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Improving the Duty-Free Exemption System in Jeju

Year: 2025

Type: article

Abstract: This study examines the status of the duty-free exemption system in Jeju Special Self-Governing Province and explores directions for future development. The operation of duty-free shops in Okinawa (Japan) and Hainan (China) is reviewed and improvements are proposed for Jeju’s designated duty-free shop system, including the removal of purchase frequency limits and expansion of eligible duty-free items. Based on the example of Heligoland (Germany), this study proposes an approach to designate affiliated islands as duty-free zones. Economic analysis indicates that establishing affiliated islands as duty-free zones could generate positive economic spillover effects not only in Jeju but across South Korea.

Source: Journal of Asian Governance

DOI: 10.63851/001c.144280

Authors: Geun-seok Hong, Seohee Lee

Language: English

Topic: Economic Zones and Regional Development

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: hybrid

OpenAlex ID: W7083678189

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