Empirical evidence for export promotion strategies

Author: Yamada Hiroshi  

Publisher: Routledge Ltd

ISSN: 1466-4291

Source: Applied Economics Letters, Vol.6, Iss.12, 1999-12, pp. : 775-778

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Abstract

The paper examines the validity of export promotion strategies using a structural vector autoregressive model. Empirical results based on Korean monthly data indicate that: (i) export specific shocks have permanent effects on output; and (ii) the effects are not small. These results provide some support for export promotion strategies.