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Trips and Trade

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  • Nitsch, Volker

Abstract

Politicians travel a lot, for various reasons. The types of trips to foreign countries range, for instance, from a formal, highly‐orchestrated, multi‐day visit to brief logistical stop‐overs, from the regular exchange of information during official talks in a working environment to ceremonial visits. This chapter reviews selected issues in the analysis of the economic effects of foreign travels by politicians. It starts by highlighting possible differences in the effects dependent on the visitor’s official position. Next, it is emphasized that only few travels, dependent on their purpose, may be economically relevant. Finally, issues related to the choice of the travel destination are discussed.

Suggested Citation

  • Nitsch, Volker, 2018. "Trips and Trade," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 95080, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    • Handle: RePEc:dar:wpaper:95080
    Note: for complete metadata visit http://tubiblio.ulb.tu-darmstadt.de/95080/
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    References listed on IDEAS

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    1. Andrew K. Rose, 2007. "The Foreign Service and Foreign Trade: Embassies as Export Promotion," The World Economy, Wiley Blackwell, vol. 30(1), pages 22-38, January.
    2. Volker Nitsch, 2007. "State Visits and International Trade," The World Economy, Wiley Blackwell, vol. 30(12), pages 1797-1816, December.
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    Cited by:

    1. Emmanuelle Lavallée & Julie Lochard, 2022. "International trade and face-to-face diplomacy," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 158(4), pages 987-1010, November.

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