Exploring the Heterogeneous Effects of Export Promotion

A semiparametric varying coefficient model is used to explore the heterogeneity in returns to export promotion across countries. Differences in characteristics of export-promotion agencies drive the heterogeneity in returns. Interestingly, characte...

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Main Authors:	Olarreaga, Marcelo, Sperlich, Stefan, Trachsel, Virginie
Format:	Working Paper
Language:	English
Published:	World Bank, Washington, DC 2019
Subjects:	EXPORT PROMOTION TRADE FACILITATION SUBSIDY
Online Access:	http://documents.worldbank.org/curated/en/996301556542118737/Exploring-the-Heterogeneous-Effects-of-Export-Promotion http://hdl.handle.net/10986/31598

id	okr-10986-31598
recordtype	oai_dc
spelling	okr-10986-315982021-10-31T12:17:57Z Exploring the Heterogeneous Effects of Export Promotion Olarreaga, Marcelo Sperlich, Stefan Trachsel, Virginie EXPORT PROMOTION TRADE FACILITATION SUBSIDY A semiparametric varying coefficient model is used to explore the heterogeneity in returns to export promotion across countries. Differences in characteristics of export-promotion agencies drive the heterogeneity in returns. Interestingly, characteristics that matter for export growth do not necessarily matter for GDP per capita growth. A 1 percent increase in export-promotion budgets is associated with an average increase in exports of 0.10 percent and an average increase in GDP per capita of 0.06 percent. However, these average returns hide a lot of heterogeneity. Returns in terms of exports vary from 0 percent in Cyprus and Vietnam to 0.22 percent in Portugal. Returns in terms of GDP per capita show less heterogeneity, varying from 0.05 in Malawi to 0.10 percent in Portugal and Nicaragua. 2019-05-02T17:19:51Z 2019-05-02T17:19:51Z 2019-04 Working Paper http://documents.worldbank.org/curated/en/996301556542118737/Exploring-the-Heterogeneous-Effects-of-Export-Promotion http://hdl.handle.net/10986/31598 English Policy Research Working Paper;No. 8833 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	EXPORT PROMOTION TRADE FACILITATION SUBSIDY
spellingShingle	EXPORT PROMOTION TRADE FACILITATION SUBSIDY Olarreaga, Marcelo Sperlich, Stefan Trachsel, Virginie Exploring the Heterogeneous Effects of Export Promotion
relation	Policy Research Working Paper;No. 8833
description	A semiparametric varying coefficient model is used to explore the heterogeneity in returns to export promotion across countries. Differences in characteristics of export-promotion agencies drive the heterogeneity in returns. Interestingly, characteristics that matter for export growth do not necessarily matter for GDP per capita growth. A 1 percent increase in export-promotion budgets is associated with an average increase in exports of 0.10 percent and an average increase in GDP per capita of 0.06 percent. However, these average returns hide a lot of heterogeneity. Returns in terms of exports vary from 0 percent in Cyprus and Vietnam to 0.22 percent in Portugal. Returns in terms of GDP per capita show less heterogeneity, varying from 0.05 in Malawi to 0.10 percent in Portugal and Nicaragua.
format	Working Paper
author	Olarreaga, Marcelo Sperlich, Stefan Trachsel, Virginie
author_facet	Olarreaga, Marcelo Sperlich, Stefan Trachsel, Virginie
author_sort	Olarreaga, Marcelo
title	Exploring the Heterogeneous Effects of Export Promotion
title_short	Exploring the Heterogeneous Effects of Export Promotion
title_full	Exploring the Heterogeneous Effects of Export Promotion
title_fullStr	Exploring the Heterogeneous Effects of Export Promotion
title_full_unstemmed	Exploring the Heterogeneous Effects of Export Promotion
title_sort	exploring the heterogeneous effects of export promotion
publisher	World Bank, Washington, DC
publishDate	2019
url	http://documents.worldbank.org/curated/en/996301556542118737/Exploring-the-Heterogeneous-Effects-of-Export-Promotion http://hdl.handle.net/10986/31598
_version_	1764474692904681472

Exploring the Heterogeneous Effects of Export Promotion

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