Does Religious Similarity Matter in International Trade in Services?

Abstract

Sharing economy is an emerging economic platform believed to bring a major change due to its potential to resolve market inefficiency issues. The concept is presumably related to the Islamic microeconomic concepts, particularly huquq (multi interest) and maslahah (greatest benefit). Therefore, the study aims to determine the demand of sharing-based transportation services in Indonesia and subsequently examine the influence of socio-religious preference (constructed based the aforementioned Islamic consumer values) on such demand. This study uses quantitative approach and collects primary data from 1209 respondents. The data obtained are analyzed by using Factor Analysis and inferential statistics. Preliminary result indicates trust, service quality and tariff as key factors influencing demand for online transportation services. It is also found that there is a different preference between users in religious group and less religious groups. More religious consumers are more concerned about environment compared to the counterpart. However, in other aspects, no significant difference is found between the two groups. Overall, the results of this study are expected to enrich the literature in sharing-based economy studies and become input for sharing-based transportation service providers, government, academics and other related parties.

How Do Illicit Drugs Move Across Countries? A Network Analysis of the Heroin Supply to Europe

“…Language and cultural affinity facilitate cross-border transactions by providing traders with the opportunity to rely on non-economic, sociocultural factors (e.g., reputation and trust of suppliers, ethnic ties) to find international partners and to reduce uncertainties in trading (Lee & Park, 2016;Sgrignoli et al, 2015). As observed in legal trading, preexisting ties are a determinant factor during the search for a trading partner, and informal networks also play a key role in shaping international trade (Rauch, 1999).…”

“…Several studies in macroeconomics identify migration, common language, and past colonial relationships as primary social factors affecting legal trade (Frankel & Rose, 2002;Ghemawat, 2001;Lameli et al, 2013;Lee & Park, 2016;Rauch, 1999;Sgrignoli et al, 2015). Their effect is tested by considering migration flows among the 61 countries included within the analysis, the presence of a language spoken by at least 9% of the population in any pair of countries, and historical colonial relationships among countries.…”

Winds From the East: Ancient Asian Views on International Trade

“…2 Empirical research confirms the importance of religion for international merchandise trade (e.g., De Groot et al, 2004), services (e.g. Lee, 2013;Lee and Park 2016), tourism (Fourie et al, 2015), trade networks (Lewer and van den Berg, 2007a,b) and foreign direct investment (e.g., Hergueux, 2011) 3 Noteworthily, religion is nowadays often included as one of the standard controlling variables in gravity modelling as it is provided by one of leading data sources for applied gravity modelling CEPII. 4 Despite the increasing recognition that religion is an important determinant of trade and economic performance, its role in the history of economic thought has been studied predominantly through the lens of capitalism, Christianity, and Western civilization.…”

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“…Пятый канал обусловлен тем, что религиозное разнообразие и религиозная открытость больше располагают к экономической активности (Lee, Park, 2016) и благоприятствуют привлечению прямых иностранных инвестиций (Hergueux, 2011). Религиозная толерантность способствует экономическому росту (Alesina, Zhuravskaya, 2008), а религиозная терпимость, в свою очередь, особо значима, поскольку «позволяет экономике привлекать и поглощать религиозных эмигрантов» (Mokyr, 2010).…”

“…В последние годы в экономической науке становятся все более актуальными исследования, изучающие влияние на внешнюю торговлю косвенных, не имеющих прямого воздействия факторов, таких как: институциональные факторы (Linders, de Groot, 2006;Полтерович, 2018); факторы культуры (Felbermayr, Toubal, 2010;Tabellini, 2010), религии (Lee, Park, 2016;Helble, 2006), доверия (La Porta et al, 1997Ciaian et al, 2016). Все большее число исследований посвящается связи культурных и религиозных ценностей с показателями экономического развития (Felbermayr, Toubal, 2010;Tabellini, 2010;Lee, Park, 2016;Helble, 2006;La Porta et al, 1997;Ciaian et al, 2016).…”