Cultural distance and international trade in services: A disaggregate view |
| |
| Institution: | 1. The Center for Research on International Economics and Department of Economics, The University of Wisconsin-Milwaukee, USA;2. Department of Economics, College of Social Sciences and Public Policy, Florida State University, Tallahassee, FL 32306, USA;1. School of Business, Universidad Adolfo Ibañez, Chile;2. Department of Economics, Faculty of Economics and Business, Universidad de Chile, Chile;3. Universidad de Chile, Chile;1. New York University and NBER, USA;2. Paris School of Economics and CEPR, France |
| |
| Abstract: | In this paper, we estimate the effect of “cultural distance” on bilateral trade in services. The measure of cultural distance we use is based on scores that reflect country averages of individuals’ attitudes towards inequality, self-orientation, competition, uncertainty, traditions, and indulgence. Controlling for standard ingredients of gravity equations, we show that an aggregate measure of cultural distance has a significantly negative effect on total bilateral services trade. Once we take a more disaggregate view, we find that the strength of this effect differs across various types of services and various aspects of cultural distance. |
| |
| Keywords: | Trade in services Cultural distance Gravity equation |
| 本文献已被 ScienceDirect 等数据库收录！ |
|
