nep-cul New Economics Papers
on Cultural Economics
Issue of 2008‒05‒31
two papers chosen by
Roberto Zanola
University of the Piemonte Orientale

  1. Cultural Effects on Inbound Tourism into the USA: A Gravity Approach By Christoph Vietze
  2. Forever Minus a Day? Theory and Empirics of Optimal Copyright Term By Pollock, Rufus

  1. By: Christoph Vietze (Friedrich-Schiller University Jena, Department of Economics, Chair for Economic Policy)
    Abstract: In this paper we discuss the effects of cultural - and particular religious - factors on tourist flows into the USA as the world largest tourism destination. To estimate this empirically we run an augmented gravity equation. Our results give evidence that the gravity equation is an adequate instrument to explain variations in international tourist flows. With respect to the aim of the paper, we have found that cultural proximity between country of origin and country of destination have positive effects on the tourism flows between these countries. In particular, after controlling for a set of geographic variables, people from countries with the same language (English) and the same high governmental rankings like the USA, travel more into the USA for holiday than people from other countries. Above all, we have clear and stable evidence that tourists from Christian countries prefer the USA as holiday destination much stronger than people from other countries. This supports our argument that people wishing to go on holiday to countries with a similar cultural and political background.
    Keywords: tourism, cultural factors, religion
    JEL: F14 L83 Z12
    Date: 2008–05–19
  2. By: Pollock, Rufus
    Abstract: The optimal term of copyright has been a matter for extensive debate over the last decade. Using a simple model we characterise optimal term as a function of a few key parameters. We estimate this function using a combination of new and existing data on recordings and books and find an optimal term of around fifteen years. This is substantially shorter than any current copyright term and implies that existing copyright terms are too long.
    Keywords: Copyright; Intellectual Property; Copyright Term
    JEL: O34 L10 O31
    Date: 2008–01

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