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

JaeBin Ahn, Theresa Greaney and Kozo Kiyota

Journal of the Japanese and International Economies, 2022, vol. 65, issue C

Abstract: 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.

Keywords: Political conflict; Consumer boycott; Travel services trade; Local market; Regional impact (search for similar items in EconPapers)
JEL-codes: F14 F51 F52 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Working Paper: Political Conflict and Angry Consumers: Evaluating the Regional Impacts of a Consumer Boycott on Travel Services Trade (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jjieco:v:65:y:2022:i:c:s0889158322000259

DOI: 10.1016/j.jjie.2022.101216

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