A dissection of trading capital: cultural persistence of trade in the aftermath of the fall of the Iron Curtain

A dissection of trading capital: cultural persistence of trade in the aftermath of the fall of the Iron Curtain

We show that the countries of the former Austro-Hungarian monarchy trade significantly more with one another in the aftermath of the collapse of the Iron Curtain than predicted by a standard gravity model. This trade surplus declines linearly and monotonically over time. We argue that these findin...

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Dettagli Bibliografici
Autori principali:	Rauch, F, Beestermoller, M
Natura:	Working paper
Pubblicazione:	University of Oxford 2014

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