European Firms In a Global Economy: Internal policies for external competitiveness (EFIGE)

Research team:

 

In cooperation with:

  • Prof. Dr. Sascha O. Becker, University of Warwick, GB
  • Prof. Dr. Karolina Ekholm, Stockholm University, Sweden
  • Dipl.-Volkswirtin Cathérine Koch, Institut für Empirische Wirtschaftsforschung (IEW), University of Zürich, Switzerland
  • Prof. Marc-Andreas Mündler Ph.D., University of California, San Diego, USA
  • Bruegel, Brussels, Belgium
  • Centre d’Etudes Prospectives et d’Informations Internationales (CEPII), Paris, France
  • Universidad Carlos III de Madrid, Spain
  • Centre for Economic Policy Research, London, GB
  • Magyar Tudomanyos Akademia Kozgazdasagtudomanyi Intezet (IEHAS), Budapest, Hungary
  • Centro Studi Luca D'Agliano, Turin, Italy
  • Unicredit Societa per Azioni, Rome, Italy

 

The 4-year project funded under the EU 7th RTD Framework Programme brings together eight research institutions, among which the IAW, the Centre for European Policy Research (CEPR), the Centre d’Etudes Prospectives et d’Informations Internationales (CEPII) as well as further institutes from Belgium, Italy, Hungary and Spain. Associated partners are the Deutsche Bundesbank, other Central Banks, and the OECD.

The empirical analysis in this project is based on the theory of heterogeneous firms. This approach assumes that it is primarily the attributes of the firm that determine the mode and the extent of its participation in international markets. This holds independently from the sectoral specialisation of countries and regions. The project draws upon several existing and newly generated datasets at the firm-level. Nine interacting groups of researchers collaborate on the research, two of which are headed by the director of the IAW, Prof. Dr. Claudia M. Buch.

The IAW research modules deal inter alia with the following questions:

  • What is the labour market impact of production relocations?
  • How do financial frictions influence the decision of firms to operate internationally?

For further information, please visit the EFIGE Homepage www.efige.org