World Economy

Article	Citations
Economic costs of the Russia‐Ukraine war	138
Pandemic trade: COVID‐19, remote work and global value chains	116
The hedge asset for BRICS stock markets: Bitcoin, gold or VIX	64
How important is GVC participation to export upgrading?*	50
Sending money home: Transaction cost and remittances to developing countries	38
Trade policy responses to the COVID‐19 pandemic crisis: Evidence from a new data set	37
How COVID‐19 vaccine supply chains emerged in the midst of a pandemic	37
Exploring the driving mechanism and the evolution of the low‐carbon economy transition: Lessons from OECD developed countries	35
Estimating the economic effects of sanctions on Russia: An Allied trade embargo	35
The trade impact of the COVID‐19 pandemic	31
COVID‐19, trade collapse and GVC linkages: European experience	30
Global value chain participation and its impact on industrial upgrading	30
Globalisation, economic uncertainty and labour market regulations: Implications for the COVID‐19 crisis	28
Cutting Russia's fossil fuel exports: Short‐term economic pain for long‐term environmental gain	26
The electric vehicle revolution: Critical material supply chains, trade and development	24
Evaluating the cumulative impact of the US–China trade war along global value chains	24
On the trade effects of bilateral SPS measures in developed and developing countries	23
Implications of foreign direct investment, capital formation and its structure for global value chains	22
Cling together, swing together: The contagious effects of COVID‐19 on developing countries through global value chains	21
Foreign direct investment and regional innovation: Evidence from China	21
Simulating the trade effects of the COVID‐19 pandemic	20
Who sends me face masks? Evidence for the impacts of COVID‐19 on international trade in medical goods	20
Export quality dynamics: Multidimensional evidence of financial development	19
Do stock markets play a role in determining COVID‐19 economic stimulus? A cross‐country analysis	19
‘Regionalism’ and the global trade system	19

Towards a dynamic model of the industrial upgrading with global value chains	17
Informal sector and mobile financial services in emerging and developing countries: Does financial innovation matter?	17
Does economic globalisation promote economic growth? A meta‐analysis	17
Demand and supply exposure through global value chains: Euro‐Mediterranean countries during COVID	16
The role of human capital in structural change and growth in an open economy: Innovative and absorptive capacity effects	16
Firms persistence under sanctions:Micro‐levelevidence from Iran	16
Firm productivity and functional specialisation	16
Internationalisation of education and its effect on economic growth and development	15
COVID‐19 and tourism: What can we learn from the past?	15
Previous experience, experimentation and export survival: Evidence from firm‐product‐destination level data	14
New driving force for China’s import growth: Assessing the role of cross‐border e‐commerce	14
War in Ukraine: The options for Europe's energy supply	14
Robustness and resilience of supply chains during the COVID‐19 pandemic	12
Modelling global value chains: From trade costs to policy impacts	12
Trade agreements and Latin American trade (creation and diversion) and welfare	12
The trade effects of the African Continental Free Trade Area: An empirical analysis	12
The European Union's reform in rules of origin and international trade: Evidence from Cambodia	12
Financial development and natural resources: The dynamics of China’s outward FDI	12
Inflation targeting adoption and institutional quality: Evidence from developing countries	12
What do multinationals do? The structure of multinational firms’ international activities	12
Do exporters have markup premiums and why (not)? Evidence from China	11
COVID‐19, public procurement regimes and trade policy	11
Investment incentives and leverage: Evidence from China’s accelerated depreciation policy	11
Trade in Small Arms and Light Weapons: Are embargoes effective?	11
Trade agreements and participation in global value chains: Empirical evidence from Latin America	11
Trade liberalisation and trade and capital flows: Evidence from China pilot free trade zones	10
Green tech race? The US Inflation Reduction Act and the EU Net Zero Industry Act	10
Determinants of foreign direct investment from Europe to Asia	10
Labour demand in global value chains: Is there a bias against unskilled work?	10
Imports and credit rationing: A firm‐level investigation	10
Export structure, import demand elasticity and export stability	10
Fiscal incentives and land finance cycles of prefectures in China	9
The impact of conflict and political instability on banking crises in developing countries	9
Exposure to trade disruptions in case of the Russia–Ukraine conflict: A product network approach	9
Global macroeconomic impacts of demographic change	9
Technical regulation and trade: Export quality matters	9
Be good to thy neighbours: A spatial analysis of foreign direct investment and economic growth in sub‐Saharan Africa	9
Financial structure and earnings manipulation activities in China	8
Multinationals and domestic total factor productivity: Competition effects, knowledge spillovers and foreign ownership	8
The spillover effect of trade policy along the value Chain: Evidence from China's rare earth‐related sectors	8
When does foreign direct investment lead to inclusive growth?	8
Export volatility with trade policy uncertainty: Evidence from China*	8
Markups of Chinese exporters: Export discount and product choice	8
Talent development and labour market integration in European football	8
Belt and road initiative and Chinese cross‐border mergers and acquisitions	8
Does servicification of manufacturing increase the GVC activities of firms? Case of India	8
Infrastructure and intra‐regional trade in Africa	8
Covid‐19 in America: Global supply chain reconsidered	8
Commitment behaviour in the World Trade Organization's Trade Facilitation Agreement	7
Asymmetric cultural proximity and greenfield foreign direct investment	7

Catalysing regional integration in Africa: The role of infrastructure	7
Development strategies for middle‐income countries in a digital world—Insights from modern trade economics	7
U.S.–China trade war and corporate reallocation: Evidence from Chinese listed companies	7
How did Brexit impact EU trade? Evidence from real data	7
COVID‐19 and global value chains: A discussion of arguments on value chain organisation and the role of the WTO	7
What drives updates of inflation expectations? A Bayesian VAR analysis for the G‐7 countries	7
Global value chains, trade shocks and jobs: An application to Brexit	7
Geopolitical risks and financial stress in emerging economies	7
UK trade in the time of COVID‐19: A review	7
Internet and firms’ exports and imports: Firm level evidence from China	7
Spatial equilibrium analysis of Chinese tariff on world cotton markets	7
Traders' dilemma: Developing countries' response to trade wars	7
The COVID‐19 pandemic and trade in agricultural products	7
The effect of restrictive measures on cross‐border investment in the European Union	7
The ‘Forgotten’ middle class: An analysis of the effects of globalisation	7
The glass border: Gender and exporting in developing countries	7
The proximity‐concentration trade‐off with multi‐product firms: Are exports and FDI complements or substitutes?	6
Do political relations affect exports to China? Evidence from the ‘Quad’	6
The effects of digital trade policies on digital trade	6
China's anti‐corruption campaign and outward foreign direct investment by state‐owned enterprises	6
Bilateral servicification in global value chains and deep trade agreements	6
Political stability and fiscal consolidation in sub‐Saharan African countries	6
The impacts of the World Trade Organization on new members	6
What drives most jumps in global crude oil prices? Fundamental shortage conditions, cartel, geopolitics or the behaviour of financial market participants	6
Reduced ‘Border effects’, Free Trade Agreements and international trade	6
Cross‐country linkages between ASEAN and non‐ASEAN‐RCEP member states: A global VAR analysis	6
The impact of political relations on international trade: China–Philippines island dispute as a quasi‐natural experiment	6
The impact of export VAT rebates on firm productivity: Evidence from China	6
Geopolitical competition, globalisation and WTO reform	6
The U.S.‐Canadian trade and exchange rate uncertainty: Asymmetric evidence from commodity trade	6
Supply spillovers during the pandemic: Evidence from high‐frequency shipping data	6
Trade destruction and deflection effects of US‐China trade frictions on China’s tariff‐targeted products	6
Global supply chains, trade agreements and rules of origin	6
Regional integration and non‐tariff barriers to Intra‐Sub‐Saharan Africa trade	6
How do digital trade rules affect global value chain trade in services?—Analysis of preferential trade agreements	5
How COVID‐19 travels in‐ and outside of value chains and then affects the stock market: Evidence from China	5
Foreign direct investment and onshore employment dynamics: Evidence from German firms with affiliates in the Czech Republic	5
Fiscal transfers and economic convergence: Evidence from China	5
Trade facilitation in the presence of non‐independent impediments	5
A new look to the tourism and economic growth nexus: A clustering and panel causality analysis	5
Environmental benefit gain from exporting: Evidence from Vietnam	5
Trade development and agricultural productivity change: Evidence from China	5
Does the belt and road initiative stimulate Chinese exports? Evidence from micro data	5
The determinants of air cargo flows and the role of multinational agreements: An empirical comparison with trade and air passenger flows	5
Vertical specialisation and gains from trade	5
The effectiveness of embargoes: Evidence from Russia	5
Estimating the ex‐ante and the ex‐post effects of Chinese outward FDI	5
On the relationship between trade openness and government size	5
Undercurrents in the world economy: Evolving global investment flows in the South	5
On COVID‐19 pandemic and China’s foreign trade	5
