{"title":"Effects of Hallyu and the King Sejong Institute on International Trade and Services in Korea","authors":"D. Lien, Peilan Tang, Erika Zuloaga","doi":"10.1080/08853908.2021.1990165","DOIUrl":null,"url":null,"abstract":"ABSTRACT This article examines the effects of Hallyu and the King Sejong Institute (KSI). Upon estimating the gravity model, we find Hallyu has significantly positive impacts on foreign students, tourists, and Korean exports. Moreover, the effects of Hallyu are stronger for female students (tourists) than for male students (tourists). Korean imports from other countries respond positively to Hallyu, but less than Korean exports do. The KSI reduces foreign (particularly male) student flows. Also, KSI promotes more male tourists than female tourists. Finally, by reducing the transaction cost, KSI increases Korean exports and imports altogether.","PeriodicalId":35638,"journal":{"name":"International Trade Journal","volume":null,"pages":null},"PeriodicalIF":1.3000,"publicationDate":"2021-10-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"4","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Trade Journal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/08853908.2021.1990165","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 4
Abstract
ABSTRACT This article examines the effects of Hallyu and the King Sejong Institute (KSI). Upon estimating the gravity model, we find Hallyu has significantly positive impacts on foreign students, tourists, and Korean exports. Moreover, the effects of Hallyu are stronger for female students (tourists) than for male students (tourists). Korean imports from other countries respond positively to Hallyu, but less than Korean exports do. The KSI reduces foreign (particularly male) student flows. Also, KSI promotes more male tourists than female tourists. Finally, by reducing the transaction cost, KSI increases Korean exports and imports altogether.
期刊介绍：
The International Trade Journal is a refereed interdisciplinary journal published for the enhancement of research in international trade. Its editorial objective is to provide a forum for the scholarly exchange of research findings in,and significant empirical, conceptual, or theoretical contributions to the field. The International Trade Journal welcomes contributions from researchers in academia as well as practitioners of international trade broadly defined.
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