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Bilateral trade of cultural goods

[journal article]

Disdier, Anne-Célia; Tai, Silvio H. T.; Fontagné, Lionel; Mayer, Thierry

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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.
Classification Cultural Sociology, Sociology of Art, Sociology of Literature; Economic Sectors
Free Keywords Cultural goods; Cultural tastes; International trade; Gravity; F10; Z10
Document language English
Publication Year 2009
Page/Pages p. 575-595
Journal Review of World Economics, 145 (2009) 4
DOI http://dx.doi.org/10.1007/s10290-009-0030-5
Status Postprint; peer reviewed
Licence PEER Licence Agreement (applicable only to documents from PEER project)