THE RELATIONSHIP BETWEEN EXPORTS, CREDIT RISK AND CREDIT GUARANTEES

This paper shows how risk mitigation through export credit insurance could increase exports to high risk importing countries. The key result is that the export response curve is more inelastic in the presence of payment risk, and the effect of insurance is to make the export curve more elastic. Statistical evidence supports this fundamental premise.

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Year of publication:	2002
Authors:	Rienstra-Munnicha, Paul ; Turvey, Calum G.
Institutions:	Agricultural and Applied Economics Association - AAEA
Keywords:	International Relations/Trade

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Extent:	application/pdf
Series:	2002 Annual meeting, July 28-31, Long Beach, CA.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2002 Annual meeting, July 28-31, Long Beach, CA Number 19583
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005513441