Abstract
This research focuses on how cultural and geographical distance affect trade. The question is whether UK exports are similarly affected by Hofstede national culture distance and geographical distance. OECD data is applied to the United Kingdom’s exports as well as Hofstede cultural distance. The research also accounts for the trading countries’ economic size, as well as their market size, in order to account for economies of scale. Results indicate that exports are more impacted by geographical distance than the cultural distance between the UK and its main trading partners.
| Original language | English |
|---|---|
| Pages (from-to) | 275-279 |
| Number of pages | 5 |
| Journal | Applied Economics Letters |
| Volume | 27 |
| Issue number | 4 |
| DOIs | |
| Publication status | Published - 23 Feb 2020 |
Bibliographical note
Publisher Copyright: © 2019, © 2019 Informa UK Limited, trading as Taylor & Francis Group.UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 1 No Poverty -
SDG 5 Gender Equality -
SDG 6 Clean Water and Sanitation -
SDG 7 Affordable and Clean Energy -
SDG 8 Decent Work and Economic Growth -
SDG 9 Industry, Innovation, and Infrastructure -
SDG 10 Reduced Inequalities -
SDG 13 Climate Action
Other keywords
- Exports
- Hofstede national culture
- UK
- gravity model
- trade
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