World Economy

Article	Citations
Pandemic trade: COVID‐19, remote work and global value chains	93
Economic costs of the Russia‐Ukraine war	71
Inter‐country distancing, globalisation and the coronavirus pandemic	58
The hedge asset for BRICS stock markets: Bitcoin, gold or VIX	55
Does economic globalisation affect income inequality? A meta‐analysis	52
Sicken thy neighbour: The initial trade policy response to COVID‐19	49
Friends like this: The impact of the US–China trade war on global value chains	40
The environmental effect of trade liberalization: Evidence from China's manufacturing firms	38
How important is GVC participation to export upgrading?*	36
Trade policy responses to the COVID‐19 pandemic crisis: Evidence from a new data set	33
Analysis of Bitcoin prices using market and sentiment variables	29
Does corruption boost or harm firms’ performance in developing and emerging economies? A firm‐level study	29
Exploring the driving mechanism and the evolution of the low‐carbon economy transition: Lessons from OECD developed countries	28
How trade and investment agreements affect bilateral foreign direct investment: Results from a structural gravity model	27
Rethinking international subsidy rules	27
Sending money home: Transaction cost and remittances to developing countries	26
How COVID‐19 vaccine supply chains emerged in the midst of a pandemic	25
Globalisation, economic uncertainty and labour market regulations: Implications for the COVID‐19 crisis	24
Does globalisation alleviate polarisation?	23
Testing the asymmetric effects of exchange rate pass‐through in BRICS countries: Does the state of the economy matter?	23
What goes around comes around: The effects of sanctions on Swedish firms in the wake of the Ukraine crisis	22
The impact of foreign direct investment on host country exports: A meta‐analysis	21
The trade impact of the COVID‐19 pandemic	21
Evaluating the cumulative impact of the US–China trade war along global value chains	21
Cutting Russia's fossil fuel exports: Short‐term economic pain for long‐term environmental gain	20

Implications of foreign direct investment, capital formation and its structure for global value chains	19
COVID‐19, trade collapse and GVC linkages: European experience	19
Global value chain participation and its impact on industrial upgrading	18
Globalisation and government spending: Evidence for the ‘hyper‐globalisation’ of the 1990s and 2000s	18
Cling together, swing together: The contagious effects of COVID‐19 on developing countries through global value chains	17
Estimating the economic effects of sanctions on Russia: An Allied trade embargo	17
Do stock markets play a role in determining COVID‐19 economic stimulus? A cross‐country analysis	16
On the trade effects of bilateral SPS measures in developed and developing countries	16
Simulating the trade effects of the COVID‐19 pandemic	16
Fending off waste from the west: The impact of China's Operation Green Fence on the international waste trade	15
Development aid and international migration to Italy: Does aid reduce irregular flows?	15
‘Regionalism’ and the global trade system	15
Internationalisation of education and its effect on economic growth and development	15
Export quality dynamics: Multidimensional evidence of financial development	14
Who sends me face masks? Evidence for the impacts of COVID‐19 on international trade in medical goods	14
Conform or challenge? Adjustment strategies of sanction‐torn companies	14
Towards a dynamic model of the industrial upgrading with global value chains	14
A new index of globalisation: Measuring impacts of integration on economic growth and income inequality	13
Foreign direct investment and regional innovation: Evidence from China	13
COVID‐19 and tourism: What can we learn from the past?	13
Modelling the impact of non‐tariff measures on supply chains in ASEAN	13
New empirical evidence on CEE's stock markets integration	13
The gravity model and trade in intermediate inputs	12
Firm productivity and functional specialisation	12
Previous experience, experimentation and export survival: Evidence from firm‐product‐destination level data	12
Does economic globalisation promote economic growth? A meta‐analysis	12
Are exporters more environmentally friendly? A re‐appraisal that uses China’s micro‐data	11
Fiscal incentives and local tax competition: Evidence from China	11
Financial globalisation and the labour share in developing countries: The type of capital matters	10
Demand and supply exposure through global value chains: Euro‐Mediterranean countries during COVID	10
Informal sector and mobile financial services in emerging and developing countries: Does financial innovation matter?	10
The not‐so‐generalised effects of the Generalized System of Preferences	10
New driving force for China’s import growth: Assessing the role of cross‐border e‐commerce	10
US trade deficit, a reality check: New evidence incorporating asymmetric and non‐linear effects of exchange rate dynamics	10
