World Economy

Article	Citations
Pandemic trade: COVID‐19, remote work and global value chains	114
Economic costs of the Russia‐Ukraine war	111
Does economic globalisation affect income inequality? A meta‐analysis	61
The hedge asset for BRICS stock markets: Bitcoin, gold or VIX	61
The environmental effect of trade liberalization: Evidence from China's manufacturing firms	42
How important is GVC participation to export upgrading?*	42
Trade policy responses to the COVID‐19 pandemic crisis: Evidence from a new data set	38
Exploring the driving mechanism and the evolution of the low‐carbon economy transition: Lessons from OECD developed countries	33
Sending money home: Transaction cost and remittances to developing countries	33
Analysis of Bitcoin prices using market and sentiment variables	31
Estimating the economic effects of sanctions on Russia: An Allied trade embargo	30
The trade impact of the COVID‐19 pandemic	29
What goes around comes around: The effects of sanctions on Swedish firms in the wake of the Ukraine crisis	28
How trade and investment agreements affect bilateral foreign direct investment: Results from a structural gravity model	28
How COVID‐19 vaccine supply chains emerged in the midst of a pandemic	28
Rethinking international subsidy rules	28
COVID‐19, trade collapse and GVC linkages: European experience	27
Does globalisation alleviate polarisation?	27
Globalisation, economic uncertainty and labour market regulations: Implications for the COVID‐19 crisis	25
Testing the asymmetric effects of exchange rate pass‐through in BRICS countries: Does the state of the economy matter?	24
Global value chain participation and its impact on industrial upgrading	24
The impact of foreign direct investment on host country exports: A meta‐analysis	24
Cutting Russia's fossil fuel exports: Short‐term economic pain for long‐term environmental gain	23
Implications of foreign direct investment, capital formation and its structure for global value chains	22
Globalisation and government spending: Evidence for the ‘hyper‐globalisation’ of the 1990s and 2000s	22

Evaluating the cumulative impact of the US–China trade war along global value chains	22
Cling together, swing together: The contagious effects of COVID‐19 on developing countries through global value chains	20
On the trade effects of bilateral SPS measures in developed and developing countries	20
Who sends me face masks? Evidence for the impacts of COVID‐19 on international trade in medical goods	19
Export quality dynamics: Multidimensional evidence of financial development	19
Simulating the trade effects of the COVID‐19 pandemic	19
‘Regionalism’ and the global trade system	18
Do stock markets play a role in determining COVID‐19 economic stimulus? A cross‐country analysis	18
Conform or challenge? Adjustment strategies of sanction‐torn companies	17
A new index of globalisation: Measuring impacts of integration on economic growth and income inequality	17
Foreign direct investment and regional innovation: Evidence from China	16
Development aid and international migration to Italy: Does aid reduce irregular flows?	16
COVID‐19 and tourism: What can we learn from the past?	15
Firm productivity and functional specialisation	15
Internationalisation of education and its effect on economic growth and development	15
Does economic globalisation promote economic growth? A meta‐analysis	15
Towards a dynamic model of the industrial upgrading with global value chains	14
Informal sector and mobile financial services in emerging and developing countries: Does financial innovation matter?	14
Previous experience, experimentation and export survival: Evidence from firm‐product‐destination level data	14
The electric vehicle revolution: Critical material supply chains, trade and development	13
Demand and supply exposure through global value chains: Euro‐Mediterranean countries during COVID	13
Are exporters more environmentally friendly? A re‐appraisal that uses China’s micro‐data	13
Inflation targeting adoption and institutional quality: Evidence from developing countries	12
War in Ukraine: The options for Europe's energy supply	12
Trade agreements and Latin American trade (creation and diversion) and welfare	12
Trade in Small Arms and Light Weapons: Are embargoes effective?	11
South Korea’s outward direct investment and its dyadic determinants: Foreign aid, bilateral treaty and economic diplomacy	11
Trade agreements and participation in global value chains: Empirical evidence from Latin America	11
Re‐estimating the effect of heterogeneous standards on trade: Endogeneity matters	11
Do exporters have markup premiums and why (not)? Evidence from China	11
The trade effects of the African Continental Free Trade Area: An empirical analysis	11
The European Union's reform in rules of origin and international trade: Evidence from Cambodia	11
Firms persistence under sanctions:Micro‐levelevidence from Iran	11
Effects of the comprehensive and progressive agreement for trans‐pacific partnership	11
Modelling global value chains: From trade costs to policy impacts	11
