The Foreign Service and Foreign Trade: Embassies as Export Promotion / Andrew K. Rose.

Format:

Book

Author/Creator:

Rose, Andrew K.

Contributor:

National Bureau of Economic Research.

Series:

Working Paper Series (National Bureau of Economic Research) no. w11111.

NBER working paper series no. w11111

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

The Foreign Service and Foreign Trade

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2005.

Summary:

As communication costs fall, foreign embassies and consulates have lost much of their role in decision-making and information-gathering. Accordingly, foreign services are increasingly marketing themselves as agents of export promotion. I investigate whether exports are in fact systematically associated with diplomatic representation abroad. I use a recent cross-section of data covering twenty-two large exporters and two-hundred import destinations. Bilateral exports rise by approximately 6-10% for each additional consulate abroad, controlling for a host of other features including reverse causality. The effect varies by exporter, and is non-linear; consulates have smaller effects than the creation of an embassy.

Notes:

Print version record

February 2005.