https://orcid.org/0000-0002-0659-2831
![Sample our Economics, Finance,Business & Industry journals, sign in here to start your access, latest two full volumes FREE to you for 14 days]({"type":"image" , "src" : "/sda/5931/TOC-Subject-Sample-2021-Economics-Finance-Business-Industry.jpg"})
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.
Disclosure statement
No potential conflict of interest was reported by the author(s).
Supplementary material
Supplemental data for this article can be accessed on the publisher’s website.
Notes
2 The appendices can be found online at www.tandfonline.com/uitj.