Political Conflict and Angry Consumers: Evaluating the Regional Impacts of a Consumer Boycott on Travel Services Trade

JaeBin Ahn, Theresa Greaney and Kozo Kiyota

No 2022-010, Keio-IES Discussion Paper Series from Institute for Economics Studies, Keio University

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)
Pages: 51 pages
Date: 2022-06-16
New Economics Papers: this item is included in nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ies.keio.ac.jp/upload/DP2022-010_EN.pdf (application/pdf)

Related works:
Journal Article: Political conflict and angry consumers: Evaluating the regional impacts of a consumer boycott on travel services trade (2022)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:keo:dpaper:2022-010

Access Statistics for this paper

More papers in Keio-IES Discussion Paper Series from Institute for Economics Studies, Keio University Contact information at EDIRC.
Bibliographic data for series maintained by Institute for Economics Studies, Keio University ().