Determinants of foreign direct investment from Europe to Asia	10
Investment incentives and leverage: Evidence from China’s accelerated depreciation policy	10
COVID‐19, public procurement regimes and trade policy	10
Imports and credit rationing: A firm‐level investigation	10
New driving force for China’s import growth: Assessing the role of cross‐border e‐commerce	10
Robustness and resilience of supply chains during the COVID‐19 pandemic	10
Regulatory barriers to trade in services: A new database and composite indices	10
Financial development and natural resources: The dynamics of China’s outward FDI	9
The determinants of real exchange rate volatility in South Africa	9
Does aid for trade promote import diversification?	9
Patterns of trade restrictiveness in online platforms: A first look	9
The role of human capital in structural change and growth in an open economy: Innovative and absorptive capacity effects	9
Trade in intangibles and the global trade imbalance	9
Global macroeconomic impacts of demographic change	9
Exposure to trade disruptions in case of the Russia–Ukraine conflict: A product network approach	8

Be good to thy neighbours: A spatial analysis of foreign direct investment and economic growth in sub‐Saharan Africa	8
Export structure, import demand elasticity and export stability	8
Financial structure and earnings manipulation activities in China	8
Talent development and labour market integration in European football	8
UK trading patterns within and between regions in the automotive sector—A network analysis	8
Covid‐19 in America: Global supply chain reconsidered	8
The ‘Forgotten’ middle class: An analysis of the effects of globalisation	7
Labour demand in global value chains: Is there a bias against unskilled work?	7
Commitment behaviour in the World Trade Organization's Trade Facilitation Agreement	7
Infrastructure and intra‐regional trade in Africa	7
Mars or Mercury redux: The geopolitics of bilateral trade agreements	7
The effect of restrictive measures on cross‐border investment in the European Union	7
Trade liberalisation and trade and capital flows: Evidence from China pilot free trade zones	7
Fast & furious: Do psychological and legal factors affect commodity price volatility?	7
Markups of Chinese exporters: Export discount and product choice	7
The impact of conflict and political instability on banking crises in developing countries	7
Global value chains, trade shocks and jobs: An application to Brexit	7
UK trade in the time of COVID‐19: A review	7
Multinationals and domestic total factor productivity: Competition effects, knowledge spillovers and foreign ownership	7
Spatial equilibrium analysis of Chinese tariff on world cotton markets	7
Asymmetric cultural proximity and greenfield foreign direct investment	7
When does foreign direct investment lead to inclusive growth?	7
Belt and road initiative and Chinese cross‐border mergers and acquisitions	7
Export volatility with trade policy uncertainty: Evidence from China*	7
Catalysing regional integration in Africa: The role of infrastructure	6
Does servicification of manufacturing increase the GVC activities of firms? Case of India	6
Reduced ‘Border effects’, Free Trade Agreements and international trade	6
Trade destruction and deflection effects of US‐China trade frictions on China’s tariff‐targeted products	6
How did Brexit impact EU trade? Evidence from real data	6
The glass border: Gender and exporting in developing countries	6
Geopolitical competition, globalisation and WTO reform	6
What drives updates of inflation expectations? A Bayesian VAR analysis for the G‐7 countries	6
The U.S.‐Canadian trade and exchange rate uncertainty: Asymmetric evidence from commodity trade	6
Technological spillovers from multinational firms	6
Technical regulation and trade: Export quality matters	6
U.S.–China trade war and corporate reallocation: Evidence from Chinese listed companies	6
Catch‐up industrial policy and economic transition in China	6
Global supply chains, trade agreements and rules of origin	6
Traders' dilemma: Developing countries' response to trade wars	6
The impact of export VAT rebates on firm productivity: Evidence from China	6
Green tech race? The US Inflation Reduction Act and the EU Net Zero Industry Act	6
The economic and social costs of globalisation: A target zone analysis	6
Supply spillovers during the pandemic: Evidence from high‐frequency shipping data	6
The effects of digital trade policies on digital trade	6
Fiscal incentives and land finance cycles of prefectures in China	6
Does value chain integration dampen producer price developments? Evidence from the European Union	6
The impact of political relations on international trade: China–Philippines island dispute as a quasi‐natural experiment	6
The proximity‐concentration trade‐off with multi‐product firms: Are exports and FDI complements or substitutes?	6
Does private aid follow the flag? An empirical analysis of humanitarian assistance	6
What do multinationals do? The structure of multinational firms’ international activities	6
