Do natural disasters interplay with intensified international migration? Not only has the global migrant stock increased from 92 to 165 million between 1960 and 2000, but the frequency and magnitude of disasters have increased within the same period. In the face of exogenous shocks, migration is...

In Zeiten des wirtschaftlichen Abschwungs greifen immer mehr Staaten zu weitreichenden protektionistischen Maßnahmen. Die Folgen des Protektionismus sind nicht zu unterschätzen, denn er schränkt den Freihandel nachhaltig ein und hemmt die wirtschaftliche Erholung. Dabei spielen im Gegensatz...

In Zeiten des wirtschaftlichen Abschwungs greifen immer mehr Staaten zu weitreichenden protektionistischen Maßnahmen. Die Folgen des Protektionismus sind nicht zu unterschätzen, denn er schränkt den Freihandel nachhaltig ein und hemmt die wirtschaftliche Erholung. Dabei spielen im Gegensatz...

Using SPS measures obtained from the SPS Information Management System of the WTO and controlling for zero trade flows, we find that SPS concerns reduce the probability of trade in agricultural and food products consistently. However, the amount of trade is positively affected by SPS measures...

Growth theory predicts that natural disasters should, on impact, lower GDP per capita. However, the empirical literature does not offer conclusive evidence. Most existing studies use disaster data drawn from damage records of insurance companies. We argue that this may lead to estimation bias as...

The estimated amount of people affected by natural hazards stands at a staggering number of about 243 million people per year. While not all of the affected move across borders, international migration potentially provides an adaptation mechanism to natural hazards. The aim of this paper is to...

Does trade openness cause higher GDP per capita? Since the seminal instrumental variables (IV) estimates of Frankel and Romer [F&R](1999) important doubts have surfaced. Is the correlation spurious and driven by omitted geographical and institutional variables? In this paper, we generalize F&R's...

Knapp 80% der EU-Exporte in Nicht-EU-Mitgliedsländer werden per Schiff transportiert. Folglich sind die Lieferkettenstörungen während der Pandemie eng mit dem Markt der Containerschifffahrt verbunden. Es fallen zwei wichtige Trends auf: die zunehmende Marktkonzentration und die Größe der...

We develop a simple methodology to estimate monthly aggregate supply and demand conditions from bilateral international trade data for about 180 countries and 40 years. We apply our method to measure the short-run effects of natural disasters. In line with theoretical considerations, we find...

In this paper we study how differences in the quality of countries' institutions affect the impact of natural hazards in these countries. To do so, we first build a new data set that allows us to adequately control for countries' development and geological characteristics and, importantly,...