The World Economy

1977 - 2025

Current editor(s): David Greenaway

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Volume 38, month 12, 2015

The Performance of Trading Firms in the Services Sectors – Comparable Evidence from Four EU Countries pp. 1809-1849

Joze Damijan, Stefanie Haller, Ville Kaitila, Crt Kostevc, Mika Maliranta, Emmanuel Milet, Daniel Mirza and Matija Rojec

Thick and Thin Borders in the European Union: How Deep Internal Integration is Within Countries, and How Shallow Between Them pp. 1850-1879

Nuria Gallego and Carlos Llano Verduras

Has Globalisation Affected Collective Bargaining? An Empirical Test, 1980–2009 pp. 1880-1911

Zohal Hessami and Thushyanthan Baskaran

Export Spillovers: Opening the Black Box pp. 1912-1946

Eliane Choquette and Philipp Meinen

Optimal Currency Composition for China's Foreign Reserves: A Copula Approach pp. 1947-1965

Zhichao Zhang, Li Ding, Fan Zhang and Zhuang Zhang

Who Gains From Nominal Devaluation? An Empirical Assessment of Euro-area Exports and Imports pp. 1966-1989

Sebastian Breuer and Jens Klose

Tariff-tax Reforms in Large Economies pp. 1990-2012

Giovanni Ganelli and Juha Tervala

Trade, Migration and Integration – Evidence and Policy Implications pp. 2013-2048

Andreas Hatzigeorgiou and Magnus Lodefalk

The Effect of GATT/WTO on Export and Import Price Volatility pp. 2049-2079

Vinh Cao and Lisandra Flach

Volume 38, month 11, 2015

Services Linkages and the Value Added Content of Trade pp. 1631-1649

Joseph Francois, Miriam Manchin and Patrick Tomberger

Open Skies over the Middle East pp. 1650-1681

Anca D. Cristea, Russell Hillberry and Aaditya Mattoo

Supply-chain Trade: A Portrait of Global Patterns and Several Testable Hypotheses pp. 1682-1721

Richard Baldwin and Javier Lopez-Gonzalez

Why Are Agricultural Goods Not Traded More Intensively: High Trade Costs or Low Productivity Variation? pp. 1722-1743

Kai Xu

Trade Costs in Bilateral Trade Flows: Heterogeneity and Zeroes in Structural Gravity Models pp. 1744-1762

Rosa Bernardini Papalia and Silvia Bertarelli

Trade Liberalisation and Capital Spending by US Manufacturers pp. 1763-1780

Benjamin Liebman and Kara Reynolds

The Impact of Exporting and Importing Goods and Services on Productivity in the UK pp. 1781-1794

Richard Harris and John Moffat

It Is Much Bigger Than What We Thought: New Estimate of Trade Diversion pp. 1795-1808

Juyoung Cheong, Do Won Kwak and Kam Ki Tang

Volume 38, month 10, 2015

Pursuing Economic Growth in Asia: The Environmental Challenge pp. 1487-1504

Euston Quah

Political Connections, Government Intervention and Acquirer Performance in Cross-border Mergers and Acquisitions: an Empirical Analysis Based on Chinese Acquirers pp. 1505-1525

Liuyong Yang and Jingjing Zhang

Export Survival in Global Production Chains pp. 1526-1554

David Córcoles, Carmen Diaz-Mora and Rosario Gandoy

Cheap Imports and the Loss of US Manufacturing Jobs pp. 1555-1573

Tom Kemeny, David Rigby and Abigail Cooke

The Relationship Between Communicable Diseases and FDI Flows: An Empirical Investigation pp. 1574-1593

Sucharita Ghosh and Francesco Renna

The Curse of Being Landlocked: Institutions Rather than Trade pp. 1594-1617

Fabrizio Carmignani

Strategic Interactions and Contagion Effects under Monetary Unions pp. 1618-1629

Paolo Canofari, Giovanni Di Bartolomeo and Giovanni Piersanti

Volume 38, month 09, 2015

Trade Policymaking in a Land‐locked Developing Country: The WTO Review of Nepal pp. 1335-1349

Kishor Sharma

Trade Policymaking in a Resource‐rich Landlocked Country: The WTO Review of Mongolia pp. 1350-1367

Kishor Sharma and Oyunbadam Davaakhuu

The Product Space Revisited: China's Trade Profile pp. 1368-1386

Benno Ferrarini and Pasquale Scaramozzino

How have Labour Market Developments Affected Labour Costs in China? pp. 1387-1408

Gaofeng Han and Wenlang Zhang

The Growing Economic Presence of China in the Caribbean pp. 1409-1437

Richard L. Bernal

Garment Industry in Sri Lanka and the Removal of GSP Plus by EU pp. 1438-1461

Jayatilleke S. Bandara and Athula Naranpanawa

Do Developing‐country WTO Members Receive More Aid for Trade (AfT)? pp. 1462-1485

