Previous literature largely ignores the heterogeneity of aid channels used by each single donor country. We estimate Tobit models to assess the relative importance of recipient need, recipient merit and self-interest of donors for various channels of official and private German aid across a...

It is widely believed that the determinants of foreign direct investment have changed fundamentally in the process of globalization. We apply correlation and regression analyses in order to test this proposition for German direct investments in developing and transition economies. Indications...

This paper uses a static and dynamic gravity model of trade to investigate the link between German development aid and exports from Germany to the recipient countries. The findings indicate that in the long run,German aid is associated with an increase in exports of goods that is larger than the...

Foreign aid is given for a combination of economic, political, and humanitarian motives. While its impact on economic development in recipient countries has been the main focus of research recently, we concentrate on the question to what extent it also promotes donor countries’ exports. We...

This paper shows that the substantial disparity in German bank lending towards industrial (IC) and non-industrial (Non-IC) countries is largely explained by differences in countries' endowments and only to a minor extent by German banks' different treatment of these country groups. This is...

Die Weltwirtschaft steuert in Richtung ökologischer Nachhaltigkeit. Aufgrund einer immer stringenteren umwelt- und klimapolitischen Regulierung setzen sich neue nachhaltige Technologien und Geschäftsmodelle durch. Diese wiederum verändern Wettbewerbsbedingungen und Standortvorteile. Kluge...