Prof. Dr. Matthias Busse

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Ruhr-University Bochum
Department of Management and Economics
Building GC 3/145
Universitätsstraße 150
D-44801 Bochum

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Phone: +49-(0)234 / 32-22902

Fax: +49 (0)234 / 32-14520

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  • Director at the Institute of Development Research and Development Policy, Ruhr-University Bochum (IEE) (since October 2009)
  • Research Fellow at the Hamburg Institute of International Economics (HWWI) (since April 2009)

Fields of Interest

  • International Trade
  • Foreign Direct Investment
  • Regional Integration
  • Development Economics


Since 4.2009:   Professor of International Economics, Ruhr-University Bochum
2008 - 2009:   Trier University, Interim Professor of International Economics
2000 - 2008:   Hamburg Institute of International Economics (HWWI, previously HWWA), Senior Economist and Head of Programme World Economy
2003 - 2004:   World Bank, Washington, DC, Development Economics Research Group International Trade, Short-term Consultant
2001 - 2002:   University of Adelaide, Visiting Research Fellow
1997 - 2000:   Freelance Management Consultant
1993 - 1996:   University of Hamburg, Teaching and Research Assistant

Academic Education

2006:   University of Hamburg, Habilitation (Postdoctoral Thesis in Economics)
1997:   University of Hamburg, Ph.D. in Economics
1993:   University of Hamburg, Diplom-Volkswirt (Master of Science in Economics)



  • Aid for Trade: Making Trade Effective for Development, HWWI/PwC (eds.), Hamburg: HWWI and PwC, 2009 (with Alero Agboghoroma, Skadi Falatik, Ruth Hoekstra, Jens Königer, Georg Koopman, Claudia Kühne and Nikolaus Roloff)
  • Institutions, Governance and Trade: An Empirical Investigation of the Linkages in View of the Proposed ACP/EU Economic Partnership Agreements, Friedrich-Ebert-Stiftung/HWWI (eds.), Bonn: Friedrich-Ebert-Stiftung, 2007 (with Axel Borrmann, Silke Fischer and Steffen Gröning)
  • The Impact of ACP/EU Economic Partnership Agreements on ECOWAS Countries: An Empirical Analysis of the Trade and Budget Effects, Bonn: Friedrich-Ebert-Stiftung, International Development Corporation, 2004 (with Axel Bormann and Harald Großmann)
  • Sozialpolitische Ziele in der Welthandelsorganisation, Baden-Baden: Nomos, 2002 (with Deike Fuchs, Harald Grossmann and Georg Koopmann)
  • Die Auswirkungen der nordamerikanischen Freihandelszonen auf die Europäische Union: eine Analyse der Handelseffekte, Hamburg: Verlag Dr. Kovac, 1997 (PhD Dissertation)

