Citation
Discussion Paper Details
Please find the details for DP7228 in an easy to copy and paste format below:
Full Details | Bibliographic Reference
Full Details
Title: Foreign Languages and Trade
Author(s): Jan Fidrmuc and Jarko Fidrmuc
Publication Date: March 2009
Keyword(s): European integration, foreign trade, Gravity models, language and quantile regression
Programme Area(s): Public Economics
Abstract: Cultural factors and especially common languages are well-known determinants of trade. By contrast, the knowledge of foreign languages was not explored in the literature so far. We combine traditional gravity models with data on fluency in the main languages used in EU and candidate countries. We show that widespread knowledge of languages is an important determinant for foreign trade, with English playing an especially important role. Other languages (French, German, and Russian) play an important role mainly in particular regions. Furthermore, we argue that the effect of foreign languages on trade may be non-linear. The robustness of our results is confirmed by quantile regressions.
For full details and related downloads, please visit: https://cepr.org/active/publications/discussion_papers/dp.php?dpno=7228
Bibliographic Reference
Fidrmuc, J and Fidrmuc, J. 2009. 'Foreign Languages and Trade'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=7228