The next session will take place on Wednesday, October 15th, from 10:30-11:30am.
Yu Ji (Peking University) will present:
Boosting Exports or Picking Winners? The Role of Short-Term Export Credit Insurance in China
with Cong Peng (Peking University), Wei Tian (Peking University), and Yiqun Zhuang (SINOSURE).
We provide the first firm-level causal estimate of the elasticity of exports with respect to short-term export credit insurance (ECI) in a major developing-country context. Using matched transaction-level ECI records from SINOSURE, customs data, and tax filings for Chinese exporters, and exploiting quasi-random coverage variation from buyer-specific credit ceilings, we find that a 1% increase in ECI insured amounts raises export value by 0.20% and product scope by 0.05%. The effects are stronger for high-risk destinations, smaller-sized firms, private firms, and exporters located in financially constrained regions. Moreover, ECI facilitates exporters' entry into new markets. Results are robust to alternative instruments and specifications. Overall, the findings highlight the role of short-term ECI in mitigating risk, easing financial constraints, and fostering more inclusive trade growth in emerging economies.
You can join the next session using the following link:
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