DO EXPORT PROMOTION AGENCIES INCREASE EXPORTS?

被引:13
|
作者
Hayakawa, Kazunobu [1 ]
Lee, Hyun-Hoon [2 ]
Park, Donghyun [3 ]
机构
[1] Inst Developing Econ, Bangkok Res Ctr, Bangkok 10330, Thailand
[2] Kangwon Natl Univ, Dept Int Trade & Business, Chunchon, South Korea
[3] Asian Dev Bank, Econ & Res Dept, Manila, Philippines
来源
DEVELOPING ECONOMIES | 2014年 / 52卷 / 03期
关键词
Export promotion; FTA; Gravity model; Japan; Korea; TRADE; WTO; MEMBERS;
D O I
10.1111/deve.12048
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
In this paper, we examine the role of export promotion agencies (EPAs) in promoting exports from Japan and Korea. Looking at two home countries enables us to tackle endogeneity issues by controlling for both country-pair time-invariant characteristics and importing-country time-varying characteristics. Our empirical results indicate that EPA has a positive and significant effect on exports even when we control for endogeneity. However, the size of the effect becomes substantially smaller, implying the importance of addressing endogeneity in accurately measuring the impact of EPA on exports. In addition, we find that EPA's (marginal) effects are larger in exporting to low-income trade partners than in exporting to high-income trade partners.
引用
收藏
页码:241 / 261
页数:21
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