Peter Egger
Biographic Data
| ID | 1103674 |
|---|---|
| NAME | Peter Egger |
| GIVEN NAMES | Peter |
| FAMILY NAME | Egger |
| SIGNATURE | EGGER P |
| AFFILIATIONS | Ifo Institute for Economic Research |
| ORCID | 0000-0002-0546-1207 |
| VERIFIED | Yes |
| TOTAL WORKS | 37 |
| TOTAL CITATIONS | 49 |
| AUTHOR COUNT | 37 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2004 |
| LATEST PUBLICATION YEAR | 2026 |
| H-INDEX | 4 |
Common Spoken Languages and International Trade
Hierarchical classification of research fields in the MAG science network using deep learning
This paper presents a hierarchical classification system that automatically categorizes a scholarly publication, using its abstract, into a three-tier hierarchical label set (discipline, field, subfield) in a multiclass setting. This system enables a holistic categorization of research activities in the mentioned hierarchy in terms of knowledge production through articles and impact through citations, permitting those activities to fall into mult…
Multinational and exporter wage premia: Evidence from southeastern Europe and a panel multiple-treatments approach
We explore how the type of global market entry affects wage premia, classifying firms into four categories: domestic only, domestic exporters, non-exporting multinationals, and exporting multinational enterprises. Using firm-level panel data for Bosnia and Herzegovina, Croatia, and Slovenia for the years 2007–2017 and a multivariate endogenous treatment model based on the approach of Wooldridge (J Econom 68(1):115–132, 1995), we find that the mul…
Linearizing nonlinear gravity models: Biased BvOLS versus unbiased alternatives
The use of high‐dimensional fixed‐effects estimation has become customary with the estimation of gravity models of bilateral trade, migration, or commuting as outcome. However, fixed‐effects methods can be used without incidental‐parameter bias in a very small set of stochastic models. Alternatives to fixed‐effects estimation are iterative‐structural model estimation or linearizations of the structural model. Baier and Bergstrand deployed such a …
International investment agreements and foreign direct investment: A survey
This paper reviews the relationship between international investment agreements (IIAs) and foreign direct investment (FDI). It is organised in two parts. The first part explores the generic structure of IIAs and highlights the components that are particularly relevant to FDI. It then gives an overview of the specific content of investment treaties using a representative treaty sample over the period 1980–2020. The second part is devoted to survey…
Refined GMM estimators for simultaneous equations models with network interactions
Bayesian estimation of multivariate panel probits with higher‐order network interdependence and an application to firms' global market participation in Guangdong
This paper proposes a Bayesian estimation framework for panel data sets with binary dependent variables where a large number of cross‐sectional units are observed over a short period of time and cross‐sectional units are interdependent in more than a single network domain. The latter provides for a substantial degree of flexibility towards modeling the decay function in network neighborliness (e.g., by disentangling the importance of rings of nei…
How Covid‐19 travels in‐ and outside of value chains and then affects the stock market: Evidence from China
The organisation of value chains within and between firms and even countries is an important reason for domestic as well as international travel. Hence, value chains create interdependencies which have to do with economic but also personal interactions between firms and places. The latter means value chains are a springboard for shocks—positive or negative—to travel and other related outcomes. This paper sheds light on how input–output relations …
On the sensitivity of trade costs to services trade restrictions
Services constitute a significant part of GDP and overall trade in modern economies, but little is known about the magnitude of its obstacles. Great effort has been made to establish measures of services trade frictions on the part of the Organization of Economic Cooperation and Development (OECD) and the World Bank. A customary way of using these measures is to employ them in log‐linear regressions to gauge their effect on services trade flows. …
Gravity Estimations with Interval Data: Revisiting the Impact of Free Trade Agreements
We challenge the common practice of estimating gravity equations with interval or averaged data in order to capture dynamic‐adjustment effects to trade‐policy changes. Instead, we point to a series of advantages of using consecutive‐year data recognizing dynamic‐adjustment effects. Our analysis reveals that, relative to interval or averaged data, the use of consecutive‐year data avoids downward‐biased effect estimates due to the distribution of t…
Dynamic network and own effects on abnormal returns: Evidence from China’s stock market
This paper addresses the question of how to model the process of abnormal returns on individual stocks. It postulates a framework, where abnormal returns are generated by a process which features two autoregressive components, one stock-specific and one related to network effects. This process deviates from customary ones in that the parameters are specific to each stock/firm, that the autoregressive process is explicitly modelled instead of usin…
Putting the China-EU comprehensive agreement on investment in context
