Political conflict and angry consumers: Evaluating the regional impacts of a consumer boycott on travel services trade

Jae Bin Ahn, Theresa M. Greaney, Kozo Kiyota

研究成果: Article査読

抄録

Political conflict between nations sometimes leads to consumer boycotts. We examine the regional impacts of bilateral boycott activity by investigating the 2019 Korean consumer boycott of travel to Japan. Employing triple- and double-differences designs, we find that the impact of the boycott is large and regionally heterogeneous. Japanese prefectures with high (i.e., 75th percentile) pre-boycott dependency on visitors from Korea suffer bilateral export losses of 56.9 to 60.9 percent and aggregate export losses of 10.5 to 13.3 percent. Prefectures with low (i.e., 25th percentile) Korea dependency experience bilateral losses of 47.8 to 49.7 percent and aggregate losses of 3.3 to 4.2 percent.

本文言語English
論文番号101216
ジャーナルJournal of The Japanese and International Economies
65
DOI
出版ステータスPublished - 2022 9月

ASJC Scopus subject areas

  • 財務
  • 経済学、計量経済学
  • 政治学と国際関係論

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