Asymmetric Cultural Discounting and Pattern of Trade in Cultural Products: Empirical Evidence in Motion Pictures
Asymmetric Cultural Discounting and Pattern of Trade in Cultural Products: Empirical Evidence in Motion Pictures
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非对称文化折扣与文化产品贸易模式：电影中的经验证据
DOI：
10.1111/twec.12861
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发表时间：
2019
期刊：
影响因子：
--
通讯作者：
J. McKenzie
中科院分区：
文献类型：
--
作者：
Sunny Y. Shin;J. McKenzie
我们通过结合不对称文化折扣来扩展Helpman和Krugman的开创性国内市场效应模型（市场结构和对外贸易，麻省理工学院出版社，剑桥，马萨诸塞州，1985）。除了国内市场效应外，我们的模型预测，随着贸易自由化的加速，文化折扣系数相对较低的国家将成为净出口国。利用电影行业的国际票房收入，并根据游客到达统计数据制定不对称文化折扣衡量标准，我们发现了这一假设的实证支持。我们的模型解释了较小的英语国家在较大的非英语国家中持续的文化主导地位，而这种现象不能仅用国内市场效应来解释。
We extend the seminal home market effect model of Helpman and Krugman (Market structure and foreign trade, MIT Press, Cambridge, MA, 1985) by incorporating asymmetric cultural discounting. In addition to the home market effect, our model predicts that a country subject to a relatively lower cultural discount factor becomes a net exporter as trade liberalisation accelerates. Using international box office revenues in the motion picture industry and developing a measure of asymmetric cultural discount based on tourist‐arrival statistics, we find empirical support for this hypothesis. Our model provides an explanation for the continued cultural dominance of smaller English‐speaking countries in larger non‐English‐speaking countries, which cannot be explained by the home market effect alone.
DOI：
10.2139/ssrn.1475707
发表时间：
2006-12
期刊：
International Trade
影响因子：
--
作者：
A. Bernard;S. Redding;Peter K. Schott
通讯作者：
A. Bernard;S. Redding;Peter K. Schott