http://www.osteuropa-institut.de/en/staff/prof-dr-richard-frensch.html
Prof. Dr. Richard Frensch
Deputy Director; Head, Department of Economics, Migration and Integration
Richard Frensch studied economics and Slavic languages at the universities of Bonn and
Kansas and earned degrees as M.A. in Economics (1982) and Diplom-Volkswirt (1984). In
1987, he graduated from a Russian area studies program at the University of Munich where he
also did his Ph.D. in economics (Dr. oec. publ) in 1992. Habilitation at the University of
Regensburg followed in 2009. During his professional career at the Osteuropa-Institut (first in
Munich, since 2007 in Regensburg), Mr. Frensch has on several occasions been seconded to
perform advisory functions for the governments of the Czech Republic and Ukraine. He also
worked for the United Nations.
He is the managing editor of Economic Systems, published for the OEI in collaboration with
the European Association for Comparative Economic Studies. His areas of research are
international trade, growth and convergence.Tel: (++49 941) 943-5412
Email | CV | Publications | Projects |Teaching | Economic Systems
He currently works on the following project:
Outsourcing and institutions
Trade flows and patterns respond to the design of institutions, technology or equipmentrelated comparative advantages can strengthen or weaken these trade flows. Just because this
is so, there is also a theoretically justifiable presumption of reverse causality, while trade
generates benefits. This interdependence between foreign trade and economic related
institutional design has not been examined yet in the light of various categories for the use of
goods. Here is a contribution in this direction, with particular focus on trade flows, which go
back to outsourcing, and are therefore likely to react with the figure of fragmented production
processes and are particularly sensitive to the design of legal and labor market-related
institutions.
Empirical verification of institutional influence already suffers from the endogeneity
explicitly formulated here. In this work, these are to be addressed by an only geographically
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determined instrumentation with gravity estimates (Frankel and Romer, 1999) or by
difference-in-difference approaches (Giavazzi and Tabellini, 2005).
The focus on trade flows between Western and Eastern Europe also allows to use the
experimental nature of trade liberalization, and also to examine the influence of democratic
rules of the interdependence between outsourcing and economically relevant institutions.
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