Do state visits affect research and development after crisis in selected countries?
Do state visits affect research and development after crisis in selected countries?

Summary/Abstract: State visits, as a diplomatic tool, are significant to facilitate economic relations via creation of favourable political and legislative conditions. The purpose of this paper is to investigate how state visits of Ukrainian Presidents affect export flows. We have analysed 74 Ukrainian trading partners in the period of 1995-2014. To control for economic, geographical, cultural and political variables, we applied a multiple regression analysis based on the gravity model of trade. Our result shows that any kind of official visits is positively associated with export flows. The output of the conducted regression analysis varies depending on methods which are used.

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