Does the Confucius Institute Network Impact Cultural Distance?: A Panel Data Analysis of Cross-Border Flows in and Out of China

Ghosh, Sucharita, Lien, Donald and Steven Yamarik, 2017, "Does the Confucius Institute Network Impact Cultural Distance? A Panel Data Analysis of Cross-Border Flows in and out of China," Asian Economic Journal, vol 31(3), pages 299-323.

Posted: 26 Aug 2018

See all articles by Sucharita Ghosh

Sucharita Ghosh

The University of Akron

Donald D. Lien

University of Texas at San Antonio - College of Business - Department of Economics

Steven Yamarik

California State University, Long Beach - Department of Economics; Henan University

Date Written: August 2018

Abstract

This paper examines the impact of cultural distance in general and the Confucius Institute Network in particular on cross-border flows of tourists, goods and investment in and out of China. We estimate a panel gravity model of inbound and outbound flows between 2004 and 2012. We find that the presence of Confucius Institute(s) in the source country increases inbound tourism and equity flows and outbound export and FDI flows for China, while other measures of cultural distance have less of an impact.

Keywords: Confucius Institute, China, Culture, Tourism, International Trade, Foreign Investment, Portfolio Equity

JEL Classification: F14, F21, F22, L83, Z1

Suggested Citation

Ghosh, Sucharita and Lien, Donald and Yamarik, Steven, Does the Confucius Institute Network Impact Cultural Distance?: A Panel Data Analysis of Cross-Border Flows in and Out of China (August 2018). Ghosh, Sucharita, Lien, Donald and Steven Yamarik, 2017, "Does the Confucius Institute Network Impact Cultural Distance? A Panel Data Analysis of Cross-Border Flows in and out of China," Asian Economic Journal, vol 31(3), pages 299-323.. Available at SSRN: https://ssrn.com/abstract=3232253

Sucharita Ghosh (Contact Author)

The University of Akron ( email )

Department of Economics
Akron, OH 44325-1908
United States

Donald Lien

University of Texas at San Antonio - College of Business - Department of Economics ( email )

6900 North Loop 1604 West
San Antonio, TX 78249
United States
210-458-4313 (Phone)
210-458-4308 (Fax)

Steven Yamarik

California State University, Long Beach - Department of Economics ( email )

1250 Bellflower Blvd
Long Beach, CA 90840-4607
United States

HOME PAGE: http://www.csulb.edu/~syamarik

Henan University ( email )

85 Minglun St. Shunhe
Kaifeng, CA Henan 475001
China

HOME PAGE: http://cfds.henuecon.education/index.php/research/data/yes-capital-data

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