Magnus Tolum Buus
Welcome to my website!
I am an economist focusing on international trade and a postdoctoral researcher at the University of Copenhagen.
Please find my research papers below.
CV available here
E-mail: mb@econ.ku.dk
Phone: (+45) 31 39 14 62
Working Papers
Reject and Resubmit at Journal of International Economics
Abstract: This paper provides novel causal evidence of network effects in export markets. Using Danish firm-to-firm trade data, I show that a larger existing buyer network leads to more new buyer relationships. Specifically, one additional buyer match in the previous year leads to 0.2 new buyer matches. I establish causality by exploiting variation in exporters’ access to export promotion services. I complement the direct, causal evidence with indirect, correlational evidence based on observed price variation both in the cross-section and over time. Network effects explain about half the total accumulation of buyers by Danish exporters and, hence, is an important driver of total export growth. These findings have important implications for the optimal design of trade policies: Matching new exporters to foreign importers should be a primary objective.
Publications
Forthcoming at The Review of Economics and Statistics
With: Jakob R. Munch, Joel Rodrigue, and Georg Schaur
Work in Progress
R&D Employment and Transmission in Trade and MNE Networks: Evidence from a R&D Tax Reform
With: Björn T. Arnarson, Jakob R. Munch, and Georg Schaur
Growing Together and Apart: Scale Economies and Specialization
With: Björn T. Arnarson, Andreas Moxnes, Jakob R. Munch, and Chong Xiang
Policy Relevant Information Frictions in Export Markets
With: Jakob R. Munch, Joel Rodrigue, and Georg Schaur
Risky Business: Export Finance Insurance and Trade
With: Thilo Kroeger, Kalina Manova, and Jakob R. Munch
The Global Benefits of Export Promotion
With: Trang Hoang and Joel Rodrigue