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This paper tests for one mechanism that can explain the existence of a language barrier to trade. Specifically, I ask … Canadian provinces that know the other's language(s). I find that trade in industries with a need to communicate directly … (orally) with importers increases with the probability that people in another province speak the same language. This finding …
Persistent link: https://www.econbiz.de/10011373519
This paper tests for one mechanism that can explain the existence of a language barrier to trade. Specifically, I ask … Canadian provinces that know the other's language(s). I find that trade in industries with a need to communicate directly … (orally) with importers increases with the probability that people in another province speak the same language. This finding …
Persistent link: https://www.econbiz.de/10005558189
This paper tests for one mechanism that can explain the existence of a language barrier to trade. Specifically, I ask … Canadian provinces that know the other's language(s). I find that trade in industries with a need to communicate directly … (orally) with importers increases with the probability that people in another province speak the same language. This finding …
Persistent link: https://www.econbiz.de/10012715479
Persistent link: https://www.econbiz.de/10003820721
Somatic distance, or differences in physical appearance, proves to be extremely important in the gravity model of bilateral trade in conformity with results in other areas of economics and outside of it in the social sciences. This is also true quite independently of survey evidence about...
Persistent link: https://www.econbiz.de/10011847586
The significance of a common language in foreign trade hinges on translation as well as the ability to communicate … explain adequately the impact of a common language on foreign trade. Linguistic diversity at home also promotes foreign trade …. But the most significant linguistic influence of all on foreign trade is the ability to read and write any language …
Persistent link: https://www.econbiz.de/10005123599
Cultural factors and especially common languages are well-known determinants of trade. By contrast, the knowledge of foreign languages was not explored in the literature so far. We combine traditional gravity models with data on fluency in the main languages used in EU and candidate countries....
Persistent link: https://www.econbiz.de/10013056833
threat President Trump has made if the proposed United States-Mexico-Canada Agreement is not passed by the U.S. Congress. We … the biggest loser; Canada is the biggest loser. Canada's welfare (per capita income) loss of 2.11 percent is nearly two …
Persistent link: https://www.econbiz.de/10012026353
This paper aims to analyse the effect of trade facilitation on sectoral trade flows. We use data from the World Bank’s Doing Business Database on the fees associated with completing the procedures to export or import goods in a country, on the number of documents needed and on the required...
Persistent link: https://www.econbiz.de/10005635394
The nominal effective exchange rate (EER) of a currency is an index of the tradeweighted average of its bilateral exchange rates vis-à-vis the currencies of selected trading partners, while the real EER is derived by adjusting the nominal index for relative prices or costs. The nominal EER...
Persistent link: https://www.econbiz.de/10014558999