Resumen de Regional export promotion offices and trade margins
Salvador Gil Pareja, Rafael Llorca Vivero, José Antonio Martínez Serrano, Francisco Requena Silvente
This paper investigates the channels through which Spanish regional export promotion offices (REPOs) abroad affect bilateral exports. Using transaction data per product over the period 1993-2010, we decompose the total impact of REPOs on exports value into three margins: number of products, number of firm transactions per product and average value per transaction. We find that the export-enhancing effect of REPOs takes place mainly through an increase in the first two margins. Moreover, we also find that the pro-trade effect of REPOs is larger for more differentiated products, for non-EU destinations and is increasing with the age of the offices.
