The nature of international trade has changed significantly. For centuries, trade concentrated on the exchange of finished goods. It now increasingly involves bits of value that are added at different locations to combine into one final product. Therefore, trade in functions or tasks are of...

The nature of international trade has changed significantly. For centuries, trade concentrated on the exchange of finished goods. It now increasingly involves bits of value that are added at different locations to combine into one final product. Therefore, trade in functions or tasks are of...

I estimate the impact of foreign-owned large plant closures on local firms. I identify 41 such events in Hungary and assign comparable control cities with foreign-owned large plants operating in the same industry and not closing. I use a firm-level panel database of Hungarian firms between 1992...

Bildung und Wissenschaft sind auch ein Wirtschaftsfaktor. Die regionalwirtschaftliche Bedeutung dieses Wirtschaftsfaktors läßt sich anhand der Nachfrage-, Produktivitäts- und Standorteffekte der Sach- und Personalausgaben für die Hochschulbildungs- und Wissenschaftseinrichtungen empirisch...