Do fluctuations in crude oil prices have symmetric or asymmetric effects on the real exchange rate? Empirical evidence from Indonesia	10
Determinants of foreign direct investment from Europe to Asia	10
Effects of the comprehensive and progressive agreement for trans‐pacific partnership	10
Trade agreements and participation in global value chains: Empirical evidence from Latin America	10
COVID‐19, public procurement regimes and trade policy	10
Trade agreements and Latin American trade (creation and diversion) and welfare	9
Do exporters have markup premiums and why (not)? Evidence from China	9
Inflation targeting adoption and institutional quality: Evidence from developing countries	9
Export quality differentiation under credit constraints	9
Trade in intangibles and the global trade imbalance	9
Investment incentives and leverage: Evidence from China’s accelerated depreciation policy	9
Patterns of trade restrictiveness in online platforms: A first look	9
The electric vehicle revolution: Critical material supply chains, trade and development	9
EMU and trade: A PPML re‐assessment with intra‐national trade flows	9
Modelling global value chains: From trade costs to policy impacts	9
The European Union's reform in rules of origin and international trade: Evidence from Cambodia	8

Does aid for trade promote import diversification?	8
Imports and credit rationing: A firm‐level investigation	8
Regulatory barriers to trade in services: A new database and composite indices	8
War in Ukraine: The options for Europe's energy supply	8
Re‐estimating the effect of heterogeneous standards on trade: Endogeneity matters	8
Robustness and resilience of supply chains during the COVID‐19 pandemic	8
The determinants of real exchange rate volatility in South Africa	8
The role of human capital in structural change and growth in an open economy: Innovative and absorptive capacity effects	8
Trade in Small Arms and Light Weapons: Are embargoes effective?	8
UK trading patterns within and between regions in the automotive sector—A network analysis	8
Coping with the crisis and export diversification	7
The ‘Forgotten’ middle class: An analysis of the effects of globalisation	7
South Korea’s outward direct investment and its dyadic determinants: Foreign aid, bilateral treaty and economic diplomacy	7
Aid, growth and institutions in Sub‐Saharan Africa: New insights using a multiple growth regime approach	7
Be good to thy neighbours: A spatial analysis of foreign direct investment and economic growth in sub‐Saharan Africa	7
Firms persistence under sanctions:Micro‐levelevidence from Iran	7
Spatial equilibrium analysis of Chinese tariff on world cotton markets	7
Financial development and natural resources: The dynamics of China’s outward FDI	7
Global macroeconomic impacts of demographic change	7
Labour demand in global value chains: Is there a bias against unskilled work?	7
Markups of Chinese exporters: Export discount and product choice	7
Mars or Mercury redux: The geopolitics of bilateral trade agreements	6
Reduced ‘Border effects’, Free Trade Agreements and international trade	6
Commitment behaviour in the World Trade Organization's Trade Facilitation Agreement	6
Talent development and labour market integration in European football	6
Asymmetric cultural proximity and greenfield foreign direct investment	6
The U.S.‐Canadian trade and exchange rate uncertainty: Asymmetric evidence from commodity trade	6
The economic and social costs of globalisation: A target zone analysis	6
UK trade in the time of COVID‐19: A review	6
Catch‐up industrial policy and economic transition in China	6
Performance estimation of a wind farm with a dependence structure between electricity price and wind speed	6
Export structure, import demand elasticity and export stability	6
The trade facilitation impact of the Chinese diaspora	6
What do multinationals do? The structure of multinational firms’ international activities	6
Supply spillovers during the pandemic: Evidence from high‐frequency shipping data	6
Export volatility with trade policy uncertainty: Evidence from China*	6
Global supply chains, trade agreements and rules of origin	6
Fast & furious: Do psychological and legal factors affect commodity price volatility?	6
The trade effects of the African Continental Free Trade Area: An empirical analysis	6
Does private aid follow the flag? An empirical analysis of humanitarian assistance	6
What drives updates of inflation expectations? A Bayesian VAR analysis for the G‐7 countries	6
Undercurrents in the world economy: Evolving global investment flows in the South	5
Does servicification of manufacturing increase the GVC activities of firms? Case of India	5
Foreign direct investment and onshore employment dynamics: Evidence from German firms with affiliates in the Czech Republic	5
Multinationals and domestic total factor productivity: Competition effects, knowledge spillovers and foreign ownership	5
The impact of export VAT rebates on firm productivity: Evidence from China	5
When does foreign direct investment lead to inclusive growth?	5
