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Article: The Effects of Bilateral Attitudes on Imports
Title | The Effects of Bilateral Attitudes on Imports |
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Authors | |
Keywords | attitude trade |
Issue Date | 2020 |
Publisher | Wiley-Blackwell Publishing Ltd. The Journal's web site is located at http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1467-9701 |
Citation | The World Economy, 2020, v. 43 n. 2, p. 371-387 How to Cite? |
Abstract | Research based on the gravity model has shown that non‐economic factors affect international trade, and recent studies have shown that people's perception affects economic exchange. In this study, we explore the effects of attitudes on bilateral trade. Using survey data from the Pew Research Center's Global Attitudes Projects for 68 countries from 2002 to 2015 we find that a more favorable attitude of a country toward another country will increase the former country's imports from the latter. The result is robust to endogeneity check, to different measures of attitudes, and to different estimation methods. However, heterogeneity is observed across different types of goods and countries. The result holds for trade in intermediate and consumer goods, but the effects are not statistically significant for capital goods. The effects are statistically significant for bilateral trade between different country groups, except for high‐income countries' imports from non‐high‐income countries. |
Persistent Identifier | http://hdl.handle.net/10722/279022 |
ISSN | 2023 Impact Factor: 2.6 2023 SCImago Journal Rankings: 0.943 |
ISI Accession Number ID |
DC Field | Value | Language |
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dc.contributor.author | Bao, X | - |
dc.contributor.author | Liu, Q | - |
dc.contributor.author | Qiu, LD | - |
dc.contributor.author | Zhu, D | - |
dc.date.accessioned | 2019-10-21T02:18:11Z | - |
dc.date.available | 2019-10-21T02:18:11Z | - |
dc.date.issued | 2020 | - |
dc.identifier.citation | The World Economy, 2020, v. 43 n. 2, p. 371-387 | - |
dc.identifier.issn | 0378-5920 | - |
dc.identifier.uri | http://hdl.handle.net/10722/279022 | - |
dc.description.abstract | Research based on the gravity model has shown that non‐economic factors affect international trade, and recent studies have shown that people's perception affects economic exchange. In this study, we explore the effects of attitudes on bilateral trade. Using survey data from the Pew Research Center's Global Attitudes Projects for 68 countries from 2002 to 2015 we find that a more favorable attitude of a country toward another country will increase the former country's imports from the latter. The result is robust to endogeneity check, to different measures of attitudes, and to different estimation methods. However, heterogeneity is observed across different types of goods and countries. The result holds for trade in intermediate and consumer goods, but the effects are not statistically significant for capital goods. The effects are statistically significant for bilateral trade between different country groups, except for high‐income countries' imports from non‐high‐income countries. | - |
dc.language | eng | - |
dc.publisher | Wiley-Blackwell Publishing Ltd. The Journal's web site is located at http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1467-9701 | - |
dc.relation.ispartof | The World Economy | - |
dc.rights | Preprint This is the pre-peer reviewed version of the following article: [FULL CITE], which has been published in final form at [Link to final article using the DOI]. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions. Postprint This is the peer reviewed version of the following article: [FULL CITE], which has been published in final form at [Link to final article using the DOI]. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions. | - |
dc.subject | attitude | - |
dc.subject | trade | - |
dc.title | The Effects of Bilateral Attitudes on Imports | - |
dc.type | Article | - |
dc.identifier.email | Qiu, LD: larryqiu@hku.hk | - |
dc.identifier.authority | Qiu, LD=rp01093 | - |
dc.description.nature | link_to_subscribed_fulltext | - |
dc.identifier.doi | 10.1111/twec.12867 | - |
dc.identifier.scopus | eid_2-s2.0-85076153774 | - |
dc.identifier.hkuros | 308098 | - |
dc.identifier.volume | 43 | - |
dc.identifier.issue | 2 | - |
dc.identifier.spage | 371 | - |
dc.identifier.epage | 387 | - |
dc.identifier.isi | WOS:000501340100001 | - |
dc.publisher.place | United Kingdom | - |
dc.identifier.issnl | 0378-5920 | - |