August 17, 2021: Seminar by Sonali Chowdhry on Firm-specific Determinants of the Invoicing Currency Choice in International Trade

16th August 2021
KCG Secretary
News
News
Sonali Chowdhry
Research macroeconomic analysis by Boz et al. (2021) finds an overall stability of invoicing currency patterns in global trade and a further dominant role the US dollar in this regard. Despite the general stability of invoicing currency patterns, they find an increasing use of the Euro as invoicing currency for trade in some European and African countries[...]

Upcoming KCG Seminar by Victor Gimenez-Perales on Importer-Exporter Connections

9th August 2021
KCG Secretary
News
News
With the gradual liberalization trend of the international trade and with the strong technological progress in transportation, information and communication, it has been much less costly for firms to procure resources and intermediate goods needed for better prices abroad, and to sell their products globally. As a result, global value chains (GVCs) have been quickly developed and extended since the 1990s[...]

New KCG Study Investigates Impact of Exports on Innovation in China

14th June 2021
KCG Secretary
News
News
Economists generally agree on a connection between exports and innovation and the former fuels the latter. Several studies also report the existence of such export-driven innovation for Chinese exporters.
In addition to the direct impact of exports on innovation among exporters, there is a further effect, namely an indirect or spillover effect of exports. Non-exporters can theoretically also become more innovative, when information accumulated by exporters in the same region or sector gets spilled over to the non-exporters[...]

KCG Seminar on Trade Impact of Different National Antidumping Legislations by Alexander Sandkamp on May 25

20th May 2021
KCG Secretary
News
News
In a recently published paper “Different antidumping legislations within the WTO: What can we learn from China's varying market economy status?, Prof. Dr. Alexander Sandkamp (KCG, Kiel University and Kiel Institute) and Prof. Dr. Erdal Yalcin (University of Applied Sciences Konstanz) analyse how varying national antidumping legislations within the framework of the World Trade Organization differ in their ability to reduce targeted exports[...]

KCG Managing Director Holger Görg is Invited to Join a Hearing on Supply Chain Law Today

28th April 2021
KCG Secretary
Public Contributions
Public Contributions
Today there will be a hearing on “Supply Chain Law” in the Environment and Agriculture Committee of the State Parliament of Schleswig-Holstein. Prof. Holger Görg, Ph.D. (KCG Managing Director) is invited to provide his views on this topic. In total, 16 experts and representatives of environmental and development organisations as well as industry/business associations are expected to share their opinion on the topic from various aspects at the hearing[...]

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

14th April 2021
KCG Secretary
News
News
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[...]

New KCG Study on Productivity Effects of Processing and Ordinary Export Market Entry

30th March 2021
KCG Secretary
News
News
The ubiquitous “Made in China” label epitomizes China’s transformation from a virtual autarky in the 1970s to a veritable exporting powerhouse in little more than a generation. This transformation arguably owes much to the country’s ever-increasing integration in global value chains. This has undoubtedly been helped by policy. As early as the mid-1980s China introduced special “processing trade” schemes in an attempt to boost exports. The hallmark of this scheme is that there are tariff-exemptions on imported inputs as long as these are only processed in the country and then re-exported. Domestic sales of these processed goods are, in general, not permitted[...]