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Export Promotion: what works?

Author

Listed:
  • Marcelo OLARREAGA

    (Université de Genève)

  • Stephan SPERLICH

    (FERDI)

  • Virginie TRACHSEL

    (FERDI)

Abstract

We explore the heterogeneity in returns to export promotion across countries using a semi-parametric varying coefficient model. We find that a one percent increase in export promotion budgets generates an increase in export growth between 0.03 and 0.08 percent. Returns in terms of GDP per capita show less heterogeneity and vary from 0.05 to 0.07. Differences in the characteristics of export promotion agencies drive the heterogeneity in returns to export promotion across countries. More importantly, characteristics that may help export growth are not necessarily those that help GDP per capita growth.

Suggested Citation

  • Marcelo OLARREAGA & Stephan SPERLICH & Virginie TRACHSEL, 2017. "Export Promotion: what works?," Working Papers P184, FERDI.
  • Handle: RePEc:fdi:wpaper:3499
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    Cited by:

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    3. Jaime DE MELO & Marcelo OLARREAGA, 2017. "Trade Related Institutions and Development," Working Papers P199, FERDI.
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    5. Aalto, Eero & Gustafsson, Robin, 2020. "Export Promotion Rationales and Impacts – A Review," ETLA Reports 100, The Research Institute of the Finnish Economy.
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    More about this item

    Keywords

    Impact evaluation; export promotion;

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General

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