The development of production, prices and employment in the EU electrical industry between the mid-1970s and the mid-1990s is analysed in order to test the hypothesis that the competitive pressure from low-income countries has led to the observed decline of the employment share of low-skilled...

This volume was prepared by Sebastian Benz while he was working at the Ifo Institute. It was completed in December 2013 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes five self-contained chapters. All chapters discuss different...

In recent publications it has been argued that the change of the skill structure of industrial employment is caused by biased technical progress rather than by increasing international trade with low wage countries. However, in linking prices for final goods with prices of primary factors, most...

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...

We analyse the nature of German trade-FDI linkages within the EU27 based on a simultaneous equation gravity approach for imports, exports, in- and outward FDI stocks. We adopt both a Hausman-Taylor (1981) IV approach (3SLS-GMM) and rival non-IV estimation (the system extension to the Fixed...

Using a micro-level dataset of wind turbine installations in Denmark and Germany, we estimate a structural oligopoly model with cross-border trade and heterogeneous firms. Our approach separately identifies border-related from distance-related variable costs and bounds the fixed cost of...

Die deutsch-russischen Wirtschaftsbeziehungen haben sich seit den 1990er Jahren fast unbemerkt von der (medialen) Öffentlichkeit positiv weiterentwickelt. Russland wurde zwar als G8-Mitglied und eines der wichtigen Schwellenländer der BRIC-Gruppe wahrgenommen, mehr Aufmerksamkeit genoss...

Die militärische Eskalation in der Ukraine sowie die aufgrund der Sanktionen einsetzenden Bremseffekte für die Kapital- und Handelsströme werden die deutsche Wirtschaft auf makroökonomischer Ebene belasten. In diesem Beitrag soll ein Überblick über die direkten Handelsrisiken gegeben...