Extent and potential determinants of resource misallocation: A cross‐sectional study for developing countries	5
The African Growth and Opportunity Act and growth in sub‐Saharan Africa: A local projection approach	5
Trade facilitation in the presence of non‐independent impediments	5
The impacts of the World Trade Organization on new members	5
Do political relations affect exports to China? Evidence from the ‘Quad’	5
Undercurrents in the world economy: Evolving global investment flows in the South	5
Foreign direct investment and onshore employment dynamics: Evidence from German firms with affiliates in the Czech Republic	5
The effectiveness of embargoes: Evidence from Russia	5
Environmental benefit gain from exporting: Evidence from Vietnam	5
US–China rivalry: The macro policy choices	5
How COVID‐19 travels in‐ and outside of value chains and then affects the stock market: Evidence from China	5
On COVID‐19 pandemic and China’s foreign trade	5
Internet and firms’ exports and imports: Firm level evidence from China	5
The spillover effect of trade policy along the value Chain: Evidence from China's rare earth‐related sectors	5
What drives most jumps in global crude oil prices? Fundamental shortage conditions, cartel, geopolitics or the behaviour of financial market participants	5
Competitiveness and diversification of services exports in sub‐Saharan Africa	4
A new look to the tourism and economic growth nexus: A clustering and panel causality analysis	4
GATT/WTO membership–poverty nexus: An unconditional quantile regression approach	4
Cutting red tape for trade in services	4
Estimating the ex‐ante and the ex‐post effects of Chinese outward FDI	4
How do digital trade rules affect global value chain trade in services?—Analysis of preferential trade agreements	4
Foreign demand shocks, product switching, and export product quality: Evidence from China	4
Services trade policy and industry performance in African economies	4
The impact of summit visits on bilateral trade: Empirical evidence from China	4
Exchange rates and foreign direct investment: Evidence from Chinese firm‐level data	4
The nexus between natural disasters, supply chains and trade—Revisiting the role of preferential trade agreements in disaster risk reduction	4
The trade‐GDP ratio as a measure of openness	4
COVID‐19 test‐kit trade and trade policy: Implications for developing countries	4
Vertical specialisation and gains from trade	4
International investment agreements and foreign direct investment: A survey	4

Productivity effects of corporate income tax: Evidence from China	4
Inflation comovements in advanced economies: Facts and drivers*	4
The internationalisation of Chinese firms: Impact of FDI experience on export performance	4
Development strategies for middle‐income countries in a digital world—Insights from modern trade economics	4
Towards input–output‐based measurements of trade creation and trade diversion	4
Consumption smoothing, risk sharing and financial integration	4
External imbalances from a GVAR perspective	4
Job creation and job destruction: The effect of trade shocks on U.S. manufacturing employment	4
How Central Asia to Escape from trade isolation?: Policy targeted scenarios by CGE modelling	4
Bilateral servicification in global value chains and deep trade agreements	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
Location choice determinants of Chinese and US firms in Africa: Does spatial interdependence play a role?	4
Political stability and fiscal consolidation in sub‐Saharan African countries	4
The impact of employment protection on FDI at different stages of economic development	4
The COVID‐19 pandemic and trade in agricultural products	4
Threshold effects of openness on real and nominal effective exchange rates in emerging and developing economies	4
Innovative R&D offshoring in North–South trade: Theory and evidence	4
Does the belt and road initiative stimulate Chinese exports? Evidence from micro data	4
The determinants of air cargo flows and the role of multinational agreements: An empirical comparison with trade and air passenger flows	4
China's anti‐corruption campaign and outward foreign direct investment by state‐owned enterprises	4
Trade, structural transformation and growth	4
Cross‐country linkages between ASEAN and non‐ASEAN‐RCEP member states: A global VAR analysis	4
Trade development and agricultural productivity change: Evidence from China	3
Endogenous transport costs and international trade	3
Foreign firm characteristics, labour market restrictions and FDI spillovers: Evidence from Moldova	3
Measuring fifty years of trade globalisation	3
Complexity, tacit knowledge and the scope for technological catch‐up	3
COVID‐19, trade and trade policy	3
The challenging estimation of trade elasticities: Tackling the inconclusive Eurozone evidence	3
The impact of economic hardships on the intent to migrate: Micro‐level evidence from Venezuela	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
Are capital inflow bonanzas a common precursor to banking crises? A categorical data analysis	3
