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International trade and face-to-face diplomacy

hal.structure.identifierLaboratoire d'Economie de Dauphine [LEDa]
dc.contributor.authorLavallée, Emmanuelle
hal.structure.identifierEquipe de Recherche sur l’Utilisation des Données Individuelles en lien avec la Théorie Economique [ERUDITE]
dc.contributor.authorLochard, Julie
dc.date.accessioned2022-02-17T14:51:16Z
dc.date.available2022-02-17T14:51:16Z
dc.date.issued2022
dc.identifier.issn1610-2878
dc.identifier.urihttps://basepub.dauphine.psl.eu/handle/123456789/22664
dc.language.isoenen
dc.subjectInternational tradeen
dc.subjectExportsen
dc.subjectEconomic diplomacyen
dc.subjectVisiten
dc.subject.ddc337en
dc.subject.classificationjelF10en
dc.subject.classificationjelF14en
dc.subject.classificationjelF50en
dc.titleInternational trade and face-to-face diplomacyen
dc.typeArticle accepté pour publication ou publié
dc.description.abstractenThis paper examines the effects of foreign visits by public officials on international trade. Using an original database that gathers more than 13,000 visits of French officials abroad and of foreign officials in France over the 1977–2007 period, it is shown that a bilateral visit to a foreign country is associated with an increase in French exports by 8% on average. This average effect hides considerable heterogeneity across world regions. The paper provides some evidence on the underlying mechanisms and finds that face-to-face visits mitigate trade costs related to contractual enforcement, insecurity and information. Indeed, analysis at the sectoral level reveals that visits increase French exports of a large variety of products, but that their effect is larger for differentiated products, i.e., goods highly exposed to contractual risks. Furthermore, bilateral visits reinforce trade, particularly in countries characterized by weak contract enforcement, corruption and lower political proximity with France, as well as by a smaller number of French migrants.en
dc.relation.isversionofjnlnameReview of World Economics
dc.relation.isversionofjnldate2022
dc.relation.isversionofdoi10.1007/s10290-022-00454-5en
dc.relation.isversionofjnlpublisherSpringeren
dc.subject.ddclabelEconomie internationaleen
dc.relation.forthcomingnonen
dc.description.ssrncandidatenon
dc.description.halcandidateouien
dc.description.readershiprechercheen
dc.description.audienceInternationalen
dc.relation.Isversionofjnlpeerreviewedouien
dc.date.updated2022-02-17T14:35:45Z
hal.identifierhal-03578849
hal.version1
dc.subject.classificationjelHALF.F1.F10en
dc.subject.classificationjelHALF.F1.F14en
dc.subject.classificationjelHALF.F5.F50en
hal.date.transferred2022-02-17T14:51:17Z
hal.author.functionaut
hal.author.functionaut


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