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We evaluate the impact of firm-specific export subsidies on exports in Colombia.  Using a two-stage selection correction procedure, we obtain firm-specific predicted subsidy amounts that can be explained by the characteristics that determine the firms' eligibility for government support and its...
Persistent link: https://www.econbiz.de/10011004370
We evaluate the impact of firm-specific export subsidies on exports in Colombia. Using a two-stage Heckman selection procedure, we obtain firm-specific predicted subsidy amounts that can be explained by the characteristics that determine the firms' eligibility for the government support and its...
Persistent link: https://www.econbiz.de/10010263539
This paper evaluates the impact of two export finance support schemes: The Export Finance Scheme (EFS) and the Long-Term Finance Facility for Plant & Machinery (LTFF) on firm-level export performance. These policies offer loans to exporters at concessionary interest rates to finance short-term...
Persistent link: https://www.econbiz.de/10012263748
The WTO has increased international disciplines on export policy, but there is still scope for the use of export subsidies and other measures to promote exports. Under macroeconomic and trade reforms of the last decade, many countries have reduced or eliminated import measures which operate as...
Persistent link: https://www.econbiz.de/10010227589
India's graduation from the ranks of low-income countries, making it ineligible under the WTO rules to grant export subsidies on manufactures has thrown up a new policy challenge. In this context, this paper argues for the government to rethink its export incentives programme altogether and take...
Persistent link: https://www.econbiz.de/10012214453
The Foreign Account Tax Compliance Act (FATCA) represents a powerful response by the United States to flagrant offshore tax evasion. Although the new reporting regime has been criticized as unilateral and extraterritorial, this short article, prepared for a symposium hosted by Pepperdine Law...
Persistent link: https://www.econbiz.de/10013059641
This paper develops a Bertrand Price Competition model with differentiated goods in which export subsidies are compared to exchange rate depreciation as different government policies for promoting exports. National governments may wish to help domestic firms to expand market shares in profitable...
Persistent link: https://www.econbiz.de/10009712937
We examine the gains from Chinese accession to the WTO. Using Arkolakis, Costinot, and Rodríguez-Clare (2012) we provide a new quantitative welfare measure by dividing the manufacturing sector into import and export sub-sectors. We then evaluate how the increased openness caused by China's...
Persistent link: https://www.econbiz.de/10011406563
This note points out that the treatment by many texts of export subsidies in a competitive market contains an error. The error is shown to be present in both partial equilibrium and general equilibrium models. The paper also considers the ranking of export subsidies, production subsidies and a...
Persistent link: https://www.econbiz.de/10013144580
India has a large positive trade balance in the apparel sector and is ranked among the top 10 apparel exporting countries. However, of late, its export growth has stagnated and the country is facing competition in key export markets such as the United States and the European Union from other...
Persistent link: https://www.econbiz.de/10011919374