Abstract

This paper examines whether or not the export assistance system has contributed to export promotion in Korea. The current study starts from examining the stationarity of the concerned variables. The unit root tests show that all variables are not I(0) Time Series. Instead, they are I(1) Time Series. According to Johansen cointegration test, the concerned variables are not cointegrated. Thus, this study estimated OLS (Ordinary Least Square Method) based on the first differenced data. The empirical evidence shows that export insurance and trade exhibition did not have a significant effect on exports. That is, the export insurance system and trade exhibition system have not contributed to export promotion in Korea. The empirical evidence shows that duty drawback did have a significant effect on exports. That is, the efficiently managed duty drawback system may contribute to export promotion significantly in Korea

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