Hyun-Hoon Lee, Donghyun Park and Meehwa Shin

Volume 38, month 08, 2015

Monetary, Financial and Fiscal Stability in the East African Community: Ready for a Monetary Union? pp. 1179-1204

Laetitia Lepetit, Clovis Rugemintwari and Frank Strobel

Innovation and Trade Policy Coordination: The Role of Firm Heterogeneity pp. 1205-1224

Antonio Navas and Davide Sala

Modes of Foreign Direct Investment and Patterns of Trade: An Alternative Empirical Approach pp. 1225-1245

Innwon Park and Soonchan Park

The Location Choices of Multinational Firms: The Role of Internationalisation Experience and Group Affiliation pp. 1246-1277

Alexandre Gazaniol

Globalisation and Obesity pp. 1278-1294

Dragan Miljkovic, Saleem Shaik, Silvia Miranda, Nikita Barabanov and Anais Liogier

Firm Heterogeneity and FDI in Distribution Services pp. 1295-1311

Kiyoyasu Tanaka

Retailer Supply Chain and Market Access: Evidence From French Agri-food Firms Certified with Private Standards pp. 1312-1334

Karine Latouche and Emmanuelle Chevassus-Lozza

Volume 38, month 07, 2015

Introduction to the Special Issue on Firm-level Aspects in International Economics of The World Economy pp. 1035-1036

Peter Egger

Trade and Unemployment Revisited: Do Institutions Matter? pp. 1037-1063

Stella Capuano and Hans-Joerg Schmerer

Export Experience of Managers and the Internationalisation of Firms pp. 1064-1089

Davide Sala and Erdal Yalcin

Financial Development and Sustainable Exports: Evidence from Firm-product Data pp. 1090-1114

Melise Jaud, Madina Kukenova and Martin Strieborny

Productivity and R&D as Drivers of Exports and Domestic Sales: Semi-parametric Evidence from French Firm-level Data pp. 1115-1129

Peter Egger, Katharina Erhardt and Andrea Lassmann

Firms' Export Dynamics: Experience Versus Size pp. 1130-1158

Antoine Berthou and Vincent Vicard

Green Havens and Pollution Havens pp. 1159-1178

Steven Poelhekke and Frederick (Rick) van der Ploeg

Volume 38, month 06, 2015

Foreign Market Entry Under Incomplete Contracts pp. 899-912

Tobias Seidel

The Gravity of China's African Export Promise pp. 913-934

Lauren A. Johnston, Stephen Morgan and Yuesheng Wang

Productivity Versus Employment: Quantifying the Economic Effects of an EU–Japan Free Trade Agreement pp. 935-961

Sebastian Benz and Erdal Yalcin

Foreign Direct Investment, Productivity, Demand for Skilled Labour and Wage Inequality: An Analysis of Uruguay pp. 962-983

Adriana Peluffo

Imports, Exports and the Firm Product Scope: Evidence From Turkey pp. 984-1005

Alessia Lo Turco and Daniela Maggioni

How are Exchange Rates Managed? Evidence of an Anchor-Based Heuristic pp. 1006-1014

Kang Chen and Chang Yee Kwan

Trade Liberalisation: The Effects of Free Trade Agreements on the Competitiveness of the Dairy Sector pp. 1015-1033

Catherine Couillard and Ekaterina Turkina

Volume 38, month 05, 2015

Monetary Policy Independence under Flexible Exchange Rates: An Illusion? pp. 773-787

Sebastian Edwards

Does Corporate Taxation Deter Multinationals? Evidence from a Historic Event in Ireland pp. 788-804

Holger Görg and Eric Strobl

Do Performance Measures of Donors' Aid Allocation Underperform? pp. 805-824

Paul Clist

Microdynamics of Turkey's Export Boom in the 2000s pp. 825-855

Tolga Cebeci and Ana Fernandes

External Debt, Labour Productivity Growth and Convergence: Evidence from Sub-Saharan Africa pp. 856-877

Evelyn Wamboye and Kiril Tochkov

The Macroeconomic Effects of the Canada–US Free Trade Agreement on Canada: A Counterfactual Analysis pp. 878-892

Lin Zhang, Zaichao Du, Cheng Hsiao and Hua Yin

Price-cost Margins and Economic Integration: How Important is the Pro-competitive Effect? pp. 893-898

Oscar Bajo-Rubio, Carmen Diaz-Roldan and Antonio Gómez-Plana

Volume 38, month 04, 2015

The Dynamic Linkages Among Exports, R&D and Productivity pp. 583-612

Juan A. Máñez, Maria E. Rochina-Barrachina and Juan A. Sanchis-Llopis

Foreign Technology Acquisition and Changes in the Real Exchange Rate pp. 613-628

Roberto Alvarez and Ricardo López Rago

Internal and External Knowledge and Introduction of Export Varieties pp. 629-654

Börje Johansson, Sara Johansson and Tina Wallin

Offshoring and Home Country R&D pp. 655-676

Patrik Karpaty and Patrik Tingvall

The Death of German Firms: What Role for Foreign Direct Investment? pp. 677-703

Chiara Franco and John P. Weche

New Methods for the Analysis of Links between International Firm Activities and Firm Performance: A Practitioner's Guide pp. 704-715

