The Cost of Export Subsidies: Evidence from Costa Rica
AbstractA model is developed to estimate the effects of export subsidies on the supply of exports. With data for Costa Rica over the 1980s, it is shown that although the export subsidy scheme in operation led to an increase in exports, the direct fiscal costs of the scheme were substantial. Furthermore, the subsidy scheme led to a significant increase in imports. These results suggest that elimination of export subsidies would not have a particularly harmful effect on the trade balance, and would, in addition, increase the fiscal position and generate economic efficiency.
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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Working Papers with number 91/94.
Date of creation: 01 Oct 1991
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Other versions of this item:
- Alexander Hoffmaister, 1992. "The Cost of Export Subsidies: Evidence from Costa Rica," IMF Staff Papers, Palgrave Macmillan, vol. 39(1), pages 148-174, March.
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
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- Stanley, Denise L., 2003. "The Economic Impact of Mariculture on a Small Regional Economy," World Development, Elsevier, vol. 31(1), pages 191-210, January.
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