The Eurovision Song Contest, Preferences and European Trade
Ari Kokko and
Patrik Tingvall
No 183, Ratio Working Papers from The Ratio Institute
Abstract:
Already Beckerman (1956) and Linder (1961) suggested that international trade is not determined by supply side factors alone – perceptions about foreign countries and country preferences matter. We explore the relation between exports, cultural distance, income differences and country preferences as revealed by voting in the European Song Contest. We conclude that preferences influence trade through several channels, and that results of the European Song Contest are a robust predictor of bilateral trade.
Keywords: International trade; Country preferences; Gravity model; The Eurovision Song Contest (search for similar items in EconPapers)
JEL-codes: F12 F14 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2012-01-25
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Citations: View citations in EconPapers (7)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:ratioi:0183
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