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NBB Working Paper, 2016, 291: Did export promotion help firms weather the crisis?
Oorspronkelijke titel: Did export promotion help firms weather the crisis?
Bron: NBB Working Paper, 2016, 291: Did export promotion help firms weather the crisis?
23-05-2024
In the global recession of 2009, exports declined precipitously in many countries. We illustrate with firm-level data for Belgium and Peru that the decline was very sudden and almost entirely due to lower export sales by existing exporters. After the recession, exports rebounded almost equally quickly and we evaluate whether export promotion programs were an effective tool aiding this recovery. We show that firms taking advantage of this type of support did better during the crisis, controlling …
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