Presidential Marketing: Trade Promotion Effects of State Visits

被引：17
作者：
Beaulieu, Eugene [1 ]
Lian, Zeng [2 ]
Wan, Shan [3 ]
机构：
[1] Univ Calgary, Dept Econ, Calgary, AB, Canada
[2] Beijing Foreign Studies Univ, Int Business Sch, Beijing 100089, Peoples R China
[3] Shanghai Univ Int Business & Econ, Sch Business, Shanghai, Peoples R China
来源：
GLOBAL ECONOMIC REVIEW | 2020年 / 49卷 / 03期
关键词：
Trade; state visit; China; instrument variable;
D O I：
10.1080/1226508X.2020.1792329
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper studies the trade promotion effects of state visits paid by Chinese political leaders by analyzing China's trade flow with 184 countries between 1998 and 2014. International events are used to instrument state visits. The results find that trade promotion effects come two years after the visits. Moreover, the promotion effects are biased towards the industries and firms with connections to the government. Trade barriers offset the promotion effects of state visits.
引用
收藏
页码：309 / 327
页数：19
相关论文
共 25 条
  • [1] Political Limits to Globalization
    Acemoglu, Daron
    Yared, Pierre
    [J]. AMERICAN ECONOMIC REVIEW, 2010, 100 (02) : 83 - 88
  • [2] Do Autocratic States Trade Less?
    Aidt, Toke S.
    Gassebner, Martin
    [J]. WORLD BANK ECONOMIC REVIEW, 2010, 24 (01) : 38 - 76
  • [3] [Anonymous], 2007, IVREG2 STATA MODULE
  • [4] Commercial Imperialism? Political Influence and Trade During the Cold War
    Berger, Daniel
    Easterly, William
    Nunn, Nathan
    Satyanath, Shanker
    [J]. AMERICAN ECONOMIC REVIEW, 2013, 103 (02) : 863 - 896
  • [5] Chan G., 2016, WORKING PAPER
  • [6] National Sentiment and Consumer Choice: The Iraq War and Sales of US Products in Arab Countries
    Clerides, Sofronis
    Davis, Peter
    Michis, Antonis
    [J]. SCANDINAVIAN JOURNAL OF ECONOMICS, 2015, 117 (03) : 829 - 851
  • [7] Boycott or Buycott?: Internal Politics and Consumer Choices
    Cuadras-Morato, Xavier
    Maria Raya, Josep
    [J]. B E JOURNAL OF ECONOMIC ANALYSIS & POLICY, 2016, 16 (01): : 185 - 218
  • [8] State Control and the Effects of Foreign Relations on Bilateral Trade
    Davis, Christina L.
    Fuchs, Andreas
    Johnson, Kristina
    [J]. JOURNAL OF CONFLICT RESOLUTION, 2019, 63 (02) : 405 - 438
  • [9] Disdier A.-C., 2007, Eur. J. Political Econ., V23, P1140
  • [10] Nationalism and Economic Exchange: Evidence from Shocks to Sino-Japanese Relations
    Fisman, Raymond
    Hamao, Yasushi
    Wang, Yongxiang
    [J]. REVIEW OF FINANCIAL STUDIES, 2014, 27 (09) : 2626 - 2660
123