Empirical Study of the Regional Differences of the Influences of Cultural Distance on Chinese Import-Export Trade
International Journal of Economics, Finance and Management Sciences
Volume 6, Issue 6, December 2018, Pages: 297-305
Received: Oct. 17, 2018;
Accepted: Nov. 14, 2018;
Published: Dec. 20, 2018
Views 109 Downloads 52
Tian Hui, The School of Business, Central South University, Changsha, China
Song Qing, The School of Business, Central South University, Changsha, China
Chu Tiansi, The School of Public Administration, Central South University, Changsha, China
According to the cultural clustering theory, this paper first classifies 31 countries/regions, China’s close trade partners, into 6 cultural clusters, and then empirically studies the influence of the cultural distance between China and each country within each cluster on Chinese import-export trade with them during 1995–2017. The results are in two aspects: First, there exist differences in the influence of the national cultural distance between China and each country within each cluster on Chinese import-export trade with them. In general, China’s export to each country in different cultural clusters is more susceptible to national cultural distance than its import from it. Second, there are also differences in the influence of the distance on each cultural dimension between China and each country within each cluster on Chinese import-export trade with them, and the influence directions are also different. Inspired by these conclusions, we further classify Chinese trade partners into 2 types: the export-sensitive type and the two-way sensitive type. These findings provide a new policy frame and constructive enlightenment for China to develop its international trade in the new era.
Empirical Study of the Regional Differences of the Influences of Cultural Distance on Chinese Import-Export Trade, International Journal of Economics, Finance and Management Sciences.
Vol. 6, No. 6,
2018, pp. 297-305.
Zhu, S. L., Han, S. Z. & Su, C. G. Woguo Shengji Quyu de Zhishi Chanquan Baohu, Chukou Shangpin Jiegou yu TFP Liandong. Jingji Dil, 33(10): 28-34 (2013).
Shen, Y. J. & Chen, L. Z. Dili Juli dui Woguo Jiagong Maoyi Yingxiang de Shizheng Fenxi. Shangye Shidai, (34): 40 -41 (2010).
Eichengreen, B & Irwin, D A. The role of history in bilateral trade flows[C]//The regionalization of the world economy. University of Chicago Press, 1998.
Bai, L. & Lyu, D. F. Guoji Maoyi Zhongde Wenhua Hubu Lilun. Beijing Industrial and Commercial University Journal, Social science section, 16(6): 48 -51 (2001).
Chen, X. Q. & Yan, Z. M. Guoji Wenhua Maoyi Yingxiang Yinsu de Shizheng Fenxi: Yi Meiguo 1996-2006 Nian Duiwai Wenhua Maoyi Shuangbian Shuzhu Yangben Weili. Nanjing Social Science, (4): 33-35 (2008).
Tadesse, B. & White, R. Does cultural distance hinder trade in goods? A comparative study of nine OECD member nations. Open Economies Review, 21(2): 237 -261 (2010).
Zhou, M. Intensification of geo-cultural homophily in global trade: Evidence from the gravity model. Social Science Research, 40(1): 193 – 209 (2011).
Linders, G. J., Slangen, A. & De Groot, H. Cultural and Institutional Determinants of Bilateral Trade Flows. Tinbergen Institute Discussion Paper, 2005.
Guiso, L., Sapienza, P. & Zingales, L. Cultural biases in economic exchange? The Quarterly Journal of Economics, 124 (3): 1095-1131 (2009).
Qu, R. Y. & Han, L. L. Zhongguo Wenhua Shangpin Maoyi Yingxiang Yinsu de Shizheng Yanjiu. Zhongguo Ruan Kexue (Chinese Soft Science), (11): 19- 31 (2010).
Kan, D. X., Lyu, L. J. & Luo, L. W. Zhidu Chayi yu Woguo Duiwai Maoyi Liuliang de Shizheng Yanjiu: Jiyu Maoyi Yinli Moxing. Jingji Weixian, (2): 55 – 60 (2013).
Geert, H. & Gert Jan, H.. Cultures and Organizations: Software of the Mind [2nd edition]. Translated by Li Yuan and Sun Jianmin. Beijing: Zhongguo Renmin Daxue Chuban She, 2010.
Sousa, C. M. P. & Bradley, F. Cultural distance and psychic distance: two peas in a pod?. Journal of International Marketing, 14(1): 49 -70 (2006).
Kogut, B & Singh, H. The effect of national culture on the choice of entry mode. Journal of International Business Studies, 19(3): 411-432 (1988).
Morosini, P., Shane, S. & Singh, H. National cultural distance and cross-Border acquisition performance. Journal of International Business Studies, (29): 137-158 (1998).
Ellis, P. D. Paths to foreign markets: Does distance to market affect firm internationalization? International Business Review, (16): 573-593 (2007).
Tihanyi, G. L., Griffith, D. A. and Russell, C. J.. The Effect of Cultural Distance on Entry Mode Choice, International Diversification, and MNE Performance: a Meta-analysis. Journal of International Business Studies, (36): 70-283 (2005).
Hofstede, G. Nationality and espoused values of managers. Journal of Applied Psychology, (61): 148 -155 (1976).
Hofstede, G. Culture's consequences: International differences in work related values. Beverly Hills: Sage, 1980.
Tian, H. & Jiang, C. C. Guojia Juli dui Guoji Maoyi de Yingxiang: Jiyu 31 ge Guojia he Diqu Maoyi Shuju de Yinli Moxing Fenxi. Guoji Maoyi Wenti, 351(3): 45 -52 (2012).
Hajikhameneh A, Kimbrough E O. Individualism, collectivism, and trade [J]. Experimental Economics, 2017: 1-31.
Moradbeigi M, Law S H. Growth volatility and resource curse: Does financial development dampen the oil shocks?[J]. Resources Policy, 2016, 48: 97-103.