KCG Working Papers

KCG Working Paper No. 21: Does the Belt and Road Initiative Stimulate Chinese Exports? The Role of State-Owned Enterprises

16th January 2020
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Authors: Holger Görg and Haiou Mao


This paper evaluates firms’ exporting responses to BRI and considers their heterogeneity in ownership types, product types, regional origin and trade mode. This is done by analyzing firm-product-destination level customs data from 2011 to 2015 in a gravity model framework

KCG Working Paper No.16: Foreign Direct Investment & Petty Corruption in Sub-Saharan Africa: An Empirical Analysis at the Local Level

11th July 2019
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Authors: Julian Donaubauer, Peter Kannen and Frauke Steglich

Inspired by a recent and ongoing debate about whether foreign direct investment (FDI) represents a blessing for or an impediment to economic, social, and political development in FDI host countries this paper addresses two issues[…]

KCG Working Paper No.12: International Trade and Retail Market Performance and Structure: Theory and Empirical Evidence

14th June 2018
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Authors: Philipp Meinen and Horst Raff

Based on a theoretical model featuring heterogeneous retailers that may source globally and operate as chains, we derive a number of hypotheses that link trade integration to retail firm performance and to the structure of retail markets. We empirically test these predictions using Danish microdata for the period 1999 to 2008. We find that importing retailers are larger, more profitable[…]