This paper reviews the content of as well as the reception of the current state of the planned China-European union Comprehensive Agreement on Investment as per January 2021. Moreover, it forms some expectations regarding its economic effects. Key conclusions are that, in spite of a limited scope of new concessions beyond ones that are realized or planned anyway unilaterally, the agreement will likely boost not only investment but also trade, and…
A new algorithm for matching Chinese NBS firm-level with customs data
Combining accounting-type firm data and transactions-type customs data has become increasingly important for research in international and industrial economics. The statistical authorities in several countries such as the United States or France provide such linked data without details on sources, and researchers have to assume that the matching is correct and the firm identifiers are unique and flawless in the source data. For some other countri…
Local border reforms and economic activity
In this article, we make use of large-scale municipal border changes in Germany to provide the first evidence on the effect of local border changes on the distribution of activity in space. To allow for a comparison of economic activity within unique geographical units over time, we use geo-coded light data as well as local land-use data. Applying a difference-in-differences approach, we find evidence that municipalities absorbing their merger pa…
Comparing Apples to Apples: Estimating Consistent Partial Effects of Preferential Economic Integration Agreements
The dominant paradigm of the estimation of causal partial effects of preferential economic integration agreements (PEIAs) on trade costs and trade flows is to rely on a selection on observables, with propensity‐score matching being the leading example. Conditional on some score of joint determinants of PEIAs and trade flows, causal partial effects of PEIAs on trade are obtained from a simple conditional mean comparison of trade between members an…
The effects of services trade policies. Introduction to the special issue
This is the introduction to the special issue on services trade policy
Indirect effects of trade shocks on Turkish local labor markets
The Competitive Effects of Credit Constraints in the Global Economy
As credit constraints exclude some firms from external finance and thus from market entry, they affect prices and markups by altering the degree of competition. Lower credit constraints allow less productive firms to enter with the following consequences. On the one hand, more competition tends to reduce average prices, but on the other hand, less productive firms charge above‐average prices. The overall effect is thus ambiguous. We therefore for…
On the spread of social protection systems
The long shadow of the Iron Curtain for female sex workers in German cities: Border effects and regional differences
This paper assesses determinants of habits and prices about sexual work in Germany. The paper alludes to a regional pattern, in particular, in pricing. This pattern varies with the size of cities and across as well as along the former East–West German border. In particular, the evidence suggests that there is a long shadow of the former Iron Curtain which leads to higher conditional prices in the former East than in the West, in particular, in la…
Spacey Parents and Spacey Hosts in Foreign Direct Investment
Shocks on FDI of some parent country in a host affect the same parent's FDI in other hosts. Shocks on a parent's FDI in some host affect other parents' FDI in the same host. In general equilibrium, shocks on FDI between any country pair will affect all country pairs' FDI. Using cross‐sectional data on FDI among 22 OECD countries in 2000, we use a spatial estimation framework to allow for all three modes of interdependence simultaneously, thereby …
Consequences of the New UK Tax Exemption System: Evidence from Micro-level Data
Journal Article Consequences of the New UK Tax Exemption System: Evidence from Micro‐level Data Get access Peter Egger, Peter Egger ETH Zürich, CEPR, CESifo, University of Nottingham and Oxford University Centre for Business Taxation (OUCBT) Search for other works by this author on: Oxford Academic Google Scholar Valeria Merlo, Valeria Merlo University of Tübingen and CESifo Search for other works by this author on: Oxford Academic Google Scholar…
The Causal Impact of Common Native Language on International Trade: Evidence from a Spatial Regression Discontinuity Design
This article studies the effect of sharing a common native language (CNL) on international trade. Switzerland hosts three major native language groups which adjoin countries sharing the same native majority languages. In regions close to the internal language border the alternate major language is taught early on in school and not only understood but spoken by the residents. This setting allows for an assessment of the impact of common native rat…
Absorptive Capacity and the Growth and Investment Effects of Regional Transfers: A Regression Discontinuity Design with Heterogeneous Treatment Effects
Researchers often estimate average treatment effects of programs without investigating heterogeneity across units. Yet, individuals, firms, regions, or countries vary in their ability to utilize transfers. We analyze Objective 1 transfers of the EU to regions below a certain income level by way of a regression discontinuity design with systematically varying heterogeneous treatment effects. Only about 30 percent and 21 percent of the regions—thos…
Too much of a good thing? On the growth effects of the EU's regional policy
The Causal Impact of Common Native Language on International Trade: Evidence from a Spatial Regression Discontinuity Design
