Cecilia Hornok, Ph.D.

Postdoc Researcher, Kiel Centre for Globalization
Postdoc Researcher of Research Area “The Global Division of Labour”, Kiel Institute for the World Economy
Email: cecilia.hornok@ifw-kiel.de
Tel.: +49(0)431-8814-468

Expertise:

  • International trade
  • Heterogeneous firms and globalisation
  • Applied panel data econometrics

 


KCG Research Seminar by Charles G. Ackah on Firm Responses to Electricity Shortages in Ghana

26th February 2019
KCG Secretary
Within the framework of a joint project “How can Trade Contribute to Development? Micro-based Evidence for Ghana”, Dr. Charles G. Ackah (University of Ghana) will visit the Kiel Centre for Globalization (KCG) from February 26 to March 1, 2019. In addition to research meetings and discussions with the KCG project members, Prof. Holger Görg, Ph.D. (KCG Managing Director) and Cecilia Hornok, Ph.D. (KCG Fellow), Ackah will give a KCG research seminar based on his current paper “Productivity Losses and Firm Responses to Electricity Shortages: Evidence from Ghana”[…]

KCG Researcher Joined a Workshop on the World Development Report 2020

28th January 2019
KCG Secretary
The World Development Report 2020 of the World Bank will address the topic of Global Value Chains (GVCs) and their role in economic development. The World Bank Group and the German Federal Ministry for Economic Cooperation and Development (BMZ) organized a workshop in Berlin on January 18, 2019 to discuss the concept note of the report. During the event, numerous experts and representatives from international organizations, academia, politics, business and NGOs were given the opportunity to inspect the draft document and give their feedback to the authors. KCG Researcher, Cecília Hornok, Ph.D., also participated in the workshop as a discussant[…]

Trade for Development? A New KCG Research Project Focusing on Ghana

9th November 2018
KCG Secretary
The Aid for Trade (AfT) Initiative of the World Trade Organisation aims at supporting developing countries to better deal with trade-related constraints and barriers so that they can be better integrated into the world economy through their engagement in international trade. A key principle behind the AfT Initiative is that free and fair trade can make significant contributions to the economic development and poverty reduction in the developing and emerging countries. Many industrialised countries have initiated new policy measures and/or adjusted the existing ones to support the implementation of the AfT Initiative. One example is Germany[…]

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

8th March 2018
KCG Secretary
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[…]

KCG Working Paper No. 9: Markups of Exporters and Importers: Evidence from Hungary

8th March 2018
KCG Secretary
Authors: Cecilia Hornok and Balázs Muraközy

This paper studies the relationship between firm-level markups and trade status using balance sheet information linked to detailed trade data from Hungary between 1995-2003. We find that importing is strongly positively correlated with markups both across and within firms. We argue that this correlation can reflect three channels: self-selection, higher physical productivity resulting from access to a larger variety of inputs and quality upgrading based on high-quality imported intermediate inputs[…]

Markups of Exporters and Importers: Evidence from Hungary

1st March 2018
KCG Secretary
Authors: Cecilia Hornok and Balázs Muraközy (Forthcoming, The Scandinavian Journal of Economics)

This paper studies the relationship between different proxies of firm-level markups and trade status using balance sheet information linked to detailed trade data from Hungary between 1995-2003. We find that importing is strongly positively correlated with markup measures both across and within firms. We argue that this correlation can reflect three channels: self-selection, higher physical productivity resulting from access to a larger variety of inputs, and quality upgrading based on high-quality imported intermediate inputs[…]