Export controls play a prominent role in the ongoing technological race between the United States and China. This study investigates the short-term direct effects of US export controls on US exports as well as the indirect effects of these measures on the exports of third countries. We collect...

The resurgence of subsidies and industrial policies has raised concerns about their potential inefficiency and alignment with multilateral principles. Critics warn that such policies may divert resources to less efficient firms and provoke retaliatory measures from other countries, leading to a...

As China's economic restructuring and industrial upgrading advances, hard technology innovation has become a critical driving force for promoting industrial transformation and enhancing corporate market competitiveness. This study focuses on semiconductor listed enterprises from the Shanghai and...

R&D in the semiconductor industry is concentrated in a few countries: Japan, Korea, China, the United States, and Taiwan. European countries' R&D cooperation centers around Europe and the US, with relatively little cooperation with Asia. Diversifying R&D partnerships may secure access to R&D...

Semiconductor supply is subject of sizable subsidy schemes in the US, the EU, China, Japan, Korea, and India. Chip imports are concentrated in few countries, with the EU accounting for less than 5 percent of worldwide chip sales. Chips are highly heterogeneous products that serve different...

This EconPol Report sheds light on the global supply of semiconductors. Our analysis of value-added data for the US underscores the importance of semiconductors for advanced economies. Using global trade data and an extensive list of semiconductor-related goods, we provide a detailed description...