News

Home-country Employment Protection Matters for Firms’ Relocation Propensity

3rd May 2018
KCG Secretary
News
News
Since the 1990s a great number of policy measures have been observed to promote inflows of foreign direction investment (FDI), with the expectation that foreign investors would not only bring in financial resources but also know-how and technologies to support and facilitate the economic and societal development of the host countries. Some of these policy measures aimed at improving host countries’ business and investment environment to enhance their attractiveness for foreign firms. Labour market regulation was one of the key aspects considered here. Many previous studies showed that less strict labour market regulations, or say a higher level of labour market flexibility, may attract more foreign investors to move in and invest. What was rather hardly studied in the past, was the relevance of home-country labour market regulations on firms’ propensity to relocate (parts) of their operations abroad[…]

A New KCG Paper on the Effect of Financial Frictions on Foreign Direct Investment

12th April 2018
KCG Secretary
News
News
Foreign direct investment (FDI) has been widely recognised among economists as one of the key factors behind significant inflows of capital, technologies and know-how in emerging and developing countries that helped deal with low growth and poverty challenges in these countries in the past. FDI has played an essential role in intensifying globalization as well by having integrated a great number of countries into the expanding global supply chains and the world economy over time[…]

Science Jazz in New Orleans! KCG Researchers Joined 2018 AMA Winter Academic Conference in New Orleans, USA

22nd March 2018
KCG Secretary
News
News
KCG Researchers, Nils Christian Hoffmann, Prof. Dr. Stefan Hoffmann, and Guli-Sanam Karimova, participated in the 2018 AMA Winter Academic Conference from February 23rd to 25th 2018 in New Orleans, Louisiana (USA). There they presented their first scientific results from the KCG project “Cross-cultural differences in the perception of corporate social responsibility and consumer social responsibility along global supply chains”[…]

FAZ Article on Corporate Morality and Manager Behaviour by Ludger Heidbrink

15th March 2018
KCG Secretary
Publications
Publications
Business ethics has been a widely discussed topic for years. The need for further research to gain more insights into this area has been enhanced particularly against the background with more and more business scandals emerged in the real life like VW’s software manipulation in diesel powered vehicles and diesel emissions tests on monkeys and humans[…]

Holger Görg Gave an Interview on US New Tariffs on Steel and Aluminium Imports

13th March 2018
KCG Secretary
Public Contributions
Public Contributions
US President Donald Trump signed a proclamation authorising new tariffs on US steel and aluminium imports on March 8, 2018. Following his plan, foreign steel and aluminium products sold to the US are going to face a tariff of 25% and a tariff of 10% in the future, respectively. Steel and aluminium products from Canada and Mexico will be excluded from this new tariff plan. Whether further countries will be placed on the exclusion list, is still an open question. Shortly before Trump’s order, Prof. Holger Görg Ph.D., Managing Director of the Kiel Centre for Globalization[…]

A New KCG Working Paper on Firm Markups and International Trade is Now Online

8th March 2018
KCG Secretary
News
News
Firms involved in international trade are larger, more productive and pay higher wages than non-trading firms, as ample evidence from the economics literature shows. The paper “Markups of Exporters and Importers: Evidence for Hungary” (forthcoming in The Scandinavian Journal of Economics) by Cecilia Hornok from the Kiel Centre for Globalization and Balázs Muraközy from the Hungarian Academy of Sciences investigates the less well-documented relationship between international trade and firms’ markup over marginal cost[…]