US Military Deployment and Its Effects on South Korea’s Politics and Economy

Due to the lack of studies on the effects of US troops on an individual host state, we studied the effects of US troops on South Korea’s politics and economy. Based on security enhancement benefits, we hypothesized that USFK would have positive effects on South Korea’s investment, trade, economic gr...

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Bibliographic Details
Published inJournal of Asian and African studies (Leiden) Vol. 56; no. 4; pp. 964 - 981
Main Authors Heo, Uk, Yun, Seongyi
Format Journal Article
LanguageEnglish
Published London, England SAGE Publications 01.06.2021
SAGE PUBLICATIONS, INC
Subjects
Armed forces
Democracy
Deployment
Economic development
Economic growth
Effects
Investments
Political development
Politics
Statistics
United States > US
South Korea
investment
trade
economic growth
democracy
US forces Korea
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Summary:Due to the lack of studies on the effects of US troops on an individual host state, we studied the effects of US troops on South Korea’s politics and economy. Based on security enhancement benefits, we hypothesized that USFK would have positive effects on South Korea’s investment, trade, economic growth, and political development. Employing Heo and Ye’s empirical models, we conducted statistical analyses and found that the effects of USFK on South Korea’s trade, democracy level, and economic growth are statistically insignificant and the effect of USFK on investment is negative and statistically significant. These findings need to be cross-validated with a different measure of estimating USFK’s effects because our measure, size of USFK, may not capture its effects completely although there is no other measure.
ISSN:0021-9096
1745-2538
DOI:10.1177/0021909620957690