The Foreign Service and Foreign Trade

Embassies as Export Promotion

The Foreign Service and Foreign Trade
Andrew K.. Rose, National Bure...
The Foreign Service and Foreign Trade by Andrew K.. Rose, National Bureau of Economic Research, Andrew K.. Rose, National Bureau of Economic Research
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The Foreign Service and Foreign Trade

Embassies as Export Promotion

As communication costs fall, foreign embassies and consulates have lost much of their role in decision-making and information-gathering. Accordingly, foreign services are increasingly marketing themselves as agents of export promotion. I investigate whether exports are in fact systematically associated with diplomatic representation abroad. I use a recent cross-section of data covering twenty-two large exporters and two-hundred import destinations. Bilateral exports rise by approximately 6-10% for each additional consulate abroad, controlling for a host of other features including reverse causality. The effect varies by exporter, and is non-linear; consulates have smaller effects than the creation of an embassy.

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English
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Cover of: The Foreign Service and Foreign Trade
The Foreign Service and Foreign Trade: Embassies as Export Promotion
2005, National Bureau of Economic Research
electronic resource in English

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February 2005.

Access restricted to subscribers.

Hardcopy version available to institutional subscribers.

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Mode of access: World Wide Web.

Published in
Cambridge, Mass
Series
NBER working paper series -- no. w11111, Working paper series (National Bureau of Economic Research) -- no. w11111

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[electronic resource]

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OL62723736M

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OL46190037W

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