The deterioration of the terms of trade in Russia was the main trigger of sectoral transformation in 2015. Two major specific phenomena have been observed – the redistribution of the generated value added in favor of the extracting sector of the national economy (despite the plunge of world...

Industrial subsidies take on a growing importance in trade discussions. Yet assessing the scope and scale of government interventions in manufacturing remains notoriously difficult due to a persistent lack of reliable and comparable data. With many governments failing to provide sufficient...

This paper explores the role of country asymmetries for trade and industrial policies with heterogeneous firms. Our analysis delivers a number of novel results. First, trade policies, infrastructure policies and industrial policies which improve the business conditions in one country have...

Conventional wisdom holds that international trade agreements can be used as external pressures and credible commitments to overcome opposition and lock in domestic economic reforms. This belief, however, underestimates the ability of politicians to use international trade agreements to leverage...

Die Studie präsentiert eine langfristige Analyse der österreichischen Warenexporte seit 2000. Nach einer stark expansiven Phase zwischen 2000 und 2008 verlor demnach Österreichs Exportwirtschaft seit der Finanzmarkt- und Wirtschaftskrise 2008/09 Marktanteile und Alleinstellungsmerkmale im...

In den letzten Monaten stand das deutsche »Exportmodell« in der Kritik. Die deutschen Überschüsse seien mitverantwortlich für die Defizite der Nachbarländer und schaden den Handelspartnern. Ist diese Einschätzung gerechtfertigt? Für Gabriel Felbermayr, Universität Hohenheim, entbehren...

This paper explores the role of country asymmetries for trade and industrial policies withheterogeneous firms. Our analysis delivers a number of novel results. First, trade policies,infrastructure policies and industrial policies which improve the business conditions in onecountry have negative...

This paper calls for a fresh look at industrial policies in the light of recent trends and developments in the global economy. In particular, five new challenges and their implications for industrial policies are discussed. These have been neglected in the debate on industrial policy and include...

This paper explores the role of country asymmetries for trade and industrial policies with heterogeneous firms. Our analysis delivers a number of novel results. First, trade policies, infrastructure policies and industrial policies which improve the business conditions in one country have...