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8/15/2018 : 9:26 am : +0200

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Trade war and its consequences for the world economy


 

 

 

Tariffs intended to reduce competition from foreign firms can backfire by also raising the costs of imported inputs for domestic firms. This column examines the market responses to the Trump administration’s initial and subsequent announcements of tariffs on imports from China. US firms that are more dependent on exports to and imports from China experienced lower stock and bond returns but higher default risks around the date of the announcement. Firms’ indirect exposure to US-China trade through domestic input-output linkages affects their responses to the announcements.

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What does the future hold for the eurozone?


 

 

 

Diplomats of numerous eurozone member states voiced concerns over the German-French reform plans. Especially the plans for an eurozone budget earned criticial reviews.

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Federal Ministry for Digital and Economic Affairs

 

The Research Centre International Economics FIW is a project of WIFO, wiiw and WSR on behalf of the Federal Ministry for Digital and Economic Affairs. The FIW cooperation with the Vienna University of Economics and Business, the University Vienna, the Johannes Kepler University Linz and the University of Innsbruck is supported by the Federal Ministry of Education, Science and Research.

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16.07.2018
Go to:STATISTIKEN

Statistics Austria: Regional foreign trade 2017 (preliminary results): all federal states with increases in exports

In the year 2017, all nine Austrian federal states registered increases in both exports and imports, according to preliminary results by Statistics Austria. On the export side, the federal states Styria (+11.6%) and Vienna (+10.1%) realised the highest relative increases. In absolute terms, Upper Austria (€2.73 bn) and Styria (€2.25 bn) showed the strongest gains. On the import side, Lower Austria (+11,2% or +€2.50 bn) and Styria (+17,3% or +€2.49 bn) recorded the strongest absolute and relative increases compared to the previous year. The highest external trade values in terms of trade intensity (sum of imports and exports) were observed in Upper Austria, Vienna and Lower Austria – in the order indicated. read more

09.07.2018

Statistics Austria: January to April 2018: increase in imports (+4.2%) and exports (+5.9%)

In the period January to April 2018, total imports amounted to €50.74 bn and total exports added up to €49.39 bn, according to preliminary results by Statistics Austria. Compared to the corresponding period of the previous year, Austrian imports increased by 4.2% and Austrian exports rose by 5.9%. The global foreign trade balance showed a deficit of €1.35 bn. Working-day adjusted, the rates of increase were 3.7% for imports and 5.3% for exports.

27.06.2018
Go to:VERANSTALTUNGEN

Reminder: FIW Workshop on International Economic Networks (W.I.E.N) on July 6&7 2018

W.I.E.N. will gather a sizable number of leading researchers in International Economics from both sides of the Atlantic. They will cover state-of-the-art research in the areas of urban and spatial economics, economic geography, migration, firm-level trade behavior, etc. The workshop's format will allow for detailed presentations and discussion about the research strategies underlying the presented papers. Date: 6th - 7th July 2018 Venue: University of Vienna, Faculty of Business, Economics and Statistics, Oskar-Morgenstern-Platz 1, 1090 Vienna, Sky Lounge We kindly ask for registration. Entrance is free.

09.03.2018

Statistics Austria: Foreign Trade January to March 2018: increase in imports (+1.9%) and exports (+4.8%)

In the period January to March 2018, total imports amounted to €38.10 bn and total exports added up to €37.24 bn, according to preliminary results by Statistics Austria. Compared to the corresponding period of the previous year, Austrian imports increased by 1.9% and Austrian exports rose by 4.8%. The global foreign trade balance showed a deficit of €0.87 bn. Working-day adjusted, the rates of increase were 2.1% for imports and 5.0% for exports.

