Research On The Effect Of Export Credit Insurance To Export Trade

Export credit insurance is an effective way for the government to regulate the imbalance of the export market indirectly.It is backed by the state finance and adopts the marketing approaches,which avoids the great impact on the economic society while government regulates directly and ensures the safety of the exporter’s receipt of proceeds.It’s a valid way to promote the development of the trade.This paper sort out several typical examples about export credit insurance system of foreign countries,and analyzes the trade effect of export credit insurance from two aspects:theory and reality.Besides,based on the work experience and optimal model of export with the related data of Zhejiang Province,an empirical test was made.The empirical results tell us that the lower the premium of export credit insurance,the larger the scale of export,and the payouts and export sacale are positively correlated.At last,this paper puts forward the corresponding policy suggestion,aiming at the problems existing in the current export credit insurance system.