Recently, the collaborative paper by Professor Yumi Jie Yu, President of Liaoning University and Fellow of the International Economic Association, along with Magnus Lodefalk and Aili Tang from Orebro University in Sweden, has been accepted for publication in the international journal Applied Economics Letters.
Abstract of the paper:
This paper employs survival analysis methods and utilizes micro-panel data at the firm-country and firm-country-product levels in Sweden to systematically examine the impact of export credit guarantees on the duration of firm exports. The research findings reveal that export credit guarantees significantly extend the export persistence of firms at both levels, and this effect is more pronounced among small-scale enterprises, small contracts, and trade targeting high-risk markets. The research conclusions offer important implications for improving policy tools, enhancing the stability of firm exports, and promoting long-term export growth.
Author's Profile:
Yu Miaojie is the Party Secretary and President of Liaoning University. He is a fellow of the United Nations International Economic Association, a Distinguished Professor under the Changjiang Scholars Program, a recipient of the National Science Fund for Distinguished Young Scholars, a Beijing Outstanding Young Scientist, a Bo Ya Distinguished Professor at Peking University, and currently serves as a member of the 14th National People's Congress and a Special Supervisor of the National Supervisory Commission. He is also the Deputy Editor-in-Chief of the top international economics journal Economic Journal. He enjoys a special government allowance from the State Council. Yu is among the top 1% of highly cited economists in the world and is the only Chinese scholar to have received the Royal Economic Society Prize in the UK.
Magnus Lodefalk is an associate professor at Orebro University and a researcher at Ratio Institute and the Global Labor Organization. His research focuses on the drivers and impediments to firm development and the mechanisms through which these factors affect employment, wages, and economic growth. His specific research areas include the economic effects of technological innovation, the impact of public policies (such as trade policies), the economic contributions of immigrant labor, and the macroeconomic consequences of firm service transformation. In his research, he frequently employs econometric methods to analyze large-scale longitudinal databases and linked employer-employee datasets.
Aili Tang is a researcher at Ratio Institute and affiliated with Orebro University. Her research focuses on the dynamics of enterprises in the energy market and international trade.
Download the paper:
https://www.lnu.edu.cn/AEL_export_credit.pdf
