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| Jorge F. Chávez, Antonio Cusato Novelli and Max Perez Leon |
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| ''Export Subsidies in Emerging Markets During the Great Trade Collapse'' |
| ( 2020, Vol. 40 No.3 ) |
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| 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. |
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| Keywords: Export Subsidies; Trade Policy; Export Performance |
JEL: F1 - Trade: General
H2 - Taxation, Subsidies, and Revenue: General |
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| Manuscript Received : Jan 29 2020 | | Manuscript Accepted : Jul 14 2020 |
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