Catalysing regional integration in Africa: The role of infrastructure	5
Technological spillovers from multinational firms	5
The African Growth and Opportunity Act and growth in sub‐Saharan Africa: A local projection approach	5
Trade destruction and deflection effects of US‐China trade frictions on China’s tariff‐targeted products	5
Does value chain integration dampen producer price developments? Evidence from the European Union	5
The impact of conflict and political instability on banking crises in developing countries	5
Global value chains, trade shocks and jobs: An application to Brexit	5
Financial structure and earnings manipulation activities in China	5
The effect of restrictive measures on cross‐border investment in the European Union	5
Fiscal incentives and land finance cycles of prefectures in China	5
The spillover effect of trade policy along the value Chain: Evidence from China's rare earth‐related sectors	5
US–China rivalry: The macro policy choices	5
Covid‐19 in America: Global supply chain reconsidered	4
Infrastructure and intra‐regional trade in Africa	4
Inflation comovements in advanced economies: Facts and drivers*	4
Do political relations affect exports to China? Evidence from the ‘Quad’	4
How COVID‐19 travels in‐ and outside of value chains and then affects the stock market: Evidence from China	4
Development strategies for middle‐income countries in a digital world—Insights from modern trade economics	4
Does the belt and road initiative stimulate Chinese exports? Evidence from micro data	4
The nexus between natural disasters, supply chains and trade—Revisiting the role of preferential trade agreements in disaster risk reduction	4
China's anti‐corruption campaign and outward foreign direct investment by state‐owned enterprises	4
COVID‐19 test‐kit trade and trade policy: Implications for developing countries	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
Geopolitical competition, globalisation and WTO reform	4
Political stability and fiscal consolidation in sub‐Saharan African countries	4
The impacts of the World Trade Organization on new members	4
Services trade policy and industry performance in African economies	4
Environmental benefit gain from exporting: Evidence from Vietnam	4
Consumption smoothing, risk sharing and financial integration	4
External imbalances from a GVAR perspective	4
How Central Asia to Escape from trade isolation?: Policy targeted scenarios by CGE modelling	4
Cross‐country linkages between ASEAN and non‐ASEAN‐RCEP member states: A global VAR analysis	4
The glass border: Gender and exporting in developing countries	4

The impact of political relations on international trade: China–Philippines island dispute as a quasi‐natural experiment	4
Cutting red tape for trade in services	4
The proximity‐concentration trade‐off with multi‐product firms: Are exports and FDI complements or substitutes?	4
Traders' dilemma: Developing countries' response to trade wars	4
Estimating the ex‐ante and the ex‐post effects of Chinese outward FDI	4
Extent and potential determinants of resource misallocation: A cross‐sectional study for developing countries	4
Innovative R&D offshoring in North–South trade: Theory and evidence	4
Technical regulation and trade: Export quality matters	4
Trade, structural transformation and growth	4
The forward‐looking ability of the real exchange rate and its misalignment to forecast the economic performance and the stock market return	4
Vertical specialisation and gains from trade	4
Bilateral servicification in global value chains and deep trade agreements	4
The impact of employment protection on FDI at different stages of economic development	4
The trade‐GDP ratio as a measure of openness	3
Trade liberalisation and the extensive margin of differentiated goods: Evidence from China*	3
Network‐adjusted market share and the currency denomination of trade	3
Free trade agreements partnership and value chain linkages: Evidence from China	3
COVID‐19, trade and trade policy	3
The value of market access and national treatment commitments in services trade agreements	3
Exchange rate volatility and commodity trade between United States and Australia: An asymmetric analysis	3
The effectiveness of embargoes: Evidence from Russia	3
Belt and road initiative and Chinese cross‐border mergers and acquisitions	3
Regional integration and non‐tariff barriers to Intra‐Sub‐Saharan Africa trade	3
The effect of border barriers to services trade on goods trade	3
GATT/WTO membership–poverty nexus: An unconditional quantile regression approach	3
Impact of commodity prices on exchange rates in commodity‐exporting countries	3
On COVID‐19 pandemic and China’s foreign trade	3
The importance of heterogeneity in determining the effects of preferential trade agreements on Foreign Direct Investment	3
Are capital inflow bonanzas a common precursor to banking crises? A categorical data analysis	3
Productivity of core infrastructure investment in China: An input–output approach	3
