International politics affects oil trade. But do financial and commercial traders who participate in spot oil trading also respond to changes in international politics? We construct a firm-level dataset for all U.S. oil-importing companies over 1986-2008 to examine how these firms respond to...

Is political compliance a precondition for healthy trade relations with China? The Chinese government frequently threatens that meetings between its trading partners officials and the Dalai Lama will be met with animosity and ultimately harm trade ties with China. We run a gravity model of...

International politics affects oil trade. But does it affect the oil-exporting developing countries more? We construct a firm-level dataset for all U.S. oil-importing companies over 1986-2008 to examine how these firms respond to changes in "political distance" between the U.S. and her trading...

International politics affects oil trade. But why? We construct a firm-level dataset for all U.S. oil-importing companies over 1986-2008 to examine what kinds of firms are more responsive to change in "political distance" between the U.S. and her trading partners, measured by divergence in their...

How do foreign interests influence the policy determination process? What are the welfare implications of such foreign influence? In this paper we develop a model of foreign influence and apply it to the study of optimal tariffs. We develop a two-country voting model of electoral competition,...

Dieser Artikel erläutert aus wirtschaftsethischer Sicht, wie das Zusammenspiel von Emotionalisierung und Moralisierung zu einem Diskursversagen führen kann, das dann ein Politikversagen nach sich zieht. Im Hinblick auf den Ukraine-Krieg und insbesondere im Hinblick auf die gegen Russland...

Dieser Artikel versucht transparent zu machen, wie man gestützt auf das ordonomische Forschungsprogramm zur Versachlichung der westlichen Diskussion um den Ukraine-Krieg beitragen kann. Das Hauptargument lautet, dass das Beziehungsmanagement der antagonistischen Kooperation zwischen Ost und...

Am 24. Februar 2022 begann Russland einen völkerrechtswidrigen Angriffskrieg gegen die Ukraine. Seitdem wird darüber tagtäglich medial berichtet und moralisch geurteilt. Dieser Artikel untersucht, welche Wahrnehmungsmuster die politische Diskussion im deutschen Sprachraum dominieren - und...

We investigate the effect of economic sanctions on trade flows in countries sharing a border with sanctioned states. According to trade models, sanctions are expected to reduce trade flows as they disrupt established trading routes and economic relationships with suppliers and customers....

Economic sanctions are a frequent instrument of foreign policy. In a diplomatic conflict, they aim to elicit a change in the policies of foreign governments by damaging their economy. However, sanctions are not costless for the sending economy, where domestic firms involved in business with the...