The Export Insurance System and Export Supply of Britain
Jai S. Mah ()
No 2003-44, Working papers from University of Connecticut, Department of Economics
Abstract:
This paper examines whether or not the export insurance subsidy provided by the British government has promoted Britain.s export supply. Unlike previous studies on the effectiveness of export subsidy in export supply, the current study examines the stationarity nature of the concerned variables. The unit root tests show that all concerned variables are integrated of order one. According to Johansen cointegration test, the concerned variables are not cointegrated. The empirical evidences using the first differenced data show that the export subsidy in terms of provision of export insurances by the government is not statistically significant in increasing export supply.
Keywords: export insurance; export supply; U.K. (search for similar items in EconPapers)
JEL-codes: F13 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2003-11
New Economics Papers: this item is included in nep-eec
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:uct:uconnp:2003-44
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