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The Eurovision Song Contest, Preferences and European Trade

Author

Listed:
  • Kokko, Ari

    (Copenhagen Business School Department of International Economics and Management)

  • Gustavsson Tingvall, Patrik

    (The Ratio Institute)

Abstract

Already Beckerman (1956) and Linder (1961) suggested that international trade is not determined by supply side factors alone – perceptions about foreign countries and country preferences matter. We explore the relation between exports, cultural distance, income differences and country preferences as revealed by voting in the European Song Contest. We conclude that preferences influence trade through several channels, and that results of the European Song Contest are a robust predictor of bilateral trade.

Suggested Citation

  • Kokko, Ari & Gustavsson Tingvall, Patrik, 2012. "The Eurovision Song Contest, Preferences and European Trade," Ratio Working Papers 183, The Ratio Institute.
    • Handle: RePEc:hhs:ratioi:0183
    as

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    File URL: http://ratio.se/app/uploads/2014/11/ak_pt_eurovision_183.pdf
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    References listed on IDEAS

    as
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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. May I have your votes please?
      by Thijs in eco.nomie.nl on 2013-05-08 01:59:24

    Citations

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    Cited by:

    1. David García & Dorian Tanase, 2013. "Measuring Cultural Dynamics Through The Eurovision Song Contest," Advances in Complex Systems (ACS), World Scientific Publishing Co. Pte. Ltd., vol. 16(08), pages 1-33.
    2. Oliver Budzinski & Julia Pannicke, 2017. "Culturally biased voting in the Eurovision Song Contest: Do national contests differ?," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 41(4), pages 343-378, November.
    3. Budzinski, Oliver & Kohlschreiber, Marie & Kuchinke, Björn & Pannicke, Julia, 2019. "Does music quality matter for audience voters in a music contest?," Ilmenau Economics Discussion Papers 122, Ilmenau University of Technology, Institute of Economics.
    4. Aloys Prinz, 2017. "Rankings as coordination games: the Dutch Top 2000 pop song ranking," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 41(4), pages 379-401, November.
    5. Budzinski, Oliver & Pannicke, Julia, 2017. "Does popularity matter in a TV song competition? Evidence from a national music contest," Ilmenau Economics Discussion Papers 106, Ilmenau University of Technology, Institute of Economics.
    6. Budzinski, Oliver & Gänßle, Sophia & Weimar, Daniel, 2023. "Disentangling individual biases in jury voting: An empirical analysis of voting behavior in the Eurovision Song Contest," Ilmenau Economics Discussion Papers 171, Ilmenau University of Technology, Institute of Economics.

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    More about this item

    Keywords

    International trade; Country preferences; Gravity model; The Eurovision Song Contest;
    All these keywords.

    JEL classification:

    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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