Does political conflict hurt trade? Evidence from consumer boycotts
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- 作者：Kilian Heilmann
- 关键词：Consumer boycotts ; International trade ; International political economy ; Economic diplomacy
- 刊名：Journal of International Economics
- 出版年：2016
- 出版时间：March 2016
- 年：2016
- 卷：99
- 期：Complete
- 页码：179-191
- 全文大小：639 K
文摘
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- <p id="p0595">I use four recent consumer boycotts to study the effect of political conflict on international trade.p>
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- <p id="p0600">The boycotts have an overall significantly negative effect on exports from the boycotted country to the boycotter, but there is strong heterogeneity in the response to boycott callsp>
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- <p id="p0605">The largest effect are found in consumer boycotts and highly branded signature goods such as Japanese cars and Danish consumer goods.p>
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- <p id="p0610">Capital and intermediate goods are not boycotted in the long run, indicating that the boycotts are driven by consumers.p>
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- <p id="p0615">Effect on overall exports of the boycotted country is rather small and stock markets only react in the short run.p>