Job creation and job destruction: The effect of trade shocks on U.S. manufacturing employment	3
Productivity effects of corporate income tax: Evidence from China	3
Competitiveness and diversification of services exports in sub‐Saharan Africa	3
What drives most jumps in global crude oil prices? Fundamental shortage conditions, cartel, geopolitics or the behaviour of financial market participants	3
Towards input–output‐based measurements of trade creation and trade diversion	3
How did Brexit impact EU trade? Evidence from real data	3
Estimating exporter's quality: Do importers agree on rankings?	3
Foreign firm characteristics, labour market restrictions and FDI spillovers: Evidence from Moldova	3
Productivity and wage effects of firm‐level upstreamness: Evidence from Belgian linked panel data	3
Rules of origin and consumer‐hurting free trade agreements*	3
Foreign multinationals in service sectors: A general equilibrium analysis of Brexit	3
What attracts foreign direct investment into autocratic states? Regime time horizon and institutional design	3
Is the unemployment–inflation trade‐off still alive in the Euro Area and its member countries? It seems so	3
Exchange rates and foreign direct investment: Evidence from Chinese firm‐level data	3
The determinants of air cargo flows and the role of multinational agreements: An empirical comparison with trade and air passenger flows	3
Development aid and illicit capital flight: Evidence from Nepal	3
Internet and firms’ exports and imports: Firm level evidence from China	3
Are African exports that weak? A trade in value added approach	3
Backcasting world trade growth using data reduction methods	3
Dependence structure between oil and other commodity futures in China based on extreme value theory and copulas	3
Trade facilitation in the presence of non‐independent impediments	3
Measuring the input rank in global supply networks	3
Location choice determinants of Chinese and US firms in Africa: Does spatial interdependence play a role?	3
Exposure to trade disruptions in case of the Russia–Ukraine conflict: A product network approach	3
Economic drivers of public procurement‐related protection	3
The internationalisation of Chinese firms: Impact of FDI experience on export performance	3
Measuring fifty years of trade globalisation	3
The effects of digital trade policies on digital trade	3
Networks of foreign affiliates: Evidence from Japanese micro‐data	3
Trade liberalisation and trade and capital flows: Evidence from China pilot free trade zones	3
Global implications of a US‐led currency war	2
Experience and market signals in export entry decisions	2
Let us misinvoice more? The effect ofde jurecapital controls on trade misinvoicing	2
A global model of migration and poverty	2
Global value chains and female employment: The evidence from Vietnam	2
Real exchange rate shocks and new product margins in the export market	2
Epidemic outbreak and foreign direct investment fluctuation	2
Can Central Banks circumvent the impossible trinity within their operational frameworks? Theory and evidence	2
The impact of single windows on trade	2
Who starts the trade war? A theory of export controls and quid pro quo	2
The triangular purchasing power parity hypothesis: A comment	2
Endogenous transport costs and international trade	2
How to escape from the debt trap: Lessons from the past	2
The international service trade effects of bilateral investment treaties	2
COVID‐19, services trade and greenfield investment in ASEAN+6	2
Non‐Price Competitiveness Factors—A simple measure and implications for the five largest euro area countries	2
Firm‐level characteristics and the impact of COVID‐19: Examining the effects of foreign ownership and international trade	2
Financial intermediation, trade agreements and international trade*	2
Productivity effects of trade in natural resources—comparison with mechanisms of technological specialisation	2
Digital intensity, trade costs and exports' quality upgrading	2
The impact of COVID‐19 on international tourism flows to Italy: Evidence from mobile phone data	2
Impacts of tangible and intangible elements of Aid for Trade on the globalisation of developing countries	2
A micro‐founded approach to exploring gains from trade integration: Evidence from 27 EU countries	2
Product‐level estimates of exchange rate pass‐through: Evidence from Turkey*☆	2
The effects of domestic labour mobility on trade agreements: Empirical evidence	2
The impact of economic hardships on the intent to migrate: Micro‐level evidence from Venezuela	2
Services' trade in Africa: Structure and growth	2
Speculative attacks and investor attention	2
On the relationship between trade openness and government size	2
An examination of EU trade disintegration scenarios	2
Convex vacancy creation costs and on‐the‐job search in a global economy	2
Financial literacy and support for free trade in the UK	2
International investment agreements and foreign direct investment: A survey	2
Do types of foreign capital matter for income equality?	2
The China syndrome: A cross‐country evidence	2