Peer reviewed publications
Foreign Supply Shocks and the Structure of Trade in a Small Open Economy, De Economist, (2023), with Jonas Böschemeier
Rising Wages and Intra-country Industry Relocation: Evidence from China, Open Economies Review, (2023), 34: 579-615, with Yuting Li and Mingzhi Xu
One Belt, One Road, One Way? Where European Exporters Benefit from the New Silkroad, Review of World Economics, (2023), 159: 257-297, with Rosalie Seuren
Delivery Times in International Competition: An Empirical Investigation, Journal of Development Economics, (2023), 161: 103017, with Andrea Ciani
On "Trade Induced Technical Chance: The Impact of Chinese Imports on Innovation, IT and Productivity", Review of Economic Studies, (2021), 88(5): 2555-2559 with Douglas L. Campbell
Trade Shocks and Firms' Hiring Decisions: Evidence from Vacancy Postings of Chinese Firms in the Trade War, Labour Economics, (2021), 71: 102021 with Chuan He and Mingzhi Xu - [voxEU column] [slides]
Foreign Competition and Quality Sorting: Overlaps in US and Chinese Exports, The World Economy, (2019), 42(8): 2300-2325.
US Policy Spillover(?): China's Accession to the WTO and Rising Exports to the EU, European Economic Review, (2017), 98C: 169-188
- Supplementary material: code
Export Diversification and Income Differences, Reconsidered: The Extensive Product Margin in Theory and Application, Review of World Economics, (2016), 152(2): 351-381.
- Supplementary material: code
The EU as a Geoeconomic Actor? A Review of Recent European Trade and Investment Policies, in M. Babic et al. (eds.), The Political Economy of Geoeconomics: Europe in a Changing World, (2022), International Political Economy Series, Chapter 5: 107-136, with Clara Weinhardt and Jens Hillebrand Pohl
Firms’ financial vulnerabilities during COVID-19 : Was the French support package too generous? Sciences Po OFCE Working Paper, 02/2023, with Sarah Guillou and Tania Treibich
Abstract: We exploit detailed and comprehensive data from France, combining firms’ balance sheet information and trade records, to uncover the role of firm characteristics in their exposure to the COVID-19 pandemic. Next, we study the impact of three governmental support policies on firms’ liquidity position in 2020: the wage subsidy scheme (AP), the solidarity fund (FSE) and the loan guarantee (PGE). We highlight four dimensions of heterogeneity for policy efficiency in our analysis: the type of liquidity shock, sector and size groups and labor productivity deciles. Our microsimulation exercise shows that aggregate policy support matches very well total liquidity losses. Yet, the compensation scheme was not perfect as these aggregate figures hide heterogeneous policy efficiency across firms and policies. Nearly one fourth of firms were over-compensated, which allowed them to improve their liquidity position, but those that suffered the highest liquidity losses did not receive enough support. Our simulation shows that 7.4 billion (bn) euros of subsidies were given to firms in excess of their liquidity loss. The share of overcompensated firms rises to 39% when we account for the guaranteed loans. We locate them mostly in the wholesale and retail, manufacturing and culture and leisure sectors. Yet, most firms were not fully compensated. This was especially the case for those that became illiquid in 2020, very large firms, highly productive firms, and firms in the hospitality and construction sectors.
Work in progress
- Investment Screening in the EU [slides]
- Local production and global demand (with Guzman Ourens) [slides]
- International Transport Infrastructure and Regional Development (with Mingzhi Xu and Yawen Zheng)
- Social Globalization and Gender Inequality (with Giulia Piccillo and Juul Vissers)
Misc. output and presentations
"International Trade, Covid-19 and Supply Chain Disruptions", presented at the Everywhere International SMEs (EIS) online workshop on 08 October 2021.
"Strategic resilience and Industry 4.0: lessons from COVID-19", presented at ERA Webinar: The New Industrial Strategy for (Post-Pandemic) Europe, European Academy of Law, 28 April 2021.
"When Time Matters" teaser presented at Global Economic Policy Group Meeting: Politics, Integration and Trade, January 2021