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Export Subsidies in Emerging Markets During the Great Trade Collapse

Author

Listed:
  • Jorge F. Chávez

    (Universidad del Pacífico)

  • Antonio Cusato Novelli

    (Universidad del Pacífico)

  • Max Perez Leon

    (NERA Economic Consulting Washington DC)

Abstract

We estimate the impact of an export subsidy program in Peru during the Great Trade Collapse. Historically, Peruvian firms have accessed a five percent subsidy on the FOB value of exports. The rate increased up to eight percent during the crisis. For the years 2009-2010, we find that supported firms experienced a lower decline in export values and a lower exit probability of product-destination markets.

Suggested Citation

  • Jorge F. Chávez & Antonio Cusato Novelli & Max Perez Leon, 2020. "Export Subsidies in Emerging Markets During the Great Trade Collapse," Economics Bulletin, AccessEcon, vol. 40(3), pages 1879-1892.
    • Handle: RePEc:ebl:ecbull:eb-20-00077
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    References listed on IDEAS

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    Cited by:

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    2. Fabrice Defever & Alejandro Riano & Gonzalo Varela, 2020. "Evaluating the impact of export finance support on firm-level export performance: Evidence from Pakistan," Discussion Papers 2020-07, University of Nottingham, GEP.
    3. Srhoj Stjepan & Vitezić Vanja & Wagner Joachim, 2023. "Export Boosting Policies and Firm Performance: Review of Empirical Evidence Around the World," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 243(1), pages 45-92, February.

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    More about this item

    Keywords

    Export Subsidies; Trade Policy; Export Performance;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue

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