HCBE Faculty Articles
US Trade Preferences and Export Performance of Developing Countries: Evidence from the Generalized System of Preferences
Document Type
Article
Publication Title
International Business Review
ISSN
1873-6149
Publication Date
2-2006
Abstract/Excerpt
Preferential market access such as the generalized system of preferences (GSP) is clearly recognized as a way of enabling developing countries export their way out of poverty. It has been a vital feature of industrialized countries' commercial policy for nearly 30 years. This study empirically explores the linkages between US trade preferences under the GSP and beneficiary country exports. Using a large US import database covering over 120 developing countries, the study examines the extent to which GSP influences export performance. The results largely indicate that the GSP has a significant and positive effect on beneficiary exports to US for all country and product groups. A proper understanding of this relationship will help donors and recipients devise appropriate policies to help encourage the growth and diversification of exports that is so vital for developing countries.
DOI
10.1016/j.ibusrev.2005.12.004
Volume
15
Issue
1
First Page
68
Last Page
83
NSUWorks Citation
Seyoum, Belay, "US Trade Preferences and Export Performance of Developing Countries: Evidence from the Generalized System of Preferences" (2006). HCBE Faculty Articles. 998.
https://nsuworks.nova.edu/hcbe_facarticles/998
