Technologien, die für die CO2-neutrale Wirtschaft benötigt werden, sind bereits heute für den Klimaschutz wie für die wirtschaftliche Entwicklung von zentraler Bedeutung. Vor diesem Hintergrund stellt sich die Frage, ob Deutschland Gefahr läuft, durch eine zu langsame Energiewende...

Existing literature found both positive and negative relationship between geographical diversification and economic performance. Our research helps reconcile such contradictory results, and stresses that such conflict is associated with relatedness between export markets. Using China’s custom...

Processing trade contributed greatly to China’s economic growth. The total value of China’s processing trade was US $1.7 billion during the initial period of reform and opening up, and reached US $1.2 trillion in 2015. However, the proportion of processing trade in China’s trade volume has...

Kyrgyzstan economy have undergone transition from a different economic system in the 1990s until now. For stimulating a diversified long-run growth in Kyrgyzstan, the region needs to overcome spatial fragmentation by integrating the regions for economic development translating into national...

We develop a dynamic multi-country Ricardian trade model with aggregate uncertainty, where countries trade goods and assets, leading to trade imbalances. We introduce a method for computing counterfactuals in this setting without specifying the stochastic process of shocks or solving for asset...