We investigate the long-term effects of export opportunities to a large destination market on multinational affiliates and domestic firms in a low-income host country. The US-Vietnam Bilateral Trade Agreement reduced US import tariffs on exports from Vietnam. Tariff reductions led to entry...

Knapp 60 Prozent aller weltweit gehandelten Industriegüter sind forschungsintensiv. Zwei Fünftel davon sind Güter mit sehr hoher Forschungsintensität (Spitzentechnologie) und drei Fünftel Güter mit hoher Forschungsintensität (Hochtechnologie).1 Noch in den 90er Jahren waren die USA...

The strong reliance of the German economy on the industry sector has been a point of criticism for years now. Germany is too strongly focused on export, making it susceptible to crises and fluctuations in demand and exchange rates, the critics allege. A non-critical look at the numbers during...

Nearly 60 percent of globally traded industrial goods are R&D-intensive. Two fifths are goods with very high research intensity (cutting-edge technology), while the remaining three fifths are goods with high research intensity (high-level technology).1 Up until the 1990s, the USA was the global...

Although there exists a vast literature on convergence and divergence of income levels across countries or regions at the aggregate level, there is only little work on convergence and/or diver- gence processes of productivity and wage levels at the more disaggregated industrial level. These are...

Deutschland ist größter Brutto- und Nettoexporteur von forschungsintensiven Waren, noch vor den USA und Japan. Auch pro Kopf weist Deutschland mit rund 3 900 US-Dollar den größten Exportüberschuss bei forschungsintensiven Waren auf. Zudem profitiert Deutschland als Importeur und somit als...