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, characteristics that matter for export growth do not necessa...

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Bibliographic Details
Main Authors:	Olarreaga, Marcelo, Sperlich, Stefan, Trachsel, Virginie
Format:	Journal Article
Published:	Published by Oxford University Press on behalf of the World Bank 2021
Subjects:	EXPORT PROMOTION TRADE FACILITATION IMPACT EVALUATION SEMIPARAMETRIC VARYING COEFFICIENT MODEL
Online Access:	http://hdl.handle.net/10986/36713

id	okr-10986-36713
recordtype	oai_dc
spelling	okr-10986-367132021-12-10T05:10:46Z Exploring the Heterogeneous Effects of Export Promotion Olarreaga, Marcelo Sperlich, Stefan Trachsel, Virginie EXPORT PROMOTION TRADE FACILITATION IMPACT EVALUATION SEMIPARAMETRIC VARYING COEFFICIENT MODEL 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. 2021-12-09T21:18:49Z 2021-12-09T21:18:49Z 2020-06 Journal Article World Bank Economic Review 1564-698X http://hdl.handle.net/10986/36713 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Published by Oxford University Press on behalf of the World Bank Publications & Research Publications & Research :: Journal Article
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	EXPORT PROMOTION TRADE FACILITATION IMPACT EVALUATION SEMIPARAMETRIC VARYING COEFFICIENT MODEL
spellingShingle	EXPORT PROMOTION TRADE FACILITATION IMPACT EVALUATION SEMIPARAMETRIC VARYING COEFFICIENT MODEL Olarreaga, Marcelo Sperlich, Stefan Trachsel, Virginie Exploring the Heterogeneous Effects of Export Promotion
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	Journal Article
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	Published by Oxford University Press on behalf of the World Bank
publishDate	2021
url	http://hdl.handle.net/10986/36713
_version_	1764485753369264128

Exploring the Heterogeneous Effects of Export Promotion

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