Cultural distance in the context of european regional economic integration

Čuhlová, Renata

doi:10.5817/cz.muni.p210-8970-2018-44

Cited by 1 publication

(1 citation statement)

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“…In recent years, there have been works aimed at the study of cultural factors in the development of integration associations. According to Čuhlová [27], the effective development of integration processes between partner states requires not only geographical proximity, but also similarities in terms of culture, history and ideology. Great importance is attached not only to the presence of cooperative ties, but also to a linguistic community, which provides the basis for successful interaction.…”

Section: Literature Reviewmentioning

confidence: 99%

Evaluation of the Cultural Proximity Factors Impact on the Mutual Trade Efficiency of the Countries within Eurasian Economic Integration

Vyazovskaya¹,

Savelyeva²,

Falchenko³

et al. 2020

Proceedings of the International Conference on Economics, Management and Technologies 2020 (ICEMT 2020)

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The purpose of this scientific paper is to assess the national cultures proximity impact on the effectiveness of regional economic integration in the Eurasian Economic Union (EAEU). To assess the cultural proximity (distance) of the countries, the criteria developed by Hofstede were used and the cultural proximity (distance) of each country in the EAEU was calculated using the formulas developed by Kogut and Singh, which made it possible to assess the cultural proximity of the EAEU countries. The article also assesses the impact of cultural proximity (distance) on the effectiveness of mutual trade between the countries of Eurasian integration using the trade gravity model. Calculations showed that the cultural proximity of the countries of integration does not significantly affect the mutual trade of the EAEU countries. However, the commonality of the language used in the country is the only cultural factor, the presence of which in a pair of trading countries increases trade.

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Section: Literature Reviewmentioning

confidence: 99%