In economic literature, economic complexity is typically approximated on the basis of an economy's gross export structure. However, in times of ever increasingly integrated global value chains, gross exports may convey an inaccurate image of a country's economic performance since they also...

Zusammenfassung Digitale Einheiten auf der Grundlage der Blockchain-Technologie sind derzeit in aller Munde. Manche dieser Einheiten wie ihr prominentester Verterter, der Bitcoin, fungieren als private virtuelle Währung. Andere, die sog. Tokens, sollen dazu dienen, den Handel mit bestimmten...

To achieve inclusive green growth, countries need to consider a multiplicity of economic, social, and environmental factors. These are often captured by metrics of economic complexity derived from the geography of trade, thus missing key information on innovative activities. To bridge this gap,...

Did migrants make Paris a mecca for the arts and Vienna a beacon of classical music? Or was their rise a pure consequence of local actors? We use data on more than 22,000 historical individuals born between the years 1000 and 2000 to estimate the contribution of famous immigrants, emigrants and...

Despite global efforts to harmonize international trade statistics, our understanding of digital trade and its implications remains limited. Here, we introduce amethod to estimate bilateral exports and imports for dozens of sectors starting from the corporate revenue data of large digital firms....

Can we use data on the biographies of historical figures to estimate the GDP per capita of countries and regions? Here, we introduce a machine learning method to estimate the GDP per capita of dozens of countries and hundreds of regions in Europe and North America for the past seven centuries...

Global value chains (GVCs) play a crucial role in today's international trade. High value-added activities tend to cluster at the start and the end of GVCs, resulting in a U-shaped relationship across production steps known as the "smile curve". The distribution of CO2 emissions along the value...

Mass media initiated exhibitions of information and knowledge streams account for a significant factor of opinion-forming in modern digitalized nations and thus influence their country's political development. Within the framework of a globalized environment, this information has the ability to...

The European Union has had a uniform legal framework to combat market abuse since 2003. These provisions are to be reformed. In October 2011, the European Commission presented proposals for a Regulation on Insider Dealing and Market Manipulation and a Directive on Criminal Sanctions. This paper...