Export Boosting Policies and Firm Performance: Review of Empirical Evidence Around the World
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In: Jahrbucher fur Nationalokonomie und Statistik, Vol. 243, No. 1, 23.02.2023, p. 45 - 92.
Research output: Journal contributions › Journal articles › Research › peer-review
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TY - JOUR
T1 - Export Boosting Policies and Firm Performance
T2 - Review of Empirical Evidence Around the World
AU - Srhoj, Stjepan
AU - Vitezić, Vanja
AU - Wagner, Joachim
N1 - Publisher Copyright: © 2023 Walter de Gruyter GmbH, Berlin/Boston 2023.
PY - 2023/2/23
Y1 - 2023/2/23
N2 - How effective are government policy attempts to boost firm exports in the short-run? We answer this question by conducting a review of 33 studies from 26 countries around the world, and provide nine findings. Export boosting policies are defined as a group of public policies that aim to increase firm exports in the short-run. These include policies such as export promotion, export-oriented public grants, public export guarantee schemes and subsidised export loans. Our review provides insights into policy effectiveness with respect to extensive and intensive export margins, as well as firms' production function inputs and its outputs. The heterogeneity of effects across firm characteristics is emphasised, and the discussion is enriched with new evidence of spillover effects from export boosting policies. Finally, we summarise back-of-the-envelope calculations of the cost-benefit analysis and provide recommendations for future research.
AB - How effective are government policy attempts to boost firm exports in the short-run? We answer this question by conducting a review of 33 studies from 26 countries around the world, and provide nine findings. Export boosting policies are defined as a group of public policies that aim to increase firm exports in the short-run. These include policies such as export promotion, export-oriented public grants, public export guarantee schemes and subsidised export loans. Our review provides insights into policy effectiveness with respect to extensive and intensive export margins, as well as firms' production function inputs and its outputs. The heterogeneity of effects across firm characteristics is emphasised, and the discussion is enriched with new evidence of spillover effects from export boosting policies. Finally, we summarise back-of-the-envelope calculations of the cost-benefit analysis and provide recommendations for future research.
KW - export promotion policies
KW - grants
KW - guarantees
KW - impact evaluation
KW - loans
KW - review
KW - Economics
UR - http://www.scopus.com/inward/record.url?scp=85147944293&partnerID=8YFLogxK
UR - https://www.mendeley.com/catalogue/b57ce55b-4a87-3606-930d-7821a7b808f1/
U2 - 10.1515/jbnst-2022-0019
DO - 10.1515/jbnst-2022-0019
M3 - Journal articles
AN - SCOPUS:85147944293
VL - 243
SP - 45
EP - 92
JO - Jahrbucher fur Nationalokonomie und Statistik
JF - Jahrbucher fur Nationalokonomie und Statistik
SN - 0021-4027
IS - 1
ER -