IDEAS home Printed from https://ideas.repec.org/a/ris/eaerev/0048.html
   My bibliography  Save this article

Trade in Cultural Goods: A Case of the Korean Wave in Asia

Author

Listed:
  • Park , Young Seaon

    (Korea Trade-Investment Promotion Agency)

Abstract

This paper studies the effects of economic development and cultural proximity as common determinants of trade in cultural goods in a dynamic preference selection model. For the empirical analysis, this paper utilizes the gravity framework with importer fixed effects and Poisson pseudo-maximum likelihood estimators. This paper applies the model to Korean export of broadcasting contents to Asian countries. The relative economic development of the export country and the market size of the import country are important determinants of cultural trade, the results of which are generally consistent with traditional goods trade. However, the distance variable does not show much significance, reflecting the unique characteristics of trade in cultural goods.

Suggested Citation

  • Park , Young Seaon, 2014. "Trade in Cultural Goods: A Case of the Korean Wave in Asia," East Asian Economic Review, Korea Institute for International Economic Policy, vol. 18(1), pages 83-107, March.
    • Handle: RePEc:ris:eaerev:0048
    DOI: 10.11644/KIEP.JEAI.2014.18.1.276
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.11644/KIEP.JEAI.2014.18.1.276
    File Function: Full text
    Download Restriction: no
    File URL: https://libkey.io/10.11644/KIEP.JEAI.2014.18.1.276?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
    ---><---

    Citations

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


    Cited by:

    1. Jacob Wood & Jie Wu & Yilin Li & Haejin Jang, 2017. "The Economic Impact of SPS Measures on Agricultural Exports to China: An Empirical Analysis Using the PPML Method," Social Sciences, MDPI, vol. 6(2), pages 1-18, May.
    2. Jacob Wood & Jie Wu & Yilin Li & Jungsuk Kim, 2017. "TBT and SPS impacts on Korean exports to China: empirical analysis using the PPML method," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 31(2), pages 96-114, November.
    3. Schüler, Diana & Suhalitca, Mihaela & Pascha, Werner & Oh, Keun-yeob, 2020. "Government policies for start-ups in Korea and its regions: Motives, mechanisms and major obstacles," Working Papers on East Asian Studies 127/2020, University of Duisburg-Essen, Institute of East Asian Studies IN-EAST.

    More about this item

    Keywords

    Korean Wave; Cultural Goods; Cultural Proximity; Broadcasting Contents; Gravity Equation;
    All these keywords.

    JEL classification:

    • D10 - Microeconomics - - Household Behavior - - - General
    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

    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:ris:eaerev:0048. 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: JE Lee (email available below). General contact details of provider: https://edirc.repec.org/data/kieppkr.html .

    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.