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dc.contributor.authorFelbermayr, Gabrielen_US
dc.contributor.authorToubal, Fariden_US
dc.date.accessioned2008-02-21en_US
dc.date.accessioned2010-09-24T14:42:33Z-
dc.date.available2010-09-24T14:42:33Z-
dc.date.issued2006en_US
dc.identifier.piurn:nbn:de:bsz:21-opus-22501en_US
dc.identifier.urihttp://hdl.handle.net/10419/40331-
dc.description.abstractCultural proximity increases bilateral trade flows through a trade-cost and a bilateral-affinity (preferences) channel. Conventional measures of cultural proximity, such as common language, common religion, etc., do not allow to separately quantify those channels empirically. We argue that quality-adjusted Eurovision Song Contest (ESC) scores can be used as dyadic, time-variant information on European countries' cultural proximity. Assuming that the tradecost related component of cultural proximity is time-invariant, in a gravity model of bilateral trade, the time dimension of the ESC data allows to identify the preferences effect. The validity of our identification strategy can be tested by exploiting the lack of systematic reciprocity in ESC scores. While we find robust evidence for a sizable preferences effect, the impact of cultural proximity on trade runs largely through the cost effect.en_US
dc.language.isoengen_US
dc.publisherUniv., Wirtschaftswiss. Fak. Tübingenen_US
dc.relation.ispartofseriesTübinger Diskussionsbeitrag 305en_US
dc.subject.jelF12en_US
dc.subject.jelF15en_US
dc.subject.jelZ10en_US
dc.subject.ddc330en_US
dc.subject.keywordinternational tradeen_US
dc.subject.keywordgravity equationen_US
dc.subject.keywordcultural prox imityen_US
dc.subject.keywordidentificationen_US
dc.subject.stwInternationale Wirtschaftsbeziehungenen_US
dc.subject.stwGravitationsmodellen_US
dc.subject.stwKulturpsychologieen_US
dc.subject.stwMusiken_US
dc.subject.stwEuropaen_US
dc.titleCultural proximity and tradeen_US
dc.typeWorking Paperen_US
dc.identifier.ppn558780695en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:tuedps:305-
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