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AN EXAMINATION OF STATE FOREIGN EXPORT PROMOTION AND MANUFACTURING EXPORTS *
Author(s) -
Coughlin Cletus C.,
Cartwright Phillip A.
Publication year - 1987
Publication title -
journal of regional science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.171
H-Index - 79
eISSN - 1467-9787
pISSN - 0022-4146
DOI - 10.1111/j.1467-9787.1987.tb01172.x
Subject(s) - promotion (chess) , trade promotion , order (exchange) , business , elasticity (physics) , economics , state (computer science) , international economics , free trade , political science , computer science , materials science , politics , law , composite material , finance , algorithm
As a means of promoting economic development state governments are increasing their levels of support for export promotion; however, there has been virtually no statistical analysis of the effects of the state export promotion expenditures. The present study specifies and estimates a cross‐section model in order to quantify the relationship between state export promotion and exports. The empirical analysis allows for the calculation of the export promotion elasticity of exports on a state basis. Two conclusions are that the rationale supporting export promotion expenditures is supported empirically and that there is much diversity among states for the estimated elasticity.