The World Economy

1977 - 2025

Current editor(s): David Greenaway

From Wiley Blackwell
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Volume 48, month 06, 2025

Trade Margins and Firm‐Level Responses to Global Shocks: A Comparative Analysis of the 2008 Global Financial Crisis and COVID‐19 Pandemic in Kenya pp. 1194-1215

Majune Kraido Socrates and Kemal Türkcan

Manufacturing Input Servitization, Firm Innovation, and Export: Evidence From China pp. 1216-1236

Linhui Yu, Ruoxi Liu and Sai Wang

Expropriation Without Compensation: Copper in Chile, 1970–1973 pp. 1237-1250

Sebastian Edwards

Social Clauses in Free Trade Agreements: An Efficient Tool to Improve Labour Standards? pp. 1251-1281

Rémi Bazillier and Arslan Tariq Rana

Have Robots Grounded the Flying Geese? Evidence From Greenfield FDI Announcements pp. 1282-1296

Mary Hallward‐Driemeier and Gaurav Nayyar

Upskilling China: Implications for Middle‐Income Economies pp. 1297-1320

Varan Kitayaporn and Ian Coxhead

Immigration Lobbying and Hold‐Up in Investment pp. 1321-1332

Atisha Ghosh

Similarity of NTMs and Its Impact on Import Unit Values pp. 1333-1350

Aadil Nakhoda

Exporters in Services: A Look at US Exporters Outside of the Manufacturing Sector pp. 1351-1375

Maria Domenica Tito

The Transmission of Trade Shocks Across Countries: Firm‐Level Evidence From the Covid‐19 Crisis pp. 1376-1404

Konstantins Beņkovskis, Jaanika Meriküll and Aurelija Proškute

Global Natural Gas Market Integration: The Role of LNG Trade and Infrastructure Constraints pp. 1405-1417

Markos Farag, Samir Jeddi and Jan Hendrik Kopp

Foreign Import Competition and Green Innovation: The Impact of Chinese Trade Exposure on Technical Change in Europe pp. 1418-1441

Paolo Bonnet and Alessandro Olper

Volume 48, month 05, 2025

Pre‐Crisis Conditions and Financial Crisis Duration pp. 997-1019

Thanh Cong Nguyen and Tien Ho Thuy

Keep Calm and Make a Blacklist: Child Labour and International Trade pp. 1020-1042

Flavia Cifarelli

China Syndrome and Local Labor Markets: Sectoral Reallocation and Job Quality pp. 1043-1059

Jaehong Choi, Hyunbae Chun, Jung Hur and Nyeong Seon Son

Special Economic Zone and Local Economic Performance in China: Evidence From Tianjin pp. 1060-1071

Zaichao Du, Linnan Ge, Bing Li, Pei Pei and Lei Zhou

Public Attitudes Towards Globalisation and Socio‐Economic Factors: Empirical Evidence From the Eurobarometer Survey pp. 1072-1087

Yoo‐Duk Kang

Firm‐Level Concentration of Chinese Exports in Individual Markets pp. 1088-1107

Xuebing Yang

The Impact of International Students on UK Trade of Cultural Goods pp. 1108-1126

Yuheng Lin, Dooruj Rambaccussing and Yu Zhu

Foreign Direct Investment and Quality‐Upgrading Spillovers in Indonesia pp. 1127-1138

Hisamitsu Saito and Toshiyuki Matsuura

Global Value Chain Disruptions During the COVID‐19 Pandemic: Korean Firm‐Level Evidence pp. 1139-1155

Hyejoon Im

Improving Exports: Quasi‐Experimental Evidence From the Ethiopia Commodity Exchange pp. 1156-1173

Dessie Tarko Ambaw, Habtamu Edjigu and Nicholas Sim

Brexit and Pound's International Trade Competitiveness: A Counterfactual Analysis pp. 1174-1191

Yichen Gao and Fenfang Cui

Volume 48, month 04, 2025

Exchange Rate Pass‐Through in Asia: Assessing the Relevance of the Inflation Targeting Framework pp. 672-689

Bushra Naqvi, Syed Kumail Abbas Rizvi, Nawazish Mirza and Irfan Kazi

Sanctions and Global Collaboration in Innovative Activities pp. 690-724

Sahar Milani and Linh Pham

COVID‐19, Import Relationships and New Formation: Evidence From Colombian Importers pp. 725-741

Ben Hamilton

Export diversification and macroeconomic shocks pp. 742-778

Balázs Zélity

Chinese Characteristics of ESG Under Market Competition and Globalisation pp. 779-800

Ruohan Wu, Zheng Jiang and Huimin Shi

Analyzing Asymmetry in Exchange Rates of Arctic Nations in Response to Oil Price Shocks pp. 801-812

