We examine whether the public revelation of sensitive tax information prompts firms to adopt reputation repair policies targeting shareholders. Between 2013 and 2021, the International Consortium of Investigative Journalists (ICIJ) released leaked information on over 800,000 offshore entities...

This (very short) note introduces nep-iaf, a new e-mail service that helps researchers interested in international activities of firms to stay up to date with newly published working papers on firms’ international activities, e.g. export, import, foreign direct investment, offshoring,...

This report examines the factors shaping productivity in Finland's private service industries. Specifically, we focus on the link between capital intensity and labor productivity, as well as the allocation of labor. In addition, the report highlights the roles of global megatrends, such as...

This paper examines the lasting impact of civil conflicts on bilateral trade flows and the subsequent implications for economic recovery. Utilizing a novel estimation approach based on the structural gravity model of international trade, we demonstrate that importers shift their trade...

Viet Nam has pledged to achieve net-zero emissions by 2050. This will require increasing diversity in Viet Nam's electricity supply, a transition to renewable electricity generation, and a reduction in the dependence on coal for electricity generation. Offshore wind holds significant potential...

In this paper, we analyse how robotisation is associated with industry output and its production inputs. We therefore link data on employment, robotisation and input-output relations for 15 manufacturing industries across 35 countries. Analysing the decade prior to 2018, we show that robotising...

Viet Nam's rapidly growing economy has created increasing energy demands, with significant untapped offshore wind resources located in shallow waters near population centers. While several near-shore projects were previously developed under a Feed-in-Tariff system, no far-shore installations...

Background: In offshore energy logistics, contracted helicopters frequently transport personnel to and from offshore installations. Regular and efficient transportation is vital to maintain planned activities at the installations. We focus on tactical helicopter planning from a single heliport...

The CEE4 countries are among the most internationalized economies in the EU. Due to their high dependence on foreign final demand, particularly in the automotive sector, their labor markets are closely linked to the dynamics of the global economy. Therefore, the main objective of this study is...

This report distils experiences from established offshore wind markets into key success factors to help emerging markets build successful offshore wind sectors. It is designed to share international good practice while recognizing the unique contexts of each country. The key factors described...

This paper provides an integrated analysis of multinational companies’ global production and innovation. We establish novel stylized facts using rich data on the network of production affiliates and patent activity of German multinationals. We rationalize these facts with a heterogeneous-firm...

This paper examines how offshoring affects worker skill demands and studies its implications for wage inequality. Using Danish administrative data, we find that offshoring increases firm-level demand for higher skills in occupations with high exposure to foreign competition. This effect is more...

Using confidential longitudinal firm-level trade data from Mexico (2015-2021), we examine whether the 2018-19 US-China trade war triggered adjustments in Global Value Chains (GVCs) and nearshoring to Mexico. Leveraging the abrupt US trade policy shift as a natural experiment, we construct...

This paper constructs homogeneous time series of global household offshore wealth covering the 2001–2023 period, during which major international efforts were implemented to curb offshore tax evasion. We find that: (i) global offshore wealth remained broadly stable as a fraction of global GDP...

The paper documents recent changes in trade flow dynamics between Mexico, the U.S. and China, focusing on the period around 2017-2023. Using product-level bilateral trade data, the paper studies recent trends in the composition of the origin of U.S. imports, notably that a reduction of imports...

This article examines the relationship between Donald Trump's presidential campaign narratives and the underlying economic realities they portray. Focusing on three campaign cycles from 2016, 2020 to 2024, the study juxtaposes Trump's audiovisual messaging on job outsourcing, reshoring, and...

Offshore wind is an important component of Europe’s energy and climate targets, but the EU and UK are falling short of their 2030 installation goals amid regulatory delays and rising costs. Meanwhile, Chinese original equipment manufacturers (OEMs) are competing in European tenders and...