Prof. Gabriel Felbermayr, Ph.D.

Prof. Gabriel Felbermayr, Ph.D.

External Fellow, Kiel Centre for Globalization
Director, Austrian Institute of Economic Research
Email: felbermayr@wifo.ac.at

Research Interests:

  • International Trade Policy
  • European Integration
  • International Migration
  • International Climate Policy
  • International Development

 


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
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)[...]

Feindliche Übernahme? Chinas Auslandsinvestitionen unter der Lupe

18th November 2021
KCG Secretary
Authors: Gabriel Felbermayr, Moritz Goldbeck, Alexander-Nikolai Sandkamp (ifo Schnelldienst, 2019, 72 (8): 27–39)

China ist mittlerweile ein wichtiger internationaler Investor. Die ausländischen Direkt- investitionen (ADI) Chinas sind von 2005 bis 2017 von 10 auf ca. 177 Mrd. US-Dollar gestiegen und haben somit stark an Bedeutung gewonnen. Rund 40% der chinesischen ADI wurden im Jahr 2018 in Europa getätigt[...]

KCG Seminar “Decoupling Global Value Chains” by Peter Eppinger on April 16

14th April 2021
KCG Secretary
Global value chains (GVCs) have been quickly developed and extended since the 1990s. GVC growth is often seen as one of the main reasons behind the rapid growth of international trade but it has been slowed down since the financial crisis in 2008 particularly due to the decline in overall economic growth, the rising protectionism and intensifying trade tension as well as the Covid-19 pandemic. The pandemic-determined GVC disruption especially in the first half year of 2020 induced many countries to think about whether moving away from GVCs and relying more on national or regional inputs and value chains may help firms and countries to be better protected from foreign shocks[...]

A New Kiel Institute Study Shows Protectionist Measures against Global Supply Chains Harm All

1st March 2021
KCG Secretary
The COVID-19 pandemic is a huge challenge for all aspects of human lives – locally, nationally but also globally. With respect to the global economy, the COVIC-19 pandemic has clearly demonstrated how
vulnerable global supply chains can be in the face of global shocks. The severe pandemic-determined global supply chain disruptions particularly in the first half year of 2020 has triggered political and public discussions worldwide about whether there is increasing national need for economic self-sufficiency and about the role of potential business reshoring in this regard. There have been also such debates and discussions in Germany[...]

The Trade Effects of Anti-Dumping Duties: Firm-level Evidence from China

10th July 2020
KCG Secretary
Authors: Gabriel Felbermayr, and Alexander Sandkamp (European Economic Review, Vol. 122, Feb. 2020, 103367)
This paper uses Chinese customs data to investigate the trade effects of anti-dumping (AD) policies. Merging firm-level exports to firm-specific AD duties, we exploit differences across firms within products. This reduces endogeneity concerns which have plagued earlier research[...]

European Parliament Study on EU-China Trade and Investment Relations by BRUEGEL and IfW Available Online

2nd July 2020
KCG Secretary
European flags
On July 1 Germany took over the Presidency of the Council of the European Union for the next six months. Under the overarching objective “Together for Europe’s Recovery”, Germany aims at working with all EU Member States to jointly overcome the challenges of the COVID-19 pandemic, to support Europe’s economic recovery, to encourage innovation, social cohesion, solidarity and sustainability in Europe, to strengthen the European community of law and values as well as to further strengthen Europe’s role in dealing with global affairs (German Federal Ministry of Foreign Affairs, 2020)[...]

First UNIDO Webinar on the Future of Global Production Networks on June 30, 2020

24th June 2020
KCG Secretary
Focusing on the challenges brought by the COVID-19 outbreak to the manufacturing sector, the United Nations Industrial Development Organization (UNIDO) will organise a new webinar series “Future of Industrialization in a Post-Pandemic World” in cooperation with the Kiel Institute for the World Economy (IfW) and the Kiel Centre for Globalization (KCG). The UNIDO Webinar Series will gather together international leading experts on the topic of industrialization from academia, business, politics, international organizations and NGOs to address the unprecedented industrial challenges in a post-pandemic world and to share their related research insights and knowledge from the practice with the interested participants[...]