Jungho Baek

Transport Infrastructure and Patterns of Trade in the Philippines pp. 813-830

Eugenia Go

International Production and Industrial Transformation: The Singapore Story pp. 831-846

Prema‐Chandra Athukorala and Asanthe Ekanayake

How Stock Prices Behave in Response to Institutional Development: A Four‐Factor Asset Pricing Model pp. 847-861

Abida Hafeez, Tahir Saeed Jagirani, Anthony K. Hunt, Ayesha Hameed, Sarmad Ejaz and Faisal Ejaz

Korea–China Trade Dynamics: Exploring the Role of Crude Oil Prices pp. 862-885

Jungho Baek and Soojoong Nam

Revisiting Trade and Income in the New Era of Globalisation—Distance, Big Boats and Natural Barriers to Trade pp. 886-921

Anil Gogebakan

Heterogeneous impacts of regional trade liberalisation on export entry and training: A multi‐destination perspective pp. 922-960

Castiel Chen Zhuang, Chujian Shao and Qiliang Chen

Industrial Chain Risk Exposure and Economic Volatility: A Framework Incorporating Foreign‐Invested Enterprises pp. 961-980

Siyi Peng and Daocheng Zhong

Crops, Culture and Complexity pp. 981-993

James B. Ang

Volume 48, month 03, 2025

Growing beyond trade: Export shocks and the spatial expansions of bank branching pp. 416-449

Jie Li and Angdi Lu

Brexsea Trade and Uncertainty: Impact of Brexit on Seafood Exports pp. 450-459

Nita Santika, Atle Oglend, Hans‐Martin Straume and Frank Asche

Does trade facilitation contribute to export product quality upgrading in China? pp. 460-499

Chunying Li and Hao Shen

Exports and foreign direct investment in the presence of downside risk pp. 500-534

Navruz Khotamov

Exchange rate undervaluation and African surges: What do we learn from exported products? pp. 535-574

Camille da Piedade, Luc Jacolin and Patrick Plane

Long‐term orientation and outward foreign direct investment: Evidence from Chinese listed firms pp. 575-597

Bowen Cheng and Baomin Dong

The economic costs of supply chain decoupling pp. 598-627

Maria‐Grazia Attinasi, Lukas Boeckelmann and Baptiste Meunier

Covid‐19 pandemic and its impact on capital and output distortions: Evidence from China pp. 628-669

Chuanglian Chen, Yixin Li, Jingqun Shan and Shujie Yao

Volume 48, month 02, 2025

How do export credit services shape firm growth? pp. 214-237

Jung Hur and Haeyeon Yoon

Has trade facilitation of the ‘Belt and Road’ countries promoted China's cross‐border E‐commerce exports? pp. 238-266

Ping Guo, Hanny Zurina Hamzah and Chin Lee

Local credit and international trade pp. 267-299

Joseph Vavrus and Nan Xu

Why is the Roy–Borjas model unable to predict international migrant selection on education? Evidence from urban and rural Mexico pp. 300-322

Stefan Leopold, Jens Ruhose and Simon Wiederhold

Foreign competition and export diversification: Evidence from domestic firms in China pp. 323-346

Xuefeng Wang, Haiyun Liu and Lixia Wang

Globalisation and national commodity cycles: The case of wine in Australia pp. 347-372

Kym Anderson

The spillover effect of global uncertainty through input–output linkage pp. 373-401

Soonchan Park and Innwon Park

Quality competition between traditional and online sellers pp. 402-413

Yoonho Choi and E. Kwan Choi

Volume 48, month 01, 2025

New Editorial Team for The World Economy pp. 2-2

David Greenaway and Chris Milner

Beyond coercion: Weaker states' domestic political motivations for political clauses in preferential trade agreements pp. 3-26

Lisa Lechner and Joonseok Yang

A better environment at the expense of export growth: A supply‐chain linkage perspective pp. 27-59

Xinghua Deng, Li Shu and Wei Wang

The pro‐competitive effects of indirect export exposures: Evidence from China pp. 60-89

Jie Li and Angdi Lu

Border carbon adjustment (BCA) and heterogeneous firms trade pp. 90-118

Minsu Kim

Carbon border adjustments or climate clubs: Impacts on African agricultural sectors under different cooperative scenarios pp. 119-152

Andrea M. Bassi, Francesco Calciolari, Valeria Costantini, Mariagrazia D'Angeli and Elena Paglialunga

FDI and product and process innovation of SMEs in Vietnam: The role of institutions pp. 153-187

Minh Ngoc Nguyen, Sizhong Sun and Riccardo Welters

Public health emergencies and international trade in the context of global value chains: Evidence from COVID‐19 in China pp. 188-212

Bo Lu, Xiaohua Bao and Cai Wang