Cultural and geographical distance: Effects on UK exports

Helga Kristjánsdóttir; Þórhallur Örn Guðlaugsson; Svala Guðmundsdóttir; Gylfi Dalmann Aðalsteinsson

doi:10.1080/13504851.2019.1613495

Cultural and geographical distance: Effects on UK exports

Helga Kristjánsdóttir, Þórhallur Örn Guðlaugsson, Svala Guðmundsdóttir, Gylfi Dalmann Aðalsteinsson

University of Akureyri, University of Iceland

Research output: Contribution to journal › Article › peer-review

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	https://doi.org/10.1080/13504851.2019.1613495
Publication status	Published - 23 Feb 2020

Bibliographical note

Other keywords

Exports
Hofstede national culture
UK
gravity model
trade

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1080/13504851.2019.1613495

Cite this

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title = "Cultural and geographical distance: Effects on UK exports",

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{\textquoteright}s exports as well as Hofstede cultural distance. The research also accounts for the trading countries{\textquoteright} 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.",

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AU - Kristjánsdóttir, Helga

AU - Guðlaugsson, Þórhallur Örn

AU - Guðmundsdóttir, Svala

AU - Aðalsteinsson, Gylfi Dalmann

PY - 2020/2/23

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AB - 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.

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KW - International economics

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KW - UK

KW - gravity model

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Cultural and geographical distance: Effects on UK exports

Abstract

Bibliographical note

Other keywords

UN SDGs

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