Trips and Trade

Volker Nitsch

Publications of Darmstadt Technical University, Institute for Business Studies (BWL) from Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL)

Abstract: Politicians travel a lot, for various reasons. The types of trips to foreign countries range, for instance, from a formal, highly‐orchestrated, multi‐day visit to brief logistical stop‐overs, from the regular exchange of information during official talks in a working environment to ceremonial visits. This chapter reviews selected issues in the analysis of the economic effects of foreign travels by politicians. It starts by highlighting possible differences in the effects dependent on the visitor’s official position. Next, it is emphasized that only few travels, dependent on their purpose, may be economically relevant. Finally, issues related to the choice of the travel destination are discussed.

Date: 2018-03-03
New Economics Papers: this item is included in nep-int and nep-tre
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Published in Darmstadt Discussion Papers in Economics . 230 (2018-03-03)

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Chapter: Trips and trade (2018)
Working Paper: Trips and trade (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:dar:wpaper:95080

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