This article studies the effect of sharing a common native language (CNL) on international trade. Switzerland hosts three major native language groups which adjoin countries sharing the same native majority languages. In regions close to the internal language border the alternate major language is taught early on in school and not only understood but spoken by the residents. This setting allows for an assessment of the impact of common native rat…
Spatial convergence
Estimation of higher‐order spatial autoregressive cross‐section models with heteroscedastic disturbances
How Corruption Influences Foreign Direct Investment: A Panel Data Study
This article analyzes the sign and development of the effect of corruption on foreign direct investment (FDI). Economic theory distinguishes grabbing hand corruption from helping hand corruption. The former suggests a negative impact of corruption on FDI, the latter one a positive effect. Empirically, we apply a data set of 21 home and 59 developed and less developed host countries covering between 1983 and 1999. To investigate the corruption imp…
Gravity Estimations with Interval Data: Revisiting the Impact of Free Trade Agreements
We challenge the common practice of estimating gravity equations with interval or averaged data in order to capture dynamic‐adjustment effects to trade‐policy changes. Instead, we point to a series of advantages of using consecutive‐year data recognizing dynamic‐adjustment effects. Our analysis reveals that, relative to interval or averaged data, the use of consecutive‐year data avoids downward‐biased effect estimates due to the distribution of t…
Local border reforms and economic activity
In this article, we make use of large-scale municipal border changes in Germany to provide the first evidence on the effect of local border changes on the distribution of activity in space. To allow for a comparison of economic activity within unique geographical units over time, we use geo-coded light data as well as local land-use data. Applying a difference-in-differences approach, we find evidence that municipalities absorbing their merger pa…
Economic Freedom and Taxation: Is There a Trade-off in the Locational Competition Between Countries
The Competitive Effects of Credit Constraints in the Global Economy
As credit constraints exclude some firms from external finance and thus from market entry, they affect prices and markups by altering the degree of competition. Lower credit constraints allow less productive firms to enter with the following consequences. On the one hand, more competition tends to reduce average prices, but on the other hand, less productive firms charge above‐average prices. The overall effect is thus ambiguous. We therefore for…
The long shadow of the Iron Curtain for female sex workers in German cities: Border effects and regional differences
This paper assesses determinants of habits and prices about sexual work in Germany. The paper alludes to a regional pattern, in particular, in pricing. This pattern varies with the size of cities and across as well as along the former East–West German border. In particular, the evidence suggests that there is a long shadow of the former Iron Curtain which leads to higher conditional prices in the former East than in the West, in particular, in la…
Outsourcing and trade in a spatial world
Economic Freedom and Taxation: Is There a Trade-off in the Locational Competition Between Countries
Market Power, Multinationality and Intra‐Eu Industry Exports in the 90s
This paper assesses the impact of market power and multinationality in EU12 manufacturing industries on EU integration in goods trade in the 90s. An increase in the market concentration exhibits a positive impact on bilateral exports, while an increase in multinationality works in the opposite direction. Both effects are in accordance with the theoretical hypotheses. As a result, goods trade between the member countries was polarised in terms of …
Evidence on corruption as an incentive for foreign direct investment
Spatial convergence
How Corruption Influences Foreign Direct Investment: A Panel Data Study
This article analyzes the sign and development of the effect of corruption on foreign direct investment (FDI). Economic theory distinguishes grabbing hand corruption from helping hand corruption. The former suggests a negative impact of corruption on FDI, the latter one a positive effect. Empirically, we apply a data set of 21 home and 59 developed and less developed host countries covering between 1983 and 1999. To investigate the corruption imp…
Outsourcing and trade in a spatial world
Interdependent preferential trade agreement memberships: An empirical analysis
Going Nuts: The effect of EU Structural Funds on regional performance
Estimation of higher‐order spatial autoregressive cross‐section models with heteroscedastic disturbances
Introduction to a Special Issue on »FDI and Public Policy« Dedicated to Fred Ramb
Introduction to a Special Issue on FDI and Public Policy Dedicated to Fred Ramb
Statutory Corporate Tax Rates and Double-Taxation Treaties as Determinants of Multinational Firm Activity
This paper analyzes the influence of statutory corporate tax rates on profits and of double-taxation treaties (DTTs) on multinational firm (MNE) activity at the micro level. It provides an assessment of the effects of these profit tax instruments on the extensive and the intensive margin of activity. In particular, we estimate two-part quasi-maximum-likelihood models using panel data on the foreign activity of German MNEs in the decade 1996-2005 …
How Bad Is Antidumping? Evidence from Panel Data
