英文文献:A Theoretical Analysis of Economic Impacts of Export Credit Insurance and Guarantees-出口信用保险和担保对经济影响的理论分析
英文文献作者:Rienstra-Munnicha, Paul,Turvey, Calum G.,Koo, Won W.
英文文献摘要:
This paper developed an economic framework to analyze the economic impacts of an ECP on trade flows within the context of a partial equilibrium approach which assumes that non-payment risks are distinct between selling at home and abroad based on difficulties and expense in recovering non-payments are different in the two markets. A two-country partial equilibrium trade model is developed to analyze the economic impact of the export credit insurance and/or guarantees on trade flows. The results also show that to minimize or recover the efficiency loss, an export credit program can be employed to increase the exported quantity and reduce the excessively high equilibrium price as a result of non-payment risk. The overall net welfare loss of the two countries is smaller than the recovered efficiency loss. From the perspective of recovering efficiency loss, the use of an export credit program is justifiable.
经济框架,本文开发了一个分析项目的经济影响贸易流上下文中的部分均衡方法假定未付款风险之间不同的国内外销售基于恢复困难和费用未付款是不同的两个市场。为了分析出口信用保险和/或担保对贸易流动的经济影响,建立了一个两国部分均衡贸易模型。研究结果还表明,为了最小化或挽回效率损失,可以采用出口信贷计划来增加出口数量,降低由于不付款风险而导致的过高的均衡价格。两国总体的净福利损失小于恢复的效率损失。从恢复效率损失的角度来看,使用出口信贷计划是合理的。


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