This paper uses information on more than 160 million export and import transactions by German firms from 2009 to 2012 to document the decisive role of multi-market traders that are active on many foreign markets, where a market is defined as a combination of a good traded and a country traded...

This paper uses information on import transactions by German firms from 2009 to 2012 merged with information on characteristics of the importers taken from surveys by the Statistical Offices to document that a large share of importers engage in multiple import sourcing by importing the same good...

This study replicates estimation results from Jennifer Abel-Koch, Who Uses Intermediaries in International trade? Evidence from Firm-level Survey Data, published in The World Economy (2013). In this paper she uses firm-level data from Turkey. The pure replication performed here that is based on...

The reliability of the electricity grid is of vital significance for the proper functioning of a society and its economy. The aim of this study is to develop a methodology to quantify differences in the electricity distribution grid's economic importance, and investigate limitations from its...

This study attempts to replicate estimation results from Gábor Békés and Balázs Muraközy, Measuring productivity premia with many modes of internationalization, published in Economics Letters (2016). In this paper the authors use comparable firm-level data for seven European countries based...

This paper provides the first empirical evidence on the link between the number of foreign markets (where a market is defined as the combination of one traded good and one country traded with) a firm is active on and its profitability. We find that in German manufacturing industries the...

The current trends in the capital/labor split and the impacts thereof on the growth of inequality are one of the main concerns of national governments, European Commission and international organizations like UN, ILO, IMF, OECD and WB. These trends are usually studied at the macro level of...

Cost-sharing is regarded as an important tool to reduce moral hazard in health insurance. Contrary to standard prediction, however, such requirements are found to decrease utilization both of efficient and of inefficient care. I employ a simple model that incorporates two possible explanations -...