Current research on antidumping suggests a number of channels through which antidumping affects the volume of world trade. This paper uses a structural approach to the gravity model framework to evaluate these hypotheses using data on trade volume over the period 1948 to 2001. We conclude that the volume and welfare effects have been negative but quite modest
Too much of a good thing? On the growth effects of the EU's regional policy
Absorptive Capacity and the Growth and Investment Effects of Regional Transfers: A Regression Discontinuity Design with Heterogeneous Treatment Effects
Researchers often estimate average treatment effects of programs without investigating heterogeneity across units. Yet, individuals, firms, regions, or countries vary in their ability to utilize transfers. We analyze Objective 1 transfers of the EU to regions below a certain income level by way of a regression discontinuity design with systematically varying heterogeneous treatment effects. Only about 30 percent and 21 percent of the regions—thos…
Consequences of the New UK Tax Exemption System: Evidence from Micro-level Data
Journal Article Consequences of the New UK Tax Exemption System: Evidence from Micro‐level Data Get access Peter Egger, Peter Egger ETH Zürich, CEPR, CESifo, University of Nottingham and Oxford University Centre for Business Taxation (OUCBT) Search for other works by this author on: Oxford Academic Google Scholar Valeria Merlo, Valeria Merlo University of Tübingen and CESifo Search for other works by this author on: Oxford Academic Google Scholar…
The Causal Impact of Common Native Language on International Trade: Evidence from a Spatial Regression Discontinuity Design
This article studies the effect of sharing a common native language (CNL) on international trade. Switzerland hosts three major native language groups which adjoin countries sharing the same native majority languages. In regions close to the internal language border the alternate major language is taught early on in school and not only understood but spoken by the residents. This setting allows for an assessment of the impact of common native rat…
On the spread of social protection systems
The long shadow of the Iron Curtain for female sex workers in German cities: Border effects and regional differences
This paper assesses determinants of habits and prices about sexual work in Germany. The paper alludes to a regional pattern, in particular, in pricing. This pattern varies with the size of cities and across as well as along the former East–West German border. In particular, the evidence suggests that there is a long shadow of the former Iron Curtain which leads to higher conditional prices in the former East than in the West, in particular, in la…
Spacey Parents and Spacey Hosts in Foreign Direct Investment
Shocks on FDI of some parent country in a host affect the same parent's FDI in other hosts. Shocks on a parent's FDI in some host affect other parents' FDI in the same host. In general equilibrium, shocks on FDI between any country pair will affect all country pairs' FDI. Using cross‐sectional data on FDI among 22 OECD countries in 2000, we use a spatial estimation framework to allow for all three modes of interdependence simultaneously, thereby …
The Competitive Effects of Credit Constraints in the Global Economy
As credit constraints exclude some firms from external finance and thus from market entry, they affect prices and markups by altering the degree of competition. Lower credit constraints allow less productive firms to enter with the following consequences. On the one hand, more competition tends to reduce average prices, but on the other hand, less productive firms charge above‐average prices. The overall effect is thus ambiguous. We therefore for…
The effects of services trade policies. Introduction to the special issue
This is the introduction to the special issue on services trade policy
Indirect effects of trade shocks on Turkish local labor markets
Dynamic network and own effects on abnormal returns: Evidence from China’s stock market
This paper addresses the question of how to model the process of abnormal returns on individual stocks. It postulates a framework, where abnormal returns are generated by a process which features two autoregressive components, one stock-specific and one related to network effects. This process deviates from customary ones in that the parameters are specific to each stock/firm, that the autoregressive process is explicitly modelled instead of usin…
Putting the China-EU comprehensive agreement on investment in context
This paper reviews the content of as well as the reception of the current state of the planned China-European union Comprehensive Agreement on Investment as per January 2021. Moreover, it forms some expectations regarding its economic effects. Key conclusions are that, in spite of a limited scope of new concessions beyond ones that are realized or planned anyway unilaterally, the agreement will likely boost not only investment but also trade, and…
A new algorithm for matching Chinese NBS firm-level with customs data
Combining accounting-type firm data and transactions-type customs data has become increasingly important for research in international and industrial economics. The statistical authorities in several countries such as the United States or France provide such linked data without details on sources, and researchers have to assume that the matching is correct and the firm identifiers are unique and flawless in the source data. For some other countri…
Economics (29 works) · Econometrics (17 works) · Global trade and economics (17 works) · International economics (17 works) · International trade (11 works) · Mathematics (11 works) · Statistics (11 works) · Business (10 works) · Computer Science (10 works) · Macroeconomics (9 works)