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

We study trade in Europe after the fall of the Iron Curtain, and show that the countries of the former AustroHungarian monarchy trade significantly more with one another after 1989 than predicted by a standard gravity model. Cultural trading capital, established under Habsburg rule and maintained in...

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Bibliographic Details
Main Authors: Beestermoeller, M, Rauch, F
Format: Journal article
Published: Cambridge University Press 2018