Research ArticleOpen AccessGoogle Scholar indexed
Microeconomic Analysis of Export Credit Program
National University of Mongolia, Ulaanbaatar, Mongolia
National University of Mongolia, Ulaanbaatar, Mongolia
National University of Mongolia, Ulaanbaatar, Mongolia
National University of Mongolia, Ulaanbaatar, Mongolia
- 1 National University of Mongolia, Ulaanbaatar, Mongolia
- 2 National University of Mongolia, Ulaanbaatar, Mongolia
- 3 National University of Mongolia, Ulaanbaatar, Mongolia
- 4 National University of Mongolia, Ulaanbaatar, Mongolia
Copy link · social · email
Abstract
The aim of this paper is to study theoretical aspects of export credit insurance in the framework of microeconomics and analyze the economic impacts of an export credit program on trade flows within a framework of a microeconomic analysis. A multi-country trade model has been developed based on optimization methods and algorithm. For our theoretical analysis, we consider a multi-country trade model when one of countries imports an export good from other countries.
KeywordsExportImportDemand and Supply FunctionExport Credit Insurance Program
- Auboin, M. (2007) Boosting Trade Finance in Developing Countries: What Link with the WTO? World Trade Organization, Staff Working Paper ERSD-2007-04.
- Bertsekas, D.P. (2017) Nonlinear Programming. Athena Scientific, Nashua.
- Rienstra-Munnicha, P., Turvey, C. and Koo, W.W. (2006) A Theoretical Analysis of Economic Impacts of Export Credit Insurance and Guarantees. AAEA, Long Beach, California.
- Van Der Veer Koen, J.M. (2015) The Private Export Credit Insurance Effect on Trade. The Journal of Risk and Insurance, 82, 601-624. https://doi.org/10.1111/jori.12034
- Abraham. F. and Dewit, G. (2000) Export Promotion via Official Export Insurance. Open Economics Review, 11, 5-26. https://doi.org/10.1023/A:1008388511974
- Fitzgerald, B. and Monson, T. (1988) Export Credit and Insurance for Export Promotion. Finance and Development, 25, 53-55.
- Enkhbat, R. and Tungalag, N. (2018) Economic Impact of the Export Credit Insurance. Proceedings of 2018 China International Conference on Insurance and Risk Management, Baoding, 18-21 July 2018.
- Enkhbat, R., Undram, Ch. and Tungalag, N. (2018) The Export Credit Insurance Theoretical Research. Business and Innovation, 3.
- Undram, Ch. (2017) Developing of Export Credit Insurance Program in Mongolia. Business and Innovation, 3.