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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/10010291912
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
We study the robustness of the Lerner symmetry result in an open economy New Keynesian model with price rigidities. While the Lerner symmetry result, i.e. the absence of allocative and trade-flow effects of an equally-sized change in import tariff and export subsidy, holds up approximately for a...
Persistent link: https://www.econbiz.de/10012182825
fall in relation to world prices. Furthermore, the real appreciation of the rupee adversely effects India's exports. Export …
Persistent link: https://www.econbiz.de/10010369139
Owing to the WTO exemption that allows governments to subsidise arms exports, the arms trade is one of the few remaining areas of trade where we observe lump-sum and per unit transfers to exports. This paper examines the effect of arms controls, in the form of licensing delays, on the incentives...
Persistent link: https://www.econbiz.de/10010290626
One third of Chinese exporters sell more than ninety percent of their production abroad. We argue that this distinctive pattern is attributable to a wide range of subsidies that provide incentives to these pure exporters. We propose a heterogeneous-firm model in which firms exporting all their...
Persistent link: https://www.econbiz.de/10010291545
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production, and thus distort prices in the world market. The distorting effects of international trade can be distinguished … equilibrium analysis. The four parts of this approximation are: first, the estimation of the world price effect of removal of OECD … (Organisation for Economic Co-operation and Development) distortions; second, estimation of the effects of changes in world prices …
Persistent link: https://www.econbiz.de/10011807602