The 2019 Forum on Globalization and Industrialization Successfully Took Place in Vienna

5th December 2019
KCG Secretary
As part of a multi-year cooperation between the United Nations Industrial Development Organization (UNIDO), the Kiel Institute for the World Economy (IfW) and KCG, the 2019 Forum on Globalization and Industrialization (FGI) “The Future of Global Value Chains (GVCs): How the Fourth Industrial Revolution is Changing Global Production Networks” took place on November 19, 2019 at the UNIDO Headquarters in Vienna. The 2019 FGI brought together around 100 policymakers[...]

Rules of Origin and the Profitability of Trade Deflection

14th November 2019
KCG Secretary
Authors: Gabriel Felbermayr, Feodora Teti and Erdal Yalcin (Journal of International Economics, Vol. 121, Nov. 2019, 103248)

When a country grants preferential tariffs to another, either reciprocally in a free trade agreement (FTA) or unilaterally, rules of origin (RoOs) are defined to determine whether a product is eligible for preferential treatment. RoOs exist to avoid that exports from third countries enter through the member with the lowest tariff (trade deflection)[…]

Revisiting the Euro’s trade cost and welfare effects

14th November 2019
KCG Secretary
Authors: Gabriel Felbermayr and Marina Steininger (Forthcoming, Journal of Economics and Statistics)

When, about twenty years ago, the Euro was created, one objective was to facilitate intra-European trade by reducing transaction costs. Has the Euro delivered? Using sectoral trade data from 1995 to 2014 and applying structural gravity modeling, we conduct an ex post evaluation of the European Monetary Union (EMU). In aggregate data, we find a significant average trade effect for goods of almost 8 percent, but a much smaller effect for services trade[…]

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[…]

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[…]

2019 Forum on Globalization and Industrialization is Now Open for Registration

16th October 2019
KCG Secretary
The 2019 Forum on Globalization and Industrialization (FGI) with its overarching topic “The Future of Global Value Chains (GVCs): How the Fourth Industrial Revolution is Changing Global Production Networks” will take place on Nov. 19, 2019 at the Vienna International Centre in Vienna, Austria. This is the fourth annual conference jointly organised by the United Nations Industrial Development Organization (UNIDO) and the Kiel Centre for Globalization (KCG) at the Kiel Institute for the World Economy[...]

Today in Kiel: Global Economic Symposium on Globalization in the Digital Age

10th September 2019
KCG Secretary
The Global Economic Symposium (GES) Kiel organised by the Kiel Institute for the World Economy – in partnership with the City of Kiel, the State of Schleswig-Holstein, the Chambers of Commerce and Industry Schleswig-Holstein as well as ZEIT-Stiftung Ebelin und Gerd Bucerius – will takes place in Kiel this afternoon. With its overarching theme “Globalization in the Digital Age”, GES aims at bringing together international experts and local actors and stakeholders from Schleswig-Holstein in Northern Germany to identify the challenges that digitalization may pose to globalization in general and firm activities, education and society on site in particular. The experts and participants from academia[…]

KCG Researchers Involved in a Recent Study on China’s Belt and Road Initiative

2nd August 2019
KCG Secretary
China’s Belt and Road Initiative (BRI) aims at, first of all, fostering economic, social and political interactions between China and the other BRI countries. It should, however, also help encourage more communications, mutual understandings and cooperation among all BRI countries involved. This is expected to stimulate economic growth, facilitate economic integrations and encourage global prosperity. Cross-country large-sized infrastructure projects clearly lie in the key policy focus area of BRI[…]

KCG Researchers Gave Presentations at the Second HSU-IfW-Workshop in Development and Environmental Economics

25th July 2019
KCG Secretary
KCG Researchers Prof. Gabriel Felbermayr, Ph.D., Prof. Holger Görg, Ph.D., Dr. Birgit Meyer, Finn Ole Semrau and Frauke Steglich joined the second HSU-IfW-Workshop in Development and Environmental Economics, which took place on June 7, 2019 at the Kiel Institute for the World Economy (IfW) in Kiel, Germany. The HSU-IfW-Workshop in Development Economics and Environmental Economics, which was co-organized by IfW and the Helmut Schmidt University[…]