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Virtual proximity and audiovisual services trade

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  • Schmitz, Martin
  • Hellmanzik, Christiane

Abstract

Audiovisual services such as music and movies in digital formats have gained substantial importance over the last decade. This paper analyses audiovisual services in a gravity model framework. In particular, we explore the role of virtual proximity - a new proxy for cultural proximity based on bilateral hyperlinks and bilateral website visits between countries - and find that JEL Classification: F12, F15, Z10

Suggested Citation

  • Schmitz, Martin & Hellmanzik, Christiane, 2015. "Virtual proximity and audiovisual services trade," Working Paper Series 1826, European Central Bank.
  • Handle: RePEc:ecb:ecbwps:20151826
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    References listed on IDEAS

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    Cited by:

    1. repec:eee:jimfin:v:77:y:2017:i:c:p:164-179 is not listed on IDEAS
    2. Hellmanzik, Christiane & Schmitz, Martin, 2017. "Taking gravity online: The role of virtual proximity in international finance," Journal of International Money and Finance, Elsevier, vol. 77(C), pages 164-179.
    3. Philipp Harms & Daria Shuvalova, 2016. "Cultural Distance and International Trade in Services: A Disaggregate View," Working Papers 1606, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.

    More about this item

    Keywords

    audiovisual services; cultural proximity; hyperlinks; international trade; internet;

    JEL classification:

    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • F15 - International Economics - - Trade - - - Economic Integration
    • Z10 - Other Special Topics - - Cultural Economics - - - General

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