This paper studies the pass-through from wages to producer prices using sectoral disaggregated data for the euro area. We find a positive and statistically significant wage-price pass-through that reaches 50% after three years, which differs across sectors. The wage-price pass-through in private...

Der deutsche Export sendet deutliche Warnsignale. Die Wachstumsraten des Exports haben sich im Zeitraum 2015 bis 2023 im Vergleich zu 2000 bis 2015 um rund zwei Drittel reduziert. In der Folge sind die Wachstumsbeiträge des Exports von 1,8 Prozentpunkten zwischen 2000 und 2015 auf 0,8...

This study examines whether trade competition from low-wage countries (LWCs) can influence immigration patterns in an advanced economy. We focus on Italy between 2003 and 2013, a period characterized by rising market pressure from China and Eastern Europe. Using census data on sectoral...

This paper examines the state of innovation in Central, Eastern, and South-Eastern EU countries. Despite increased innovation capacity, the region faces significant challenges threatening its growth and competitiveness, including severe skills shortages, uneven productivity, and barriers to...

Die Studie untersucht die technologische Leistungsfähigkeit Deutschlands im internationalen Vergleich anhand von Daten zur sektoralen Wertschöpfung sowie mittels Daten zum Handel mit Industriegütern. Sie zeigt, dass die deutsche Wirtschaft weiterhin stark auf die Produktion hochwertiger...

Technological advancements are forcing firms to innovate quickly to sustain a competitive advantage. However, despite theoretical arguments and empirical findings, the mechanisms that influence the speed of innovation and firms' international performance are surprisingly unexplored in the...

Development depends on a nation's ability to produce sophisticated goods, making economic complexity crucial. Considered as an ecological sophistication of technological, social, and cultural factors, ecological structural change, the core of Green New Developmentalism, can address environmental...

The Draghi Report recommended actions to secure the long-term EU competitive position but did not discuss the challenges related to specific countries or regional groups, including those of Central and Eastern European (CEE) countries. While CEE economies remain focused on manufacturing,...

Efficient institutions matter in promoting Global Value Chains (GVCs) participation since they help reduce transaction costs for firms that engage in trade. Competition policy is considered an important dimension of these institutions. This paper investigates whether competition policy matters...

The European Union faces several simultaneous threats to its competitiveness: weakness in the industries of the future, insufficient innovation, expensive energy, the need to green its economy, and geopolitical and trade shifts, to name but a few. The EconPol Europe Annual Conference, on whose...

Over the last decades, globalization has led to more integrated markets which fostered the transformation of economies around the world. How do domestic labor markets react to increased competition from abroad? This Policy Brief examines the effect of an import shock on the Mexican labor market...

This paper examines how China’s growing research capabilities impact global research universities across scientific fields. Using bibliometric data from 1980 to 2020, we assess the effects of the "China shock" on high-impact publications, novel concepts, and citation patterns. Our analysis...

The European Union (EU) and Germany were already being confronted with rapidly changing dynamics on the economic, ecological, and technological terrains prior to the Covid-19 crisis. The pandemic, however, has fully exposed critical global value chain (GVC) dependencies, jeopardising the already...

This paper examines how China's growing research capabilities impact global research universities across scientific fields. Using bibliometric data from 1980 to 2020, we assess the effects of the "China shock" on high-impact publications, novel concepts, and citation patterns. Our analysis...

The European Union is portrayed as a realm of international cooperation and coordination, of convergence and cohesion (via freedoms of movement and common policies), retaining ingrained traits such as member states geopolitical competition (with national interests on collision courses,...

Schon lange steht fest, dass auf Deutschland und Europa gewaltige Ausgaben zukommen. Die geopolitischen, ökonomischen und sicherheitspolitischen Anforderungen zwingen hierzu. Staaten müssen ihre Investitionen spürbar erhöhen und deren Finanzierung sichern. Dies wird nicht nur Auswirkungen...

This paper investigates the relationship between China’s import competition and the innovation strategies of domestic firms. Using firm level data from Italy spanning 2005-2010 and employing IV fixed effects estimation techniques, we find that the impact of China’s import competition on...

Die Stärke Deutschlands im globalen Patentwettbewerb bemisst sich nicht an jenen Patentanmeldungen, die hierzulande hervorgebracht werden, sondern vielmehr an jenen, die von Deutschland aus kontrolliert werden. Die industriepolitisch relevante Frage lautet folglich, wer als Global Ultimate...

This study examines the association between export promotion programs (EPPs) and export knowledge, commitment, and management perception, examining their relationship with export strategy, competitiveness, and performance, especially for firms in international markets. Using data collected from...

The direct investment flows of Germany since 2018 are remarkable in the context of long-term development and global direct investment activities. While inflows to Germany have been below average in recent years, outflows from Germany - with the exception of 2024 - have been above average. These...

Industrial policy has a long history, having been used by many governments to encourage economic development through the provision of direct financial support and/or supportive regulations to specific sectors and industries. Over the past decade, the energy transition has increasingly forced...

This study investigates the interrelationships between institutional frameworks, innovation ecosystems, and stakeholder coordination in enhancing the global competitiveness of Ethiopia's Integrated Agro-Industrial Parks (IAIPs) in Yirgalem and Bulbula. A mixed-methods approach combining...

This paper examines the impact of imports from developed countries on industry-specific employment in India between 1983 and 2010. The identification strategy relies on comparing differential changes in import exposure across regions to the differential changes in employment within industries....

Der Export als traditionell starker Wachstumsmotor der deutschen Wirtschaft ist ins Stottern geraten. Dabei kam es schon nach 2015 zu anhaltenden Einbußen bei der Exportperformance auf den deutschen Absatzmärkten. In diesem Beitrag wird analysiert, in welchen Zielländern und Warengruppen...