The nexus between natural disasters, supply chains and trade—Revisiting the role of preferential trade agreements in disaster risk reduction	5
The impact ofCOVID‐19 on international tourism flows to Italy: Evidence from mobile phone data	5
The impact of employment protection onFDIat different stages of economic development	5
Services trade policy and industry performance in African economies	5
Nigeria and the AfCFTA as a two‐level game	4
External imbalances from a GVAR perspective	4
Job creation and job destruction: The effect of trade shocks on U.S. manufacturing employment	4
Development aid and illicit capital flight: Evidence from Nepal	4
Free trade agreements partnership and value chain linkages: Evidence from China	4
Economic drivers of public procurement‐related protection	4
Location choice determinants of Chinese and US firms in Africa: Does spatial interdependence play a role?	4
The China syndrome: A cross‐country evidence	4
International investment agreements and foreign direct investment: A survey	4
Cutting red tape for trade in services	4
Threshold effects of openness on real and nominal effective exchange rates in emerging and developing economies	4
Revisiting the nexus between globalisation and the shadow economy: Untying the influences of de jure versus de facto globalisation	4
The internationalisation of Chinese firms: Impact of FDI experience on export performance	4
Foreign demand shocks, product switching, and export product quality: Evidence from China	4
Exchange rates and foreign direct investment: Evidence from Chinese firm‐level data	4
Trade liberalisation and the extensive margin of differentiated goods: Evidence from China*	4
COVID‐19 test‐kit trade and trade policy: Implications for developing countries	4
Exchange rate volatility and commodity trade between United States and Australia: An asymmetric analysis	4
The impact of climate change on international trade: A gravity model estimation	4
An account of the exporter wage gap: Wage structure and composition effects across the wage distribution	4
GATT/WTO membership–poverty nexus: An unconditional quantile regression approach	4
The impact of economic hardships on the intent to migrate: Micro‐level evidence from Venezuela	4
Foreign firm characteristics, labour market restrictions and FDI spillovers: Evidence from Moldova	4
Towards input–output‐based measurements of trade creation and trade diversion	4
The impact of summit visits on bilateral trade: Empirical evidence from China	4
How Central Asia to Escape from trade isolation?: Policy targeted scenarios by CGE modelling	4

The effect of exports on labour share: A semiparametric approach using Chinese manufacturing panel data	4
The trade‐GDP ratio as a measure of openness	4
Productivity and wage effects of firm‐level upstreamness: Evidence from Belgian linked panel data	4
The MENA region's need for more democracy and less bureaucracy: A gravity model controlling for aspects of governance and trade freedom in MENA	4
Competitiveness and diversification of services exports in sub‐Saharan Africa	4
Inflation comovements in advanced economies: Facts and drivers*	4
Productivity effects of corporate income tax: Evidence from China	4
Innovative R&D offshoring in North–South trade: Theory and evidence	4
Measuring the input rank in global supply networks	3
Structural change and trade openness in sub‐Saharan African countries	3
The challenging estimation of trade elasticities: Tackling the inconclusive Eurozone evidence	3
Labour‐saving automation: A direct measure of occupational exposure	3
Financial development, reallocation and growth: Firm heterogeneity matters	3
Are capital inflow bonanzas a common precursor to banking crises? A categorical data analysis	3
Productivity effects of trade in natural resources—comparison with mechanisms of technological specialisation	3
Dependence structure between oil and other commodity futures in China based on extreme value theory and copulas	3
Network‐adjusted market share and the currency denomination of trade	3
COVID‐19, trade and trade policy	3
Backcasting world trade growth using data reduction methods	3
Global value chains and the CPTPP	3
Complexity, tacit knowledge and the scope for technological catch‐up	3
Rules of origin and consumer‐hurting free trade agreements*	3
Land regulations, innovation and productivity: Firm‐level evidence from China	3
Quality of imported intermediates, innovation behaviour and markups: Firm‐level evidence from China	3
Merchandise export diversification strategy for Tanzania: Promoting inclusive growth, economic complexity and structural change	3
Firm‐level characteristics and the impact of COVID‐19: Examining the effects of foreign ownership and international trade	3
Do imports of intermediate inputs generate higher productivity? Evidence from Ecuadorian manufacturing firms	3
Optimum financial areas: Retooling the governance of global finance	3
Does the depth of trade agreements matter for trade in services?	3
Explaining the global landscape of foreign direct investment: Knowledge capital, gravity, and the role of culture and institutions	3
Producer service foreign direct investment and pollution in China	3