Joachim Wagner

The Impact of R&D Activities on Exports of German Business Services Enterprises: First Evidence from a Continuous Treatment Approach pp. 716-729

Helmut Fryges, Alexander Vogel and Joachim Wagner

The Joint Impact of Innovation and Knowledge Spillovers on Productivity and Growth for Exporting Firms pp. 730-750

Hans Lööf and Pardis Nabavi

Growing Lemons or Cherries? Pre and Post-acquisition Performance of Foreign-Acquired Firms in New EU Member States pp. 751-772

Joze Damijan, Crt Kostevc and Matija Rojec

Volume 38, month 03, 2015

The US Generalised System of Preferences in Principle and Practice pp. 399-424

Emily Blanchard and Shushanik Hakobyan

Supply Chains, Global Financial Shocks and Firm Behaviour towards Liquidity Needs pp. 425-444

Yothin Jinjarak

Trade Effects of the European Union's Service Directive: Contrasting ex ante Estimates with Empirical Evidence pp. 445-478

Bianka Dettmer

Offshoring, the Nature of Tasks, and Occupational Stability: Empirical Evidence for Germany pp. 479-508

Daniel Baumgarten

The Evidence on Globalisation pp. 509-552

Niklas Potrafke

Can the Euro Survive? pp. 553-567

Jamal Haidar

Efficiency Sorting Among Foreign Affiliates: Evidence From China pp. 568-581

Yasheng Chen, Ying Ge, Huiwen Lai and Qing Liu

Volume 38, month 02, 2015

New Competence Creation in Multinational Company Subunits: The Role of International Knowledge pp. 231-254

John Cantwell and Lucia Piscitello

Why Donors of Foreign Aid Do Not Coordinate: The Role of Competition for Export Markets and Political Support pp. 255-285

Andreas Fuchs, Peter Nunnenkamp and Hannes Öhler

Origin of Foreign Direct Investment and Firm Performance: Evidence from Foreign Acquisitions of Chinese Domestic Firms pp. 286-314

Fariha Kamal

Export Performance, Invoice Currency and Heterogeneous Exchange Rate Pass-through pp. 315-339

Richard Fabling and Lynda Sanderson

Current Accounts in the Long Run and the Intertemporal Approach: A Panel Data Investigation pp. 340-359

Mario Cerrato, Huseyin Kalyoncu, Naveed Hassan Naqvi and Christopher Tsoukis

Is India Specialising in Polluting Industries? Evidence from US-India Bilateral Trade pp. 360-378

Aparna Sawhney and Rashmi Rastogi

Globalisation, Institutional Reforms and Financial Development in East Asian Economies pp. 379-398

Siong Hook Law, Hui-Boon Tan and W.N.w Azman-Saini

Volume 38, month 01, 2015

A View through the Trade Window: North Korean Exports as an Indicator of Economic Capabilities pp. 1-20

Ran Jing and Mary Lovely

Identifying Determinants of Branch Performances in Agricultural Bank of China: A Spatial Econometric Approach pp. 21-47

Yi-Cheng Liu, Wen Yang and Chao-Cheng Mai

Migration and the Environment: Policy Reform in a Polluted Open Economy pp. 48-62

Chi-Chur Chao, Jean-Pierre Laffargue, Xiangbo Liu, Pasquale Sgro and YuChao Xiao

The China Growth Miracle: The Role of the Formal and the Informal Institutions pp. 63-90

Kenneth Chan, Xianxiang Xu and Yuanhua Gao

Corporate Voluntary Carbon Information Disclosure: Evidence from China's Listed Companies pp. 91-109

Juan Peng, Jianfei Sun and Rui Luo

Inequality, Saving and Global Imbalances: A New Theory with Evidence from OECD and Asian Countries pp. 110-135

Xinhua Gu, Baomin Dong and Bihong Huang

A Comparison of Optimal Tariffs and Welfare under No Lobbying, Domestic Lobbying and Domestic-foreign Lobbying pp. 136-150

Xianhai Huang, Mobing Jiang and Jie Li

Plant Location, Wind Direction and Pollution Policy Under Offshoring pp. 151-171

Laixun Zhao and Tetsugen Haruyama

Household Savings and Housing Prices in China pp. 172-192

Junmin Wan

Invoicing Currency in International Trade: An Empirical Investigation and Some Implications for the Renminbi pp. 193-229

Edwin Lai and Xiangrong Yu