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Effect of Export Insurance on Export Promotion in Korea: Comparing the Short-term Types and the Medium and Long-term Types

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영문명
Effect of Export Insurance on Export Promotion in Korea: Comparing the Short-term Types and the Medium and Long-term Types
발행기관
한국무역연구원
저자명
Seo-Young Lee
간행물 정보
『무역연구』제10권 제4호, 1~14쪽, 전체 13쪽
주제분류
경제경영 > 무역학
파일형태
PDF
발행일자
2014.09.30
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영문 초록

This paper examines whether or not export insurance has contributed to export promotion in Korea. In particular, this study analyzes the effects of short-term, medium-term, and long-term types of export insurance. The study began with tests of the stationarity of the concerned variables. The unit root tests showed that all concerned variables were non-stationary. Accordingly, the result of cointegration test showed that the short-term types and concerned variables were cointegrated. The empirical evidence using the Vector Error Correction Model (VECM) showed that the short-term export insurance types did not have a significant effect on increasing Korean exports. It was shown that the medium-term and long-term types of export insurance and the concerned variables were not cointegrated. Thus, the medium and long-term types of export insurance estimated OLS (Ordinary Least Square Method) based on the first differenced data. The empirical evidence shows that the medium-term and long-term types of export insurance did not have a significant effect on Korean exports.

목차

Abstract
Ⅰ. Introduction
Ⅱ. Review of Literature
Ⅲ. Export Insurance in the WTO System
Ⅳ. The Model and Data
V. Empirical Evidences
Ⅵ. Conclusion
References

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APA

Seo-Young Lee. (2014).Effect of Export Insurance on Export Promotion in Korea: Comparing the Short-term Types and the Medium and Long-term Types. 무역연구, 10 (4), 1-14

MLA

Seo-Young Lee. "Effect of Export Insurance on Export Promotion in Korea: Comparing the Short-term Types and the Medium and Long-term Types." 무역연구, 10.4(2014): 1-14

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