Ohyun Kwon

Research

My research is in international trade, with a focus on economic sanctions, globalization and the environment, and trade policy. Full details are in my CV and on Google Scholar.

Publications

  1. “A Generalized Poisson-Pseudo Maximum Likelihood Estimator” (with Jangsu Yoon and Yoto V. Yotov). Journal of Business & Economic Statistics, 2025. DOI
  2. “The Reallocation Effect of Cap-and-Trade: Evidence from China” (with Hao Zhao and Min Qiang Zhao). Canadian Journal of Economics, accepted, 2025.
  3. “International Trade and the Currency Composition of Corporate Debt” (with Yang Jiao and Saiah Lee). Journal of Money, Credit and Banking, accepted, 2025.
  4. “The Global Sanctions Data Base — Release 4: The Heterogeneous Effects of the Sanctions on Russia” (with Erdal Yalcin, Gabriel Felbermayr, Heider Kariem, Aleksandra Kirilakha, Constantinos Syropoulos, and Yoto V. Yotov). The World Economy, 2025.
  5. “Identifying and Quantifying the Extraterritorial Effects of Sanctions” (with Constantinos Syropoulos and Yoto V. Yotov). European Economic Review 170 (2024): 104888. open access
  6. “Global Firms and Emissions: Investigating the Dual Channels of Emissions Abatement” (with Hao Zhao and Min Qiang Zhao). Journal of Environmental Economics and Management 118 (2023): 102772.

Working Papers

  1. “Product-Level Emission Intensities: Measurement and Application to the Carbon Border Adjustment Mechanism” (with Hao Zhao and Min Qiang Zhao), August 2025.
  2. “From Imposition to Lifting: Estimating the Effects of Sanctions Over Their Lifecycle” (with Arne J. Nagengast, Jangsu Yoon, and Yoto V. Yotov), July 2024. (paper available by request)
  3. “Do Sanctions Affect Growth?” (with Constantinos Syropoulos and Yoto V. Yotov), January 2026. Revision requested, International Economic Review.
  4. “Does RMB Internationalization Promote Cross-Border Trade?” (with Yang Jiao and Saiah Lee), September 2024. (submitted)
  5. “Currency Swap and Export Currency Invoicing” (with Yang Jiao, Saiah Lee, and Shang-Jin Wei). (coming soon)

Work in Progress

  1. “Bias Decomposition in Nonlinear Difference-in-Differences: The Case of Sanctions” (with Arne J. Nagengast, Jangsu Yoon, and Yoto V. Yotov).
  2. “On the Estimation of Clean Technology Using Firm-level Production and Emissions Data” (with Hongsong Zhang, Hao Zhao, and Min Qiang Zhao).

Policy and Other Writings