Korean Government has provided special support to Korean export industry during past 40 years. However, due to the agreement on DR and appearance of WTO, the Government can't provide most of the subsidies which were allowed before WTO era. Hence, expo...
Korean Government has provided special support to Korean export industry during past 40 years. However, due to the agreement on DR and appearance of WTO, the Government can't provide most of the subsidies which were allowed before WTO era. Hence, export insurance system became more useful tool since it's one of the few allowed subsidies under WTO.
This study tries to find the impacts of export insurance systems on the exports in Korea and Japan First, this study surveyed the export insurance systems of Korea and Japan Then, using a regression analysis it analysed the effects of export insurance systems upon the exports in Korea and Japan respectively. The period of data is from 1980 to 1999.
The results of the regression analysis showed significant and positive effects of both Korean and Japanese export insurance system upon the exports.