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The Eurovision Song Contest, Preferences and European Trade

Author

Listed:
  • Kokko, Ari

    () (Copenhagen Business School Department of International Economics and Management)

  • Gustavsson Tingvall, Patrik

    () (The Ratio Institute)

Abstract

Already Beckerman (1956) and Linder (1961) suggested that international trade is not determined by supply side factors alone – perceptions about foreign countries and country preferences matter. We explore the relation between exports, cultural distance, income differences and country preferences as revealed by voting in the European Song Contest. We conclude that preferences influence trade through several channels, and that results of the European Song Contest are a robust predictor of bilateral trade.

Suggested Citation

  • Kokko, Ari & Gustavsson Tingvall, Patrik, 2012. "The Eurovision Song Contest, Preferences and European Trade," Ratio Working Papers 183, The Ratio Institute.
  • Handle: RePEc:hhs:ratioi:0183
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    File URL: http://ratio.se/app/uploads/2014/11/ak_pt_eurovision_183.pdf
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    References listed on IDEAS

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    Blog mentions

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    1. May I have your votes please?
      by Thijs in eco.nomie.nl on 2013-05-08 01:59:24

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    Cited by:

    1. repec:kap:jculte:v:41:y:2017:i:4:d:10.1007_s10824-016-9272-y is not listed on IDEAS
    2. Budzinski, Oliver & Pannicke, Julia, 2017. "Does popularity matter in a TV song competition? Evidence from a national music contest," Ilmenau Economics Discussion Papers 106, Ilmenau University of Technology, Institute of Economics.
    3. repec:kap:jculte:v:41:y:2017:i:4:d:10.1007_s10824-016-9277-6 is not listed on IDEAS
    4. Oliver Budzinski & Julia Pannicke, 2017. "Culturally biased voting in the Eurovision Song Contest: Do national contests differ?," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 41(4), pages 343-378, November.

    More about this item

    Keywords

    International trade; Country preferences; Gravity model; The Eurovision Song Contest;

    JEL classification:

    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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