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Export Promotion Agencies : What Works And What Doesn't / Lederman, Daniel
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Lederman, Daniel
- Series:
- Policy research working papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Asymmetric Information.
- Budgetary Support.
- Capacity Building.
- Consumer Preferences.
- Country Strategy and Performance.
- Debt Markets.
- Development.
- Diminishing Returns.
- E-Business.
- Economic Justification.
- Economic Theory and Research.
- Emerging Markets.
- Export Competitiveness.
- Exports.
- Externalities.
- Failures.
- Finance and Financial Sector Development.
- Financial Literacy.
- International Economics & Trade.
- International Trade.
- Investment.
- ITC.
- Law and Development.
- Macroeconomic Stability.
- Macroeconomics and Economic Growth.
- Marketing.
- Markets.
- Positive Externalities.
- Private Sector Development.
- Public Sector Development.
- Tax Law.
- Technical Assistance.
- Theory.
- Trade.
- Trade Policy.
- Welfare.
- Local Subjects:
- Asymmetric Information.
- Budgetary Support.
- Capacity Building.
- Consumer Preferences.
- Country Strategy and Performance.
- Debt Markets.
- Development.
- Diminishing Returns.
- E-Business.
- Economic Justification.
- Economic Theory and Research.
- Emerging Markets.
- Export Competitiveness.
- Exports.
- Externalities.
- Failures.
- Finance and Financial Sector Development.
- Financial Literacy.
- International Economics & Trade.
- International Trade.
- Investment.
- ITC.
- Law and Development.
- Macroeconomic Stability.
- Macroeconomics and Economic Growth.
- Marketing.
- Markets.
- Positive Externalities.
- Private Sector Development.
- Public Sector Development.
- Tax Law.
- Technical Assistance.
- Theory.
- Trade.
- Trade Policy.
- Welfare.
- Physical Description:
- 1 online resource (48 pages)
- Place of Publication:
- Washington, D.C., The World Bank, 2006
- System Details:
- data file
- Summary:
- The number of national export promotion agencies (EPAs) has tripled over the past two decades. While more countries have made them part of their national export strategy, studies have criticized their efficiency in developing countries. Partly in reaction to these critiques, EPAs have been retooled (see ITC 1998 or 2000, for example). This paper studies the impact of existing EPAs and their strategies based on a new data set covering 104 industrial and developing countries. Results suggest that on average they have a strong and statistically significant impact on exports. For each USD 1 of export promotion, the paper estimates a USD 300 increase in exports for the median EPA. However, there is heterogeneity across regions, levels of development, and types of instruments. Furthermore, there are strong diminishing returns, suggesting that as far as EPAs are concerned, small is beautiful.
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