CULTURAL TIES AND HONG KONG'S FORERGN TRADE
利用1992-2005年时间序列数据，基于引力模型分析发现，香港与华人族群及英联邦国家的文化纽带显著促进了其对外贸易，且对进出口的影响大于转口贸易，但重要性随全球化和区域化进程逐渐减弱。
The paper evaluates the importance of cultural ties in Hong Kong's foreign trade using time series data from 1992 to 2005.Based on the gravity model analysis,we find that Hong Kong's ties with Chinese ethnics and Common Wealth of Nations play a significant role in facilitating Hong Kong's trade with other regions.Cultural ties are more important to Hong Kong's export and import than re-export and re-import.Chinese ethnic networks play a more important role in Hong Kong's exports while the ties with the Common Wealth of Nations influence more in Hong Kong's imports.However,the importance of cultural ties in foreign trade depends on the technological levels of traded commodities and has also gradually decreased as globalization and regionalization proceeds.