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Culture and trade facilitation: How our values determine the effectiveness of trade institutions

Källén, Malin LU (2016) NEKN01 20161
Department of Economics
Abstract (Swedish)
In recent years new ways to deal with trade barriers, aside from the traditional tariff and quota reductions, has been introduced to trade negotiations. These have the collective name of trade facilitation and focuses on the less visible parts of barriers to trade. As this started to be discussed in policy circles economic research picked up interest as well. However, focus in the research has been on the effects of increased trade facilitation while little to nothing has been said about the causes, creating a large gap in the research. This study tries to shed light on this fact and investigates culture as one of many possible determinants behind the varying levels of trade facilitation. The field of culture is also relatively new in... (More)
In recent years new ways to deal with trade barriers, aside from the traditional tariff and quota reductions, has been introduced to trade negotiations. These have the collective name of trade facilitation and focuses on the less visible parts of barriers to trade. As this started to be discussed in policy circles economic research picked up interest as well. However, focus in the research has been on the effects of increased trade facilitation while little to nothing has been said about the causes, creating a large gap in the research. This study tries to shed light on this fact and investigates culture as one of many possible determinants behind the varying levels of trade facilitation. The field of culture is also relatively new in modern economic research but what have been unearthed so far is that many aspects of economic interactions and outcomes are affected by the different cultural traits. By using an OLS regression framework this study looks at the relationship between culture and trade facilitation and finds that the relationship is significant. Cultures aligning with the concept of generalised morality are generally better at facilitating trade than others which is also true for more religious countries. These results suggest that this relationship requires further research because of the large gains to make when trade facilitation reforms can be correctly directed. (Less)
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author
Källén, Malin LU
supervisor
organization
course
NEKN01 20161
year
type
H1 - Master's Degree (One Year)
subject
keywords
trade facilitation, Culture, trade, generalised morality, religion
language
English
id
8881089
date added to LUP
2016-06-22 14:26:07
date last changed
2016-06-22 14:26:07
@misc{8881089,
  abstract     = {In recent years new ways to deal with trade barriers, aside from the traditional tariff and quota reductions, has been introduced to trade negotiations. These have the collective name of trade facilitation and focuses on the less visible parts of barriers to trade. As this started to be discussed in policy circles economic research picked up interest as well. However, focus in the research has been on the effects of increased trade facilitation while little to nothing has been said about the causes, creating a large gap in the research. This study tries to shed light on this fact and investigates culture as one of many possible determinants behind the varying levels of trade facilitation. The field of culture is also relatively new in modern economic research but what have been unearthed so far is that many aspects of economic interactions and outcomes are affected by the different cultural traits. By using an OLS regression framework this study looks at the relationship between culture and trade facilitation and finds that the relationship is significant. Cultures aligning with the concept of generalised morality are generally better at facilitating trade than others which is also true for more religious countries. These results suggest that this relationship requires further research because of the large gains to make when trade facilitation reforms can be correctly directed.},
  author       = {Källén, Malin},
  keyword      = {trade facilitation,Culture,trade,generalised morality,religion},
  language     = {eng},
  note         = {Student Paper},
  title        = {Culture and trade facilitation: How our values determine the effectiveness of trade institutions},
  year         = {2016},
}