08.06.2018
Go to:PUBLIKATIONEN

FIW Policy No. 40 "Input-Output-Verflechtungen der Sachgüternachfrage und von Ausgaben für Forschung und Entwicklung" published published (copy 1)

The FIW Policy Brief No. 40 regarding ""Input-Output-Verflechtungen der Sachgüternachfrage und von Ausgaben für F&E"" by Oliver Fritz, Gerhard Streicher and Fabian Unterlass has been published and is available online for free. The Policy Brief is available in German language.read more

01.06.2018
Go to:VERANSTALTUNGEN

FIW Workshop on International Economic Networks

FIW in cooperation with the wiiw and the University Vienna would like to invite you to the 24th FIW Workshop on International Economic Networks, taking place on the July 6th and 7th at the Sky lounge, Faculty of Business, Economics and Statistics, University of Vienna, Oskar Morgenstern Platz 1, 1090 Vienna We kindly ask for registration. Entrance is free.


Go to:VERANSTALTUNGENGo to:VERANSTALTUNGEN

FIW-wiiw-Seminar in International Economics: May 30, 2018

Title: Domestic Barriers to Internal and International Trade: New Evidence for Brazil, 1920-1940 Speaker: Michael Huberman, Université de Montréal, Canada 30 May 2018, 3:00 p.m. Venue:wiiw, Rahlgasse 3, 1060 Vienna We kindly ask you to register for the event. Participation is free of charge.read more

09.03.2018

Statistics Austria: Foreign trade January to February 2018: slight decline in imports (-0.3%), increase in exports (+4.3%)

In the period January to February 2018, total imports amounted to €23.87 bn and total exports added up to €23.60 bn, according to preliminary results by Statistics Austria. Compared to the corresponding period of the previous year, Austrian imports decreased by 0.3% and Austrian exports rose by 4.3%. The global foreign trade balance showed a deficit of €0.26 bn. Working-day adjusted, imports declined by 2.1% and exports increased by 2.5%.

23.04.2018
Go to:DATENPORTALGo to:DATENPORTAL

Anstehende Neuerungen des FIW-Datenportals

Sehr geehrte Damen und Herren, Wir möchten Sie über anstehende Neuerungen des FIW-Datenportals informieren.  Die alten FIW-Server können aufgrund nicht mehr unterstützter Software-Updates bzw. Supports von Herstellerseite nicht mehr länger aktualisiert werden. Als Konsequenz daraus wird daher das FIW-Datenabfragetool nur mehr bis Ende Mai 2018 zur Verfügung stehen. Die FIW-Datenbestände werden ab sofort nur mehr im neuen WIFO-Daten-System (WDS) aktuell gehalten.   Derzeit sind im WDS folgende FIW-Datenbestände integriert: * IMF BOP * IMF DOT * IMF IFS * Nationale Datenbestände (früher: GEN) * FDI * WIIW * Comtrade * Es ist nicht geplant, die Comext Datenbestände ebenfalls ins WDS zu integrieren, da diese über die Eurostat Website kostenlos zur Verfügung stehen.   Da es zurzeit auf das WDS keinen Webzugriff gibt, bieten wir Ihnen an, die FIW-Datenbestände über den WDS-Client zu beziehen.   Der WDS-Client ist eine Windows Desktop Applikation (lauffähig unter Windows 7, Windows 8 und Windows 10), mit dem Sie auf das WDS zugreifen und dieses mittels Volltext- bzw Katalogsuche durchsuchen können. Die von Ihnen ausgewählten Datenreihen können Sie nach Excel exportieren. Einmal in Excel abgespeicherte Daten können Sie auf Knopfdruck laufend aktualisieren. Mit freundlichen Grüßen Das FIW-Teamread more

16.04.2018
Go to:PUBLIKATIONEN

FIW Policy No.39 "Der Beitrag von Sachgüterexporten zur Wirtschaftsleistung: Eine Input-Output-Analyse published (copy 3)

The FIW Policy Brief No. 39 regarding "an input-output-anlaysis of the contribution of physical-goods-exports" by Oliver Fritz and Gerhard Streicher has been published and is available online for free. The Policy Brief is available in German language.read more