The Effect of Export Promotion on Firm-Level Performance

• 成果类型: Article
• 署名作者: Munch, Jakob; Schaur, Georg
• 署名单位: University of Copenhagen; University of Tennessee System; University of Tennessee Knoxville
• 刊物名称: AMERICAN ECONOMIC JOURNAL-ECONOMIC POLICY
• ISSN/ISSBN: 1945-7731
• DOI: 10.1257/pol.20150410
• 发表日期: 2018
• 页码: 357-387
• 关键词: DEVELOPING-COUNTRIES; INTERNATIONAL-TRADE; propensity score; INFORMATION; networks; DYNAMICS; PROGRAMS; IMPACT; MARKET; work

摘要

Most countries promote exports. This paper answers two questions: Does export promotion improve firm performance, and do any benefits outweigh costs? We solve self-selection problems by accounting for an extensive set of firm characteristics. In addition, we distinguish firms that - self-selected into promotion services from firms the Danish Trade Council approached based on observed information. We find that export promotion increases sales, value added, employment, and value added per worker. For small firms, summing expenditures on export promotion, subsidies, and tax distortions, the gain in value added is roughly three times higher than the direct costs of export promotion.