Foreign languages and trade:

Cultural factors and especially common languages are well-known determinants of trade. By contrast, the knowledge of foreign languages was not explored in the literature so far. We combine traditional gravity models with data on fluency in the main languages used in EU and candidate countries. We sh...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Beteiligte Personen: Fidrmuc, Jan 1971- (VerfasserIn), Fidrmuc, Jarko 1968- (VerfasserIn)
Format: Buch
Sprache:Englisch
Veröffentlicht: Munich Univ., Center for Economic Studies 2014
Schriftenreihe:CESifo working paper series 4670 : Category 8, Trade policy
Links:http://www.cesifo-group.de/de/ifoHome/search/result.html?main.query=4670
Zusammenfassung:Cultural factors and especially common languages are well-known determinants of trade. By contrast, the knowledge of foreign languages was not explored in the literature so far. We combine traditional gravity models with data on fluency in the main languages used in EU and candidate countries. We show that widespread knowledge of languages is an important determinant for foreign trade, with English playing an especially important role. The robustness of our results is confirmed by a natural experiment of trade between Eastern and Western Europe.
Beschreibung:Literaturverz. S.18-20
Umfang:26 S. graph. Darst., Tab., Kt.