Journal Articles

  • The Resource Curse Revisited: Governance and Natural Resources, Public Choice, Vol. 154 (2013), No. 1-2, pp. 1-20 (with Steffen Gröning)
  • Trade in Pollutive Industries and the Stringency of Environmental Regulations, Applied Economics Letters, Vol. 20 (2013), No. 4, pp. 320-323 (with Magdalene Silberberger)
  • Do Trade and Investment Agreements Lead to More FDI? Accounting for Key Provisions Inside the Black Box, International Economics and Economic Policy, Vol. 10 (2013), No. 2, pp. 247-275 (with Axel Berger, Peter Nunnenkamp and Martin Roy)
  • Foreign Direct Investment and Exchange Rate Regimes, Economics Bulletin, Vol. 33 (2013), No. 1, pp. 843-858 (with Carsten Hefeker and Signe Nelgen)
  • What Drives FDI from Non-traditional Sources? A Comparative Analysis of the Determinants of Bilateral FDI Flows, Economics: The Open-Access, Open-Assessment E-Journal, Vol. 7, 2013-1; (with Maximiliano Sosa Andrés and Peter Nunnenkamp)
  • Assessing the Impact of Trade Liberalization: The Case of Jordan, Journal of Economic Integration, Vol. 27 (2012), No. 3, pp. 466-486 (with Steffen Gröning)
  • The Impact of Aid for Trade Facilitation on the Costs of Trading, Kyklos, Vol. 65 (2012), No. 2, pp. 143-163 (with Jens Königer and Ruth Hoekstra)
  • More Stringent BITs, Less Ambiguous Effects on FDI? Not a Bit!, Economics Letters , Vol. 112 (2011), No. 3, pp. 270-272 (with Axel Berger, Peter Nunnenkamp and Martin Roy)
  • The Characteristics and Determinants of FDI in Ghana, European Journal of Development Research, Vol. 23 (2011), No. 3, pp. 389-408 (with Fabian Barthel and Robert Osei)
  • Foreign Direct Investment and Labor Rights: A Panel Analysis of Bilateral FDI Flows, Applied Economics Letters, Vol. 18 (2011), No. 2, pp. 149-152 (with Peter Nunnenkamp and Mariana Spatareanu)
  • The Impact of Double Taxation Treaties on Foreign Direct Investment: Evidence from Large Dyadic Panel Data, Contemporary Economic Policy, Vol. 28 (2010), No. 3, pp. 366-377 (with Fabian Barthel and Eric Neumayer)
  • FDI Promotion through Bilateral Investment Treaties: More than a BIT?, Review of World Economics (Weltwirtschaftliches Archiv), Vol. 146 (2010), No. 1, pp.147-178 (with Jens Königer and Peter Nunnenkamp)
  • Does Foreign Aid Improve Governance?, Economics Letters, Vol. 104 (2009), No. 2, pp. 76-78 (with Steffen Gröning)
  • Gender Disparity in Education and the International Competition for FDI, Feminist Economics, Vol. 15 (2009), No. 3, pp. 61–90 (with Peter Nunnenkamp)
  • Trade, Labour Market Regulations, and Growth, Applied Economics Letters, Vol. 16 (2009), No. 8, pp. 809-812 (with Carsten Hefeker)
  • Foreign Direct Investment, Regulations and Growth, World Economy, Vol. 31 (2008), No. 7, pp. 861-886 (with Jose Luis Groizard)
  • Technology Trade in Economic Development, World Economy, Vol. 31 (2008), No. 4, pp. 569-592 (with Jose Luis Groizard)
  • Political Risk, Institutions and Foreign Direct Investment, European Journal of Political Economy, Vol. 23 (2007), No. 2, pp. 397-415 (with Carsten Hefeker)
  • Assessing the Impact of ACP/EU Economic Partnership Agreements on West African Countries, Journal of Development Studies, Vol. 43 (2007), No. 5, pp. 787-811 (with Harald Grossmann)
  • Should Caribbean Countries Sign an Economic Partnership Agreement With the EU? Expected Challenges and Strategic Options, Journal of Economic Integration, Vol. 22 (2007), No. 3, pp. 598-618 (with Simon Lüthje)
  • Consequences of Economic Partnership Agreements Between East and Southern African Countries and the EU for Inter- and Intra-regional Integration, International Economic Journal, Vol. 21 (2007), No. 2, pp. 233-254 (with Axel Borrmann and Manuel de la Rocha)
  • The Institutional Challenge of the ACP/EU Economic Partnership Agreements, Development Policy Review, Vol. 25 (2007), No. 4, pp. 403-416 (with Axel Borrmann)
  • Does Africa Really Benefit from Trade?, Economics Bulletin, Vol. 6 (2007), No. 1, pp. 1 6 (with Jose Luis Groizard)
  • Between Two Poles: A Dual Currency Board for Mercosur, North American Journal of Economics and Finance, Vol. 17 (2006), No. 3, pp. 349-362 (with Carsten Hefeker and Georg Koopmann)
  • Institutional Quality and the Gains from Trade, Kyklos, Vol. 59 (2006), No. 3, pp. 345 368 (with Axel Borrmann and Silke Neuhaus)
  • Gender Inequality and Trade, Review of International Economics, Vol. 14 (2006), No. 3, pp. 362-379 (with Christian Spielmann)
  • Trade Effects of the East African Community, Estey Centre Journal of International Law and Trade Policy, Vol. 6 (2005), No. 1, pp. 62-83 (with Rasul Shams)
  • Trade, Environmental Regulations and the WTO: New Empirical Evidence, Journal of World Trade, Vol. 38 (2004), No. 2, pp. 285-306
  • On the Determinants of Core Labour Standards: The Case of Developing Countries, Economics Letters, Vol. 83 (2004), No. 2, pp. 211-217
  • Transnational Corporations and Repression of Political Rights and Civil Liberties: An Empirical Analysis, Kyklos, Vol. 57 (2004), No. 1, pp. 45-65
  • Export Structure, FDI and Child Labour, Journal of Economic Integration, Vol. 19 (2004), No. 4, pp. 804-829 (with Sebastian Braun)
  • Trade and Investment Effects of Forced Labour: An Empirical Assessment, International Labour Review, Vol. 142 (2003), No. 1, pp. 49-71 (with Sebastian Braun)
  • Do Transnational Corporations Care About Labour Standards?, Journal of Developing Areas, Vol. 36 (2003), No. 2, pp. 49-68
  • Tariffs, Transport Costs and the WTO Doha Round: The Case of Developing Countries, Estey Centre Journal of International Law and Trade Policy, Vol. 4 (2003), No. 1, pp. 15 31
  • Do Labor Standards Affect Comparative Advantage in Developing Countries? World Development, Vol. 30 (2002), No. 11, pp. 1921-1932
  • Competition Intensity, Potential Competition and Transaction Cost Economics, World Competition, Vol. 25 (2002), No. 3, pp. 349-359
  • Foreign Direct Investment and Fandamental Workers‘ Rights, Journal of International Relations and Development, Vol. 5 (2002), No. 2, pp. 143-155
  • The EU-Mexico Free Trade Agreement: Incentives, Context and Effects, Journal of World Investment, Vol. 3 (2002), No. 1, pp. 97-126 (with Georg Koopmann)
  • Comparative Advantage, Trade and Labour Standards, Economics Bulletin, Vol. 6 (2002), No. 2, pp. 1-8
  • Transaktionskosten and Wettbewerbspolitik, Wirtschaft and Wettbewerb, Vol. 52 (2002), No. 2, pp. 112-120
  • Comercio Libre entre México y la Unión Europea – Efectos Económicos e Implicaciones Políticas, Economía, Teoría y Práctica, II/2001, pp. 37-62 (with Georg Koopmann)
  • NAFTA’s Impact on the European Union, Aussenwirtschaft, Vol. 51 (1996), No. 3, pp. 363-382

