A Comparative Analysis on the Effects of Export Insurance upon Exports in Korea, the United States, and Japan -Export Insurance for E-trading Promotion-

한.미.일 수출보험이 수출에 미치는 영향에 관한 실증분석 -전자무역을 위한 제도개선 중심으로-

  • Received : 2004.06.20
  • Accepted : 2004.08.07
  • Published : 2004.08.25

Abstract

Korean Government has provided special support to Korean export industry during past 40 years. However, due to the agreement on UR 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, the United States, and Japan. Firstly, this study surveyed the export insurance systems of Korea, the United States, and Japan. Then, using a regression analysis it analysed the effects of export insurance systems upon the exports in Korea, the United States, and Japan respectively. The period of data is from 1980 to 1999. The results of the regression analysis for export insurance showed significant and positive effects of both Korean and Japanese but the United States showed insignificant and positive upon the exports.