학술논문
Does Commodity Trade Openness Beneficial to the Tourism Sector in Korea?
이용수 37
- 영문명
- Does Commodity Trade Openness Beneficial to the Tourism Sector in Korea?
- 발행기관
- The International Academy of Global Business and Trade
- 저자명
- Soo-Eun Kim Jun Ho Seok
- 간행물 정보
- 『Journal of Global Business and Trade』Vol. 19, No. 1, 157~172쪽, 전체 16쪽
- 주제분류
- 사회과학 > 무역학
- 파일형태
- 발행일자
- 2023.02.28
4,720원
구매일시로부터 72시간 이내에 다운로드 가능합니다.
이 학술논문 정보는 (주)교보문고와 각 발행기관 사이에 저작물 이용 계약이 체결된 것으로, 교보문고를 통해 제공되고 있습니다.
국문 초록
영문 초록
Purpose - Recently, trade openness has expanded in the world level as well as high trade dependent countries like Korea. In turn, a rise of trade openness is expected to affect on the tourism industry. This study investigates the causal relationship between trade openness, outbound tourism expenses, and inbound tourism receipts to explore whether or not trade openness benefits the tourism sector of Korea.
Design/Methodology/Approach - We utilized the vector error correction (VECM) model, directed acrylic graph (DAG), and Impulse Response Function (IRF) methods to examine those relationships. While VECM allows to figure out the predictive causation, DAG can test the contemporaneous relationship. IRF allows to find the different effect of trade openness on outbound tourism expenses and inbound tourism receipts.
Findings - Our results for VECM and DAG demonstrate that there are causalities of trade openness on inbound tourism receipts and outbound tourism expenses. To evaluate the effect of trade openness on domestic tourism sector in terms of economics and sustainability, we perform the IRF. Results of IRF show that trade openness has a positive and negative effect on outbound tourism expenses and inbound tourism receipts, respectively.
Research Implications - These results indicate that trade openness is not beneficial to the tourism sector of Korea, which implies trade openness’s effect on domestic tourism is not sustainable in terms of economic sense.
목차
Ⅰ. Introduction
Ⅱ. Literature Review
Ⅲ. Data and Methodologies
Ⅳ. Empirical Results
Ⅴ. Conclusions and Implications
References
키워드
해당간행물 수록 논문
- The Spillover Effects of Privatization on Efficiency and Income Inequality in China
- Do Rewards Build Importer Compliance and Commitment in Overseas Trade?
- Firm-Specific Investor Sentiment, Confirmation Bias, and Market Response to Earnings Information
- Effect of Empowerment on Perceived Person-Environment Fit and Work Engagement: Focusing on Online Travel Platform Employees
- Does Commodity Trade Openness Beneficial to the Tourism Sector in Korea?
- Establishing EU Norms as a Global Actor: Application of New Concepts in FTAs
- A Review of Incomplete Agreements and the Formation of a Sales of Goods Contract
- Preparation for Digital Transformation: A Case and Empirical Findings of South Korean Multinational Corporations
- Research on the Influencing Factors and Transformation Path of Logistics Enterprise Low-Carbon Performance
- Environmental, Social, and Governance Performance and Corporate Sustainable Development in China
- Does Membership in Agricultural Cooperatives Improve Marketing Efficiency?: Insights from Smallholder Coffee Farmers in Selected Provinces of the Philippines
- Journal of Global Business and Trade Vol. 19, No. 1 목차
- A Study on the Effect of FTA Preferential Rules of Origin (PRoO) on Implementation of Preferential Tariff and Export Performance: Focusing on Start-Up Companies
참고문헌
관련논문
사회과학 > 무역학분야 BEST
더보기사회과학 > 무역학분야 NEW
- 기술혁신형 중소기업에 대한 정부의 복합적 연구개발 지원 성과에 관한 연구
- A Study on Trade Credit Financing:Evidence from Chinese A-share Listed Companies
- 한국과 대만 상장기업의 ESG 활동이 경영 성과에 미치는 영향에 관한 탐색적 연구
최근 이용한 논문
교보eBook 첫 방문을 환영 합니다!
신규가입 혜택 지급이 완료 되었습니다.
바로 사용 가능한 교보e캐시 1,000원 (유효기간 7일)
지금 바로 교보eBook의 다양한 콘텐츠를 이용해 보세요!