IDEAS home Printed from https://ideas.repec.org/a/taf/rcitxx/v21y2018i16p1912-1929.html
   My bibliography  Save this article

Impact of economic policy on international tourism demand: the case of Abenomics

Author

Listed:
  • Jewoo Kim
  • Choong-Ki Lee
  • James W. Mjelde

Abstract

Since the 2008 global financial crisis and resulting recession, many countries have been following unconventional monetary policies. Little information is known on how these policies may influence tourism demand. This study starts to fill this gap by investigating the impact of the Japanese economic policy known as Abenomics on South Koreans’ travel to Japan, the largest inbound market for Japan. Per capita gross domestic product, relative prices, and exchange rates are significant determinants of Japanese inbound tourism. As these variables have been influenced by Abenomics, one can infer that Abenomics is associated with a significant increase in tourist arrivals from South Korea. Findings highlight the importance of government economic policy in stimulating international tourism demand through its impact on the economy.

Suggested Citation

  • Jewoo Kim & Choong-Ki Lee & James W. Mjelde, 2018. "Impact of economic policy on international tourism demand: the case of Abenomics," Current Issues in Tourism, Taylor & Francis Journals, vol. 21(16), pages 1912-1929, November.
    • Handle: RePEc:taf:rcitxx:v:21:y:2018:i:16:p:1912-1929
    DOI: 10.1080/13683500.2016.1198307
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13683500.2016.1198307
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13683500.2016.1198307?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yoichi Matsubayashi & Yoshihisa Inada, 2023. "Individual tourist expenditures in Japan during the inbound tourism boom period (2015–2017): Empirical evidence from micro survey data," Asian Economic Journal, East Asian Economic Association, vol. 37(4), pages 492-518, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rcitxx:v:21:y:2018:i:16:p:1912-1929. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rcit .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.