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Bilateral Trade of Cultural Goods

Author

Listed:
  • Anne-Célia Disdier
  • Silvio H.T. Tai
  • Lionel Fontagné
  • Thierry Mayer

Abstract

International trade flows of cultural goods have grown rapidly over the last decades and their liberalization will be an important issue of future multilateral trade negotiations. In this paper, we focus on bilateral trade in cultural goods and investigate its determinants. Furthermore, we use trade in cultural goods as a proxy for countries' cultural proximity and study if countries with proximate cultural tastes have more intense bilateral exchanges. Our estimations show a positive and significant influence of cultural flows on overall trade, suggesting that regulations fostering domestic cultural creation might have impacts going beyond what is generally expected.
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Suggested Citation

  • Anne-Célia Disdier & Silvio H.T. Tai & Lionel Fontagné & Thierry Mayer, 2007. "Bilateral Trade of Cultural Goods," Working Papers 2007-20, CEPII research center.
    • Handle: RePEc:cii:cepidt:2007-20
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    More about this item

    Keywords

    International trade models and databases; Gravity model; Simulation;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • Z10 - Other Special Topics - - Cultural Economics - - - General

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