The Export Market Development Grants Scheme And The Development Of Australian Exports: Rationale, Impact And Recommendations

This paper examines the impact of the Export Market Development Grants scheme on Australia's export performance. The EMDG scheme has had a positive impact on Australian exporters by subsidising the transaction costs of exporting, encouraging exporters to develop experience and encouraging them to change their mindsets. The program is important given the need to improve Australia's export performance. Recommendations are also made about how to improve the scheme, including reviewing the $150 million cap.