Export Promotion Agencies : Do They Work?
The number of national export promotion agencies (EPAs) has tripled over the last two decades. While more countries made them part of their export strategy, studies criticized their efficacy in developing countries. EPAs were retooled, partly in response to these critiques. This paper studies the im...
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okr-10986-46702021-04-23T14:02:19Z Export Promotion Agencies : Do They Work? Lederman, Daniel Olarreaga, Marcelo Payton, Lucy Trade Policy International Trade Organizations F130 Country and Industry Studies of Trade F140 International Linkages to Development Role of International Organizations O190 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240 The number of national export promotion agencies (EPAs) has tripled over the last two decades. While more countries made them part of their export strategy, studies criticized their efficacy in developing countries. EPAs were retooled, partly in response to these critiques. This paper studies the impact of today's EPAs and their strategies, based on new survey data covering 103 developing and developed countries. Results suggest that on average they have a statistically significant effect on exports. Our identification strategies highlight the importance of EPA services for overcoming foreign trade barriers and solving asymmetric information problems associated with exports of heterogeneous goods. There are also strong diminishing returns, suggesting that as far as EPAs are concerned, small is beautiful. 2012-03-30T07:29:10Z 2012-03-30T07:29:10Z 2010 Journal Article Journal of Development Economics 03043878 http://hdl.handle.net/10986/4670 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article |
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World Bank Open Knowledge Repository |
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World Bank |
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EN |
topic |
Trade Policy International Trade Organizations F130 Country and Industry Studies of Trade F140 International Linkages to Development Role of International Organizations O190 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240 |
spellingShingle |
Trade Policy International Trade Organizations F130 Country and Industry Studies of Trade F140 International Linkages to Development Role of International Organizations O190 Development Planning and Policy: Trade Policy Factor Movement Foreign Exchange Policy O240 Lederman, Daniel Olarreaga, Marcelo Payton, Lucy Export Promotion Agencies : Do They Work? |
relation |
http://creativecommons.org/licenses/by-nc-nd/3.0/igo |
description |
The number of national export promotion agencies (EPAs) has tripled over the last two decades. While more countries made them part of their export strategy, studies criticized their efficacy in developing countries. EPAs were retooled, partly in response to these critiques. This paper studies the impact of today's EPAs and their strategies, based on new survey data covering 103 developing and developed countries. Results suggest that on average they have a statistically significant effect on exports. Our identification strategies highlight the importance of EPA services for overcoming foreign trade barriers and solving asymmetric information problems associated with exports of heterogeneous goods. There are also strong diminishing returns, suggesting that as far as EPAs are concerned, small is beautiful. |
format |
Journal Article |
author |
Lederman, Daniel Olarreaga, Marcelo Payton, Lucy |
author_facet |
Lederman, Daniel Olarreaga, Marcelo Payton, Lucy |
author_sort |
Lederman, Daniel |
title |
Export Promotion Agencies : Do They Work? |
title_short |
Export Promotion Agencies : Do They Work? |
title_full |
Export Promotion Agencies : Do They Work? |
title_fullStr |
Export Promotion Agencies : Do They Work? |
title_full_unstemmed |
Export Promotion Agencies : Do They Work? |
title_sort |
export promotion agencies : do they work? |
publishDate |
2012 |
url |
http://hdl.handle.net/10986/4670 |
_version_ |
1764392330926751744 |