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This paper assesses the role of a larger degree of common language use between the populations of two countries on the so-called extensive product margin of trade. We focus on the overlap of products exported or imported between any pair of countries. The results suggest that the effect of...
Persistent link: https://www.econbiz.de/10013052069
Casual observation suggests that cultural differences play an important role in business transactions, yet systematic evidence on this relationship is scarce. This paper provides a novel investigation of the effect of cultural distance on multinational firms' decisions to integrate their...
Persistent link: https://www.econbiz.de/10014313474
Casual observation suggests that cultural differences play an important role in business transactions, yet systematic evidence on this relationship is scarce. This paper provides a novel investigation of the effect of cultural distance on multinational firms’ decisions to integrate their...
Persistent link: https://www.econbiz.de/10014346366
Cultural allegiances whether inherited, imposed or chosen, affect economic activity. Many of these cultural layers – ethnic background, religion, language, ideological orientation, and artistic interests – spill over national boundaries. Cultural ideas travel the world along many routes from...
Persistent link: https://www.econbiz.de/10014023796
, international trade and economic activity for the 16 German federal states (Länder). With panel data econometrics we show that …
Persistent link: https://www.econbiz.de/10009312089
This paper adopts the industrial capabilities argument and the concept of revealed comparative advantage as the basis for evaluating the competitiveness of the UK creative industries in sustaining export growth. The empirical results have revealed a heterogeneous nature of the economic linkages...
Persistent link: https://www.econbiz.de/10014212379
This paper studies the influence of a country¡¯s transnational social capital - defined as the shared customary values and beliefs of emigrant communities - on its external transactions. It uses Italy¡¯s emigrant associations abroad as a proxy of transnational social capital and measures its...
Persistent link: https://www.econbiz.de/10010585968
Persistent link: https://www.econbiz.de/10013329639
Persistent link: https://www.econbiz.de/10014364440
directors, as well as political connections to financial distress. Panel data from these variables were obtained from companies … finding explains the political connection has no positive effect to financial distress. Panel data-based research through … simultaneous testing can be considered for principals in appointing agents to manage the company. Simultaneous analysis of panel …
Persistent link: https://www.econbiz.de/10014443933