Non‐Price Competitiveness Factors—A simple measure and implications for the five largest euro area countries	3
The impact of free trade agreements on Middle East and North Africa exports of intermediate and final goods	3
Fiscal competition for foreign direct investment with knowledge spillovers and trade costs	3
Geopolitical conflicts, sanctions and international knowledge flows: EU–Russia collaboration during the Ukraine crisis	3
Fiscal multipliers and structural economic characteristics: Evidence from countries in sub‐Saharan Africa	3
Trade direction, market access and regional wage inequality: An explanation based on asymmetric trade costs	3
The heterogeneous effects of trade policy on trade resilience during the 2020 trade downturn	3
Global value chains and female employment: The evidence from Vietnam	3
The socioeconomic impact of Special Economic Zones: Evidence from Cambodia	3
Features and evolution of the ‘Belt and Road’ regional value chain: Complex network analysis	3
How special are special economic zones: Evidence from South Asia	3
Endogenous transport costs and international trade	3
Do deep regional trade agreements strengthen anti‐corruption? A social network analysis	3
Real exchange rate shocks and new product margins in the export market	3
Experience and market signals in export entry decisions	3
Revisiting economic effectiveness of foreign aid: The case of Japanese aid to China	3
Digital intensity, trade costs and exports' quality upgrading	2
Convex vacancy creation costs and on‐the‐job search in a global economy	2
EU agriculture under an import stop for food and feed	2
The heterogeneous effects of trade agreements with labour provisions	2
Product‐level estimates of exchange rate pass‐through: Evidence from Turkey*☆	2
Endogenous transport price, R&D spillovers, and trade	2
The pro‐competitive effects of foreign firm entry: Evidence from the Korean retail sector	2
The enhancing effect of imports of intermediate inputs on firms' exports	2
Speculative attacks and investor attention	2
Foreign direct investment and product quality in host economies	2
Corruption, tax reform and fiscal space in emerging and developing economies	2
Let us misinvoice more? The effect ofde jurecapital controls on trade misinvoicing	2
Prudential regulation and bank solvency based on flexible distributions: An example for evaluating the impact of monetary policy	2
Manufacturing and service‐sector productivity in Turkey: A perspective from firm‐level data	2
Another history of global financial markets: Local stock market integration since 1913 from a network perspective	2
Intellectual property rights and trade: The exceptional case of GMOs	2
The rise of GCC‐East Asian trade: A cointegration approach to analysing trade relationships	2
Can Central Banks circumvent the impossible trinity within their operational frameworks? Theory and evidence	2
African economic integration and trade	2
Who starts the trade war? A theory of export controls and quid pro quo	2
Global implications of a US‐led currency war	2
Industrial plans, export destinations and product quality	2
Alternative measures of price inflation and the perception of real income in Germany	2
Ripple effects in regional value chains: Evidence from an episode of the US–China trade war	2
International trade, intellectual property rights and the (un)employment of migrants	2
Cross‐border M&As and the performance of Chinese acquiring firms	2
Natural disasters, climate change, and structural transformation: A new perspective from international trade	2
Matrix completion of world trade: An analysis of interpretability through Shapley values	2
Globalisation and carbon dioxide emissions inequality in OECD countries	2
The international service trade effects of bilateral investment treaties	2
Effects of monetary policy shocks on exchange rate in emerging countries	2
Epidemic outbreak and foreign direct investment fluctuation	2
The Chinese‐style macroeconomic control: The role of state‐owned enterprises	2
The foreign aid and remittance nexus: Evidence from South Asia	2
The effects of domestic labour mobility on trade agreements: Empirical evidence	2
The exports of higher education services from OECD countries to Asian countries: A gravity approach	2
Drivers of financial globalisation: The role of informational frictions	2
How to escape from the debt trap: Lessons from the past	2
Emission reduction and value‐added export nexus at firm level	2
Employment protection and FDI revisited: New evidence from micro data*	2
China's impact on regional employment: Propagation through input–output linkages and co‐location patterns	2
Economist as public intellectual: Max Corden’s journey through life	2
Services' trade in Africa: Structure and growth	2
Uncertainty of supply chains: Risk and ambiguity	2
So close, no matter how far: A spatial analysis of CO2 emissions considering geographic and economic distances	2
Globalisation and the fall of markups	2
COVID‐19, services trade and greenfield investment in ASEAN+6	2
Export as shelter from domestic corruption: Theory and evidence from developing countries	2