| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26960 |
| 来源ID | Working Paper 26960 |
| International Trade and Social Connectedness | |
| Michael Bailey; Abhinav Gupta; Sebastian Hillenbrand; Theresa Kuchler; Robert J. Richmond; Johannes Stroebel | |
| 发表日期 | 2020-04-13 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We use anonymized data from Facebook to construct a new measure of the pairwise social connectedness between 180 countries and 332 European regions. We find that two countries trade more with each other when they are more socially connected and when they share social connections with a similar set of other countries. The social connections that determine trade in each product are those between the regions where the product is produced in the exporting country and those where it is used in the importing country. Once we control for social connectedness, the estimated effect of geographic distance on trade declines substantially, and the effect of country borders disappears. Our findings suggest that social connectedness increases trade by reducing information asymmetries and by providing a substitute for both trust and formal mechanisms of contract enforcement. We also present evidence against omitted variables and reverse causality as alternative explanations for the observed relationships between social connectedness and trade flows. |
| 主题 | International Economics ; Trade ; Globalization and International Relations ; Financial Economics |
| URL | https://www.nber.org/papers/w26960 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584633 |
| 推荐引用方式 GB/T 7714 | Michael Bailey,Abhinav Gupta,Sebastian Hillenbrand,et al. International Trade and Social Connectedness. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w26960.pdf（1007KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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