Cultural Barriers in International Trade and the

Jaeok Park
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Jaeok Park: Yonsei University Protection and Promotion of Culture

Korean Economic Review, 2015, vol. 31, 267-300

Abstract: I present a model of international trade with cultural barriers and cultural learning. There are two countries that can produce a manufacturing good and cultural goods and can trade with each other. Due to cultural difference, consumers in a country have difficulty in appreciating cultural goods produced in the other country, which creates cultural barriers, and consumers can overcome these barriers by investing in cultural learning. I first study trade equilibrium given cultural barriers in the two countri es, and then I analyze decisions on cultural learning under three different scenarios and compare them. Based on the analysis, I provide economic explanations for countries�� policies to protect and promote their own cultures at home and abroad.

Keywords: Cultural Barriers; Cultural Learning; Cultural Protectionism; International Trade (search for similar items in EconPapers)
JEL-codes: F10 F12 Z10 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (1)

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