Chapters in Books

  • The Relationship between Double Taxation Treaties and Foreign Direct Investment, in Michael Lang et al. (eds.), Tax Treaties: Building Bridges between Law and Economics, Amsterdam: IBFD, 2010, pp. 3-18 (with Fabian Barthel, Richard Krever and Eric Neumayer)
  • Investitionsstandort Afrika, in Afrika-Verein der deutschen Wirtschaft (eds.), Vision Afrika, Hamburg: Afrika-Verein, 2009, pp. 34-37
  • Environmental Standards and the World Trade Organization: Evidence and Policy Implications, in: John-ren Chen, Christian Smekal and Karl Socher (eds.), Contributions to the Study of International Institutions and Global Governance, Innsbruck: Innsbruck University Press, 2009, pp. 131-148 (with Georg Koopmann)
  • Do Economic Partnership Agreements Lead to Better Governance in ACP Countries?, in Helmut Asche and Ulf Engel (eds.), Negotiating Regions: The EU, Africa and the Economic Partnership Agreements, Leipzig: Leipziger Universitätsverlag, 2008, pp. 61 77 (with Steffen Gröning)
  • Trade and FDI in Pollution-intensive Goods: Do Environmental Regulations Matter?, in Raimand Bleischwitz et al. (eds.), Environmental Economics: Institutions, Competition, Rationality, INFER Annual Conference, Berlin: VWF, 2006, pp. 225-249 (with Christian Spielmann)
  • Multinational Enterprises, Core Labour Standards and the Role of International Institutions, in John-ren Chen and David Sapsford (eds.), International Institutions and Multinational Enterprises, Cheltenham: Edward Elgar, 2004, pp. 124-142
  • Competition Policy and Transaction Cost Economics, in Clemens Esser and Michael Stierle (eds.), Current Issues in Competition Policy, INFER Research Vol. 8, Berlin: Verlag für Wissenschaft and Forschung, 2002, pp. 51-64
  • Conversion in Germany: The Macroeconomic Impact, in Nils Petter Gleditsch (ed.), The Peace Dividend, Contributions to Economic Analysis, Vol. 235, Amsterdam: North Holland, 1996, pp. 93-115 (with Björn Bloching)

Economic Policy Papers

  • Zwischen Konflikt und Kooperation: Chinesische Strafzölle, Wirtschaftsdienst, Vol. 92 (2012) No. 1, p. 6
  • Attracting FDI Through BITs and RTAs: Does Treaty Content Matter?, Columbia FDI Perspectives No. 75 (with Axel Berger, Peter Nunnenkamp and Martin Roy)
  • Revisiting the ACP-EU Economic partnership Agreements: The Role of Complementary Trade and Investment Policies, Intereconomics, Vol. 45 (2010), No. 4, pp. 249-254
  • On the Growth Performance of Sub-Saharan African Countries, Estey Centre Journal of International Law and Trade Policy, Vol. 11 (2010), No. 2, pp. 336-348
  • AKP-EU Economic Partnership Agreements: Verbesserung der Regierungsführung?, Wirtschaftsdienst, Vol. 87 (2007), No. 11, pp. 761-765 (with Steffen Gröning)
  • Institutional Prerequisites of Economic Partnership Agreements: The EU-ECOWAS Case, Intereconomics, Vol. 41 (2006), No. 2, pp. 231-235 (with Axel Borrmann)
  • Reform of the EU Sugar Market, Intereconomics, Vol. 41 (2006), No. 4, pp. 231-235 (with Franziska Jerosch)
  • EU/ACP Economic Partnership Agreements: Impact, Options and Prerequisites, Intereconomics, Vol. 40 (2005), No. 3, pp. 169-175 (with Axel Borrmann and Silke Neuhaus)
  • Handelsbezogene Aspekte sozialer Mindeststandards, Wirtschaftsdienst, Vol. 83 (2003), No. 2, pp. 125-129 (with Harald Großmann)
  • Transatlantische Handelsbeziehungen zwischen Konflikt and Kooperation, Wirtschaftsdienst, Vol. 82 (2002), No. 4, pp. 235-38 (with Georg Koopmann)
  • The Hub and Spoke Approach of EU Trade Policy, Intereconomics, Vol. 35 (2000), No. 4, pp. 153-154