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Export Subsidies in Emerging Markets During the Great Trade Collapse

Jorge Chávez (), Antonio Cusato Novelli () and Max Perez Leon ()
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Jorge Chávez: Universidad del Pacífico
Antonio Cusato Novelli: Universidad del Pacífico
Max Perez Leon: NERA Economic Consulting Washington DC

Authors registered in the RePEc Author Service: Jorge F. Chavez

Economics Bulletin, 2020, vol. 40, issue 3, 1879-1892

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.

Keywords: Export Subsidies; Trade Policy; Export Performance (search for similar items in EconPapers)
JEL-codes: F1 H2 (search for similar items in EconPapers)
Date: 2020-07-14
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