Are the Benefits of Export Support Durable? Evidence from Tunisia | |
Cadot, Olivier ; Fernandes, Ana M. ; Gourdon, Julien ; Mattoo, Aaditya | |
World Bank, Washington, DC | |
关键词: ACCOUNTING; ADMINISTRATIVE COSTS; ADVERSE EFFECT; ADVERTISING; BILATERAL TRADE; | |
DOI : 10.1596/1813-9450-6295 RP-ID : WPS6295 |
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学科分类:社会科学、人文和艺术(综合) | |
来源: World Bank Open Knowledge Repository | |
【 摘 要 】
This paper evaluates the effects of theFAMEX export promotion program in Tunisia on the performanceof beneficiary firms. While much of the literature assessesonly the short-term impact of such programs, the paperconsiders also the longer-term impact. Propensity-scorematching, difference-in-difference, and weighted leastsquares estimates suggest that beneficiaries initially seefaster export growth and greater diversification acrossdestination markets and products. However, three years afterthe intervention, the growth rates and the export levels ofbeneficiaries are not significantly different from those ofnon-beneficiary firms. Exports of beneficiaries do remainmore diversified, but the diversification does not translateinto lower volatility of exports. The authors also did notfind evidence that the program produced spillover benefitsfor non-beneficiary firms. However, the results on thelonger-term impact of export promotion must be interpretedcautiously because the later years of the sample period sawa collapse in world trade, which may not have affected allfirms equally.
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