Do Export Support Programs Affect Prices, Quality, Markups, and Marginal Costs? Evidence From a Natural Policy Experiment

• 成果类型: Article
• 署名作者: Buus, Magnus T.; Munch, Jakob R.; Rodrigue, Joel; Schaur, Georg
• 署名单位: University of Copenhagen; Vanderbilt University; University of Tennessee System; University of Tennessee Knoxville
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/rest_a_01274
• 发表日期: 2025-01
• 页码: 172-187
• 关键词: multiproduct firms; developing-countries; product quality; TRADE; promotion; IMPACT; performance; EFFICIENCY; MARKETS

摘要

Firms success in international markets depends on their product's quality, prices, markups, and marginal cost. However, causally identified empirical evidence for the effect of trade policies that address nontariff barriers on these mechanisms is rare. To fill this gap, we exploit a quasinatural experiment in Denmark and examine the effects of an export support policy aimed at reducing nontariff barriers to trade. We find that export support raises firm-level exports within markets. However, export support does not affect prices, quality, markups, or marginal costs. Instead, the results support trade theory predicting that firms grow in export markets by shifting demand.