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El español en el comercio internacional

Author

Listed:
  • Juan Carlos Jiménez

    (Universidad de Alcalá)

  • Aránzazu Narbona

    (Universidad de Alcalá)

Abstract

The aim of this paper is to estimate how much worthy is Spanish language, that is, how much this common language promotes international trade. In order to quantify its economic effects, it is implemented a gravity model with panel data that collects bilateral trade flows between 51 countries for the period 1996-2004. In addition to the basic variables of these models, the equation incorporates both cultural and institutional determinants. It carefully concludes that countries sharing Spanish as a common language trade almost 290 for 100 more among themselves than with other countries. This language coefficient is even more intensive than in the case of English speaking countries.

Suggested Citation

  • Juan Carlos Jiménez & Aránzazu Narbona, 2008. "El español en el comercio internacional," Documentos de Trabajo del Instituto Complutense de Estudios Internacionales 10-08, Universidad Complutense de Madrid, Instituto Complutense de Estudios Internacionales.
    • Handle: RePEc:ucm:dticei:10-08
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