint estimation of direct and indirect effects of subsidies on subsidized and non-subsidized firms. We find that firms that receive subsidies experience a boost for productivity[...]

Multinational enterprises and the welfare state

6th September 2022
KCG Secretary
Authors: Nigel Driffield, Holger Görg, Yama Temouric and Xiaocan Yuan (Transnational Corporations, 2022, 29(2): 1–24 )

This paper presents an empirical analysis on the extent to which a country’s welfare spending influences foreign direct investment (FDI) decisions, particularly as they relate to relocations. We argue, and subsequently empirically test, that higher welfare spending by governments attracts foreign investment[...]

A New Kiel Study on Trade and Welfare Impacts of Decoupling Gives Lessons for the Current Conflict between Russia and the West

14th March 2022
KCG Secretary
News
News
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. How would such a decoupling affect trade and welfare of countries and regions directly involved and the rest of the world is examined in a new study from Prof. Dr. Gabriel Felbermayr (Austrian Institute of Economic Research and KCG), Hendrik Mahlkow (Kiel Institute for the World Economy) and Prof. Dr. Alexander Sandkamp (Kiel Institute, Kiel University and KCG)[...]

Where has the rum gone? The Impact of Maritime Piracy on Trade and Transport

8th March 2022
KCG Secretary
Authors: Alexander Sandkamp, Vincent Stamer, Shuyao Yang (Review of World Economics, 2022, 158: 751–778)

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.

Economic and Environmental Benefits from International Co-ordination on Carbon Pricing: A Review of Economic Modelling Studies

8th March 2022
KCG Secretary
Authors: Sneha Thube, Sonja Peterson, Daniel Nachtigall, Jane Ellis (Environmental Research Letters, 2012, 16(11): 113002)

This paper reviews quantitative estimates of the economic and environmental benefits from different forms of international co-ordination on carbon pricing based on economic modelling studies. Forms of international co-ordination include: harmonising carbon prices (e.g. through linking carbon markets), extending the coverage of pricing schemes, phasing out fossil fuel subsidies, developing international sectoral agreements, and establishing co-ordination mechanisms to mitigate carbon leakage[...]

Integrating Carbon Dioxide Removal into European Emissions Trading

8th March 2022
KCG Secretary
Authors: Wilfried Rickels, Alexander Proelß, Oliver Geden, Julian Burhenne, Mathias Fridahl (Frontiers in Climate, 2021, 3: 690023)

In one of the central scenarios for meeting an European Union-wide net zero greenhouse gas (GHG) emissions target by 2050, the emissions cap in the European Union Emissions Trading System (EU ETS) becomes net negative. Despite this ambition, no mechanism allows for the inclusion of CO2 removal credits (CRCs) in the EU ETS to date[...]