Autore
Sada, Maria GabrieleTitolo
Expo 2015: an impact analysis on international tradePeriodico
Liuc papersAnno:
2010 - Fascicolo:
232b - Pagina iniziale:
1 - Pagina finale:
31In the last decades an increasing number of countries candidates to host a mega-event. This paper analyze (in the light of Expo Milan will host in 2015) if an exposition impacts in a significant manner on interna-tional trade, justifying countries's interest in their organization. Based on performed analysis using gravity model, we conclude that a permanent and significant exposition effect exists on host country international trade flows; it involve both an increase of exports and an increase of imports, pointing out a commercial openness of host country; this effect exists also for candidates countries. So, we propose an hypothesis about the nature of exposition impact on international trade: it's interpretable as a true and proper political and institutional signal with which host country sends a signal to general public of a liberalisation process of its commerce in progress, showing own competences, abilities, means and resources. In the light of results, we point out potentialities and risks of Expo Milan 2015.
SICI: 1722-4667(2010)232B<1:E2AIAO>2.0.ZU;2-F
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