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Cultural Differences and Economic Globalization

- Effects on trade, foreign direct investment, and migration

About Cultural Differences and Economic Globalization

This book examines cultural differences as a potential impediment to economic integration. Relying on rigorous statistical and econometric techniques, the analyses indicate that higher transaction costs, due to greater cultural distance, inhibit both the volume of trade flows and the successful completion of trade deals. Cultura

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  • Language:
  • English
  • ISBN:
  • 9780367668624
  • Binding:
  • Paperback
  • Pages:
  • 244
  • Published:
  • September 29, 2020
  • Dimensions:
  • 232x155x21 mm.
  • Weight:
  • 406 g.
Delivery: 1-2 weeks
Expected delivery: April 13, 2025

Description of Cultural Differences and Economic Globalization

This book examines cultural differences as a potential impediment to economic integration. Relying on rigorous statistical and econometric techniques, the analyses indicate that higher transaction costs, due to greater cultural distance, inhibit both the volume of trade flows and the successful completion of trade deals. Cultura

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