Naslov
Export boosting policies and firm behaviour: Review of empirical evidence around the world

Autori
Srhoj, Stjepan ; Vitezić, Vanja ; Wagner, Joachim

Izvornik
University of Lüneburg Working Paper Series in Economics

Vrsta, podvrsta
Ostale vrste radova, rukopis

Godina
2020

Ključne riječi
export promotion policies ; guarantees ; grants ; loans ; impact evaluation ; review

Sažetak
How effective are direct government policies for boosting exports? We answer this question with a structured overview of 34 studies covering 26 countries around the world, and in doing so, we provide nine findings. We show export boosting policies are heterogeneous by design and include export promotion policies, public grants for exporters, public export guarantee schemes, subsidised export loans, and randomised foreign market access programmes. Our review provides insights into policy effectiveness with respect to extensive and intensive export margins as well as firms' production function inputs and its outputs. Heterogeneity of effects across firm characteristics is emphasised and the discussion is enriched with new evidence on spillover effects from export boosting policies. Finally, we provide back of the envelope calculations of aggregate macroeconomic effects and give recommendations for policymakers. Our findings show export boosting policies are relevant and proven-to-be-effective policy instruments.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA