Skip to Main content Skip to Navigation
Journal articles

Cultural Proximity and Trade

Abstract : Cultural proximity is an important determinant of bilateral trade volumes. However, empirical quantification and testing are difficult due to the elusiveness of the concept and lack of observability. This paper draws on bilateral score data from the Eurovision Song Contest, a very popular pan-European television show, to construct a measure of cultural proximity which varies over time and within country pairs, and that correlates strongly with conventional indicators. Within the framework of a theory-grounded gravity model, we show that our measure positively affects trade volumes even if controlling for standard measures of cultural proximity and bilateral fixed effects.
Document type :
Journal articles
Complete list of metadatas

Cited literature [38 references]  Display  Hide  Download

https://halshs.archives-ouvertes.fr/halshs-00641280
Contributor : Farid Toubal <>
Submitted on : Tuesday, November 15, 2011 - 12:25:24 PM
Last modification on : Tuesday, January 19, 2021 - 11:08:54 AM
Long-term archiving on: : Thursday, February 16, 2012 - 2:26:04 AM

File

esc.pdf
Publisher files allowed on an open archive

Identifiers

Citation

Gabriel Felbermayr, Farid Toubal. Cultural Proximity and Trade. European Economic Review, Elsevier, 2010, 54, pp.279-293. ⟨10.1016/j.euroecorev.2009.06.009⟩. ⟨halshs-00641280⟩

Share

Metrics

Record views

1382

Files downloads

4472