Globalization is everywhere. At least, that’s the impression that it gives: more and more countries are opening up to international trade and fewer and fewer sectors seem to be protected from international competition. This impression correctly matches traditional analyses, which consider that...

This paper investigates the impact of foreign direct investment on the productivity performance of domestic firms in Portugal. The data comprise nine manufacturing sectors for the period 1992-95. Relatively to previous studies, model specification is improved by taking into consideration several...

In this article we extend the model developed by Bogliacino and Pianta (2013a, 2013b) on the link between R&D, innovation and economic performance, considering the impact of innovation of export success. We develop a simultaneous three equation model in order to investigate the existence of a...

We analyze how a set of determinants affect trade among European countries over the period 1992–2008. The factors encompass variables from the areas of geography, culture, institutions, infrastructure, and trade direction. Trade is analyzed for four types of goods: primary goods, parts and...

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This paper tests whether outward foreign direct investments (FDI) serve as complements or substitutes to merchandise exports. A direct link between outward FDI and country-level merchandise bilateral exports between the European Organisation for Economic Cooperation and Development (OECD)...

This volume was prepared by Sebastian Benz while he was working at the Ifo Institute. It was completed in December 2013 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes five self-contained chapters. All chapters discuss different...

Inspired by the theory of variety-expanding product innovation we derive a testable relationship of outsourcing on the growth rate of knowledge. We estimate this relationship with a firm-level dataset, which is a unique match of PATSTAT patent data and theAmadeus dataset. We find evidence that...

This paper aims to apply the balance of payments constrained-growth model to explain Euro area growth performance in the last forty years and to discuss likely prospects for the future. After a formal reconsideration of the long-run and short-run arguments supporting the validity of the...

This study investigates Austria’s positions in international production sharing and global value chains exploiting the recently available Global Input-Output Database (WIOD). Researchers and policy-makers become increasingly aware of the fact that production processes are more and more...