ABSTRACT

The relationship between international trade and economic growth has been an area of interest to many researchers in recent years. Although the literature is broad with respect to this topic, few studies have focused on the particular effect of cultural exports and imports on economic growth. This study addresses the relationship between trade in cultural goods and economic growth for 31 countries in Europe for the period 2004–2017, through a vector error correction model (VECM). A panel Granger causality test and a system generalized method of moments (GMM) are also utilized in this study. Cultural trade is characterized by exports and imports of cultural goods. The results indicate there is a long-run equilibrium relationship between gross domestic product, total exports, capital formation and labour force. Cultural exports and imports have a positive effect on GDP in the long run. In the short run, there is Granger causality of cultural imports on economic growth, total exports, total imports and capital formation.

摘要

近年来，国际贸易与经济增长之间的关系一直是许多研究人员感兴趣的领域。尽管关于这个主题的文献很广泛，但很少有研究关注文化出口和进口对经济增长的特殊影响。本研究通过向量误差校正模型 (VECM) 解决了 2004 年至 2017 年欧洲 31 个国家文化商品贸易与经济增长之间的关系。本研究还使用了面板格兰杰因果检验和系统广义矩法 (GMM)。文化贸易的特点是文化产品的进出口。结果表明，国内生产总值、总出口、资本形成和劳动力之间存在长期均衡关系。从长远来看，文化出口和进口对 GDP 具有积极影响。短期来看，文化进口对经济增长、出口总额、进口总额和资本形成存在格兰杰因果关系。