KCG Journal Articles

Quantifying the EU-Japan Economic Partnership Agreement

12th November 2019
KCG Secretary
Authors: Gabriel Felbermayr, Fukunari Kimura, Toshihiro Okubo and Marina Steininger (Journal of the Japanese and International Economies, 2019, Vol. 51, 110-128.)

This paper provides a quantitative analysis of the new EU-Japan Economic Partnership Agreement (EPA), the biggest bilateral deal that both the EU and Japan have concluded so far. It employs a generalized variant of the Eaton-Kortum[…]

Zur Rückkehr der Machtpolitik in Handelsfragen: Theoretische Überlegungen und politische Empfehlungen

12th November 2019
KCG Secretary
Authors: Gabriel Felbermayr (Perspektiven der Wirtschaftspolitik, 2019, Vol. 19(3), 232-244)

Opportunistische Regierungen haben vielfache Anreize, unilateral vom Freihandel abzuweichen, zum Beispiel um ihre Terms of trade zu verbessern. Doch was individuell rational sein mag, führt kollektiv in eine Situation, in der alle Länder schlechter gestellt sind[…]

Exploring Public Perception of Environmental Technology over Time

12th November 2019
KCG Secretary
Authors: Carola Braun, Christine Merk, Katrin Rehdanz and Ulrich Schmidt (Journal of Environmental Planning and Management, 2018, Vol. 61(1), 143-160)

Public opinion has a substantial impact on political actions. However, public opinion might be driven by temporary emotions. If these emotions cool off over time, public opinion might change as well. This paper analyses how emotions drive public opinion over time for the case of an environmental climate engineering technology[…]

Public perception of climate engineering and carbon capture and storage in Germany: survey evidence

12th November 2019
KCG Secretary
Authors: Carola Braun, Christine Merk, Gert Pönitzsch, Katrin Rehdanz and Ulrich Schmidt (Climate Policy, 2018, Vol. 18(4), 471-484)

Climate engineering (CE) and carbon capture and storage are controversial options for addressing climate change. This study compares public perception in Germany of three specific measures: solar radiation management (SRM) via stratospheric sulphate injection[…]

What Do We Really Know About the Transatlantic Current Account?

12th November 2019
KCG Secretary
Authors: Martin Braml and Gabriel Felbermayr (CESifo Economic Studies, Vol. 65(3), 255-274)

Do the U.S. have a current account surplus or a deficit with the EU? Since 2009, official sources disagree: The U.S. Department of Commerce claims a consistent U.S. surplus while Eurostat reports the opposite. International transactions are notoriously difficult to measure accurately[…]

Trade Liberalization and Labor Market Adjustments: Does Rent Sharing Matter?

16th July 2019
KCG Secretary
Authors: Pham Dinh Long, Pham Thi Bich Ngoc and Holger Görg (Forthcoming, Emerging Markets Finance and Trade)

Using a firm level data set, this paper investigates the impact of trade liberalization on employment and wages in Vietnamese manufacturing during 2003 - 2008. Different from the previous researches, we consider indirect effects of trade liberalization via real output for the employment[…]

Counter-arguing as Barriers to Environmentally Motivated Consumption Reduction: A Multi-country Study

12th July 2019
KCG Secretary
Authors: Wassili Lasarov, Robert Mai, Nieves Garcia de Frutos, José Manuel Ortega Egea and Stefan Hoffmann (International Journal of Research and Marketing, 2019, Vol. 36 (2), 281-305)

This research extends previous literature on environmentally motivated consumption reduction (EMCR) with a cross-cultural investigation across 28 European countries. The paper elucidates how European consumers' knowledge and perceived seriousness of climate change inhibit the activation of counter-arguments, with implications for EMCR. More[…]

Hungry Bellies Have No Ears. How and Why Hunger Inhibits Sustainable Consumption

12th July 2019
KCG Secretary
Authors: Stefan Hoffmann, Robert Mai, Wassili Lasarov, Jan Krause and Ulrich Schmidt (Ecological Economics, Vol. 160, 96-104)

While reports state that consumers are increasingly willing to consume more sustainably, no study has considered how the activation of very basic human needs, such as the state of hunger, affects sustainable food consumption. The authors expect that hungry consumers display a lower preference for sustainable food items and that this hunger-induced[…]