Export Insurance Policy When Exporting to Lesser-Known Markets

Türkmen GÖKSEL

Makale detayları

Export Insurance Policy When Exporting to Lesser-Known Markets

Yazarlar:

Türkmen GÖKSEL

Yayıncı:

Sosyoekonomi Society

Dergi:

Sosyoekonomi 2010 Vol.13 Issue 13

Belge Tipi:

Makale

Yayın Tarihi:

11/2010

Belge Dili:

İngilizce

Document ID (Org No.):

2000624570

Sıklık:

Üç Aylık

pISSN:

1305-5577

Özet:

 


There are crucial differences between exporting to a lesser-known market and exporting to a well-known market. I define a well-known (lesser-known) market if exporters have complete (incomplete) information about importers' characteristics such as contract viability. This risk premium between a well-known market and a lesser-known market causes lower export volume to lesser-known markets. I find that government-supported export insurance policies can increase the total volume of exports to lesser-known markets. Moreover, this paper argues that mostly medium-sized firms are getting benefits from this policy.

.

 


There are crucial differences between exporting to a lesser-known market and exporting to a well-known market. I define a well-known (lesser-known) market if exporters have complete (incomplete) information about importers' characteristics such as contract viability. This risk premium between a well-known market and a lesser-known market causes lower export volume to lesser-known markets. I find that government-supported export insurance policies can increase the total volume of exports to lesser-known markets. Moreover, this paper argues that mostly medium-sized firms are getting benefits from this policy.

.

Makale detayları

Export Insurance Policy When Exporting to Lesser-Known Markets

Yazarlar: Türkmen GÖKSEL

Yayıncı: Sosyoekonomi Society

Dergi: Sosyoekonomi 2010 Vol.13 Issue 13

Belge Tipi: Makale

Yayın Tarihi: 11/2010

Belge Dili: İngilizce

Document ID (Org No.): 2000624570

Sıklık: Üç Aylık

pISSN: 1305-5577

Sayı

Yazarlar:

Türkmen GÖKSEL

Yayıncı:

Sosyoekonomi Society

Dergi:

Sosyoekonomi 2010 Vol.13 Issue 13

Belge Tipi:

Makale

Yayın Tarihi:

11/2010

Belge Dili:

İngilizce

Document ID (Org No.):

2000624570

Sıklık:

Üç Aylık

pISSN:

1305-5577