Author:
Jeremiás Máté Balogh Corvinus University of Budapest

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Wine is a very special product from an economic, cultural, and sociological point of view. Wine culture and wine trade play an important role in Hungary. The effect of cultural and geographical proximity on international trade has already been proven in the international trade literature. The size of bilateral trade flows between any two countries can be approximated by the gravity theory of trade. The gravity model provides empirical evidence of the relationship between the size of the economies, the distances between them, and their trade. This paper seeks to analyse the effect of cultural and geographical proximity on Hungary’s bilateral wine trade between 2000 and 2012, employing the gravity equation. The analysis is based on data from the World Bank WITS, WDI, as well as CEPII, and WTO databases. I apply OLS, Random Effects, Poisson, Pseudo-Poisson-Maximum-Likelihood and Heckman two stage estimators to calculate the gravity regression. The results show that in the case of Hungary, cultural similarity and trade liberalisation have a positive impact, while geographical distance, landlockedness, and contiguity have a negative impact on Hungarian wine exports.

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Editor-in-chief: Balázs SZENT-IVÁNYI

Co-Editors:

  • Péter MARTON (Corvinus University, Budapest)
  • István KÓNYA (Corvinus University, Budapest)
  • László SAJTOS (The University of Auckland)
  • Gábor VIRÁG (University of Toronto)

Associate Editors:

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  • Sándor BOZÓKI (Corvinus University Budapest)
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  • Hintea CALIN (Babeş-Bolyai University)
  • Christian EWERHART (University of Zürich)
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  • Zsolt DARVAS (Bruegel)
  • Szabina FODOR (Corvinus University Budapest)
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  • László GULÁCSI (Óbuda University)
  • Dóra GYŐRFFY (Corvinus University Budapest)
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  • Alexandra KÖVES (Corvinus University Budapest)
  • Lacina LUBOR (Mendel University in Brno)
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  • Sergei IZMALKOV (MIT Economics)
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Society and Economy
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2022  
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Sociology and Political Science 602/1415 (57th PCTL)
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0.468

 

2021  
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without
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Scimago  
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13
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0,196
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Business and International Management (Q4)
Public Administration (Q4)
Strategy and Management (Q4)
Scopus  
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Sociology and Political Science 626/1345 (Q2)
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0,270

2020  
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11
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0,157
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103/117=0,9
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Scopus
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0,171
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Cites
157
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24
Days from submission to acceptance 148
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2019  
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10
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0,228
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87/110=0,8
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0,308
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Cites
132
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Documents
22

 

Society and Economy
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Society and Economy
Language English
Size B5
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1972
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Issues
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Founder Budapesti Corvinus Egyetem
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ISSN 1588-9726 (Print)
ISSN 1588-970X (Online)