The impact of climate change on international trade: A gravity model estimation	3
Free trade agreements partnership and value chain linkages: Evidence from China	3
Dependence structure between oil and other commodity futures in China based on extreme value theory and copulas	3
Exchange rate volatility and commodity trade between United States and Australia: An asymmetric analysis	3
Nigeria and the AfCFTA as a two‐level game	3
Foreign multinationals in service sectors: A general equilibrium analysis of Brexit	3
Measuring the input rank in global supply networks	3
Non‐Price Competitiveness Factors—A simple measure and implications for the five largest euro area countries	3
Rules of origin and consumer‐hurting free trade agreements*	3
Backcasting world trade growth using data reduction methods	3
Is the unemployment–inflation trade‐off still alive in the Euro Area and its member countries? It seems so	3
The value of market access and national treatment commitments in services trade agreements	3
Firm‐level characteristics and the impact of COVID‐19: Examining the effects of foreign ownership and international trade	3
Productivity of core infrastructure investment in China: An input–output approach	3
The importance of heterogeneity in determining the effects of preferential trade agreements on Foreign Direct Investment	3
Regional integration and non‐tariff barriers to Intra‐Sub‐Saharan Africa trade	3
How special are special economic zones: Evidence from South Asia	3
Productivity and wage effects of firm‐level upstreamness: Evidence from Belgian linked panel data	3
An account of the exporter wage gap: Wage structure and composition effects across the wage distribution	3
Revisiting economic effectiveness of foreign aid: The case of Japanese aid to China	3
Network‐adjusted market share and the currency denomination of trade	3
Fiscal competition for foreign direct investment with knowledge spillovers and trade costs	3
Are African exports that weak? A trade in value added approach	3
Quality of imported intermediates, innovation behaviour and markups: Firm‐level evidence from China	3
Real exchange rate shocks and new product margins in the export market	3
Labour‐saving automation: A direct measure of occupational exposure	3
Experience and market signals in export entry decisions	3
The effect of exports on labour share: A semiparametric approach using Chinese manufacturing panel data	3
Development aid and illicit capital flight: Evidence from Nepal	3
Trade liberalisation and the extensive margin of differentiated goods: Evidence from China*	3
The impact of COVID‐19 on international tourism flows to Italy: Evidence from mobile phone data	3
Economic drivers of public procurement‐related protection	3
Estimating exporter's quality: Do importers agree on rankings?	3
Can Central Banks circumvent the impossible trinity within their operational frameworks? Theory and evidence	2
The rise of GCC‐East Asian trade: A cointegration approach to analysing trade relationships	2
Global implications of a US‐led currency war	2
The triangular purchasing power parity hypothesis: A comment	2
The effects of domestic labour mobility on trade agreements: Empirical evidence	2
So close, no matter how far: A spatial analysis of CO2 emissions considering geographic and economic distances	2
Producer service foreign direct investment and pollution in China	2
Services' trade in Africa: Structure and growth	2
Geopolitical risks and financial stress in emerging economies	2
On the relationship between trade openness and government size	2
Convex vacancy creation costs and on‐the‐job search in a global economy	2
The heterogeneous effects of trade agreements with labour provisions	2
How to escape from the debt trap: Lessons from the past	2
A micro‐founded approach to exploring gains from trade integration: Evidence from 27 EU countries	2
Who starts the trade war? A theory of export controls and quid pro quo	2
Cross‐border M&As and the performance of Chinese acquiring firms	2
Let us misinvoice more? The effect ofde jurecapital controls on trade misinvoicing	2
The international service trade effects of bilateral investment treaties	2
Manufacturing and service‐sector productivity in Turkey: A perspective from firm‐level data	2
Financial intermediation, trade agreements and international trade*	2
Digital intensity, trade costs and exports' quality upgrading	2
Product‐level estimates of exchange rate pass‐through: Evidence from Turkey*☆	2
Explaining the global landscape of foreign direct investment: Knowledge capital, gravity, and the role of culture and institutions	2
The China syndrome: A cross‐country evidence	2
The economic benefits of trade facilitation: U.S. Customs and Border Protection’s Centers of Excellence and Expertise programme	2
Foreign direct investment and product quality in host economies	2
Revisiting the nexus between globalisation and the shadow economy: Untying the influences of de jure versus de facto globalisation	2
A global model of migration and poverty	2
COVID‐19, services trade and greenfield investment in ASEAN+6	2