Export Subsidies in Emerging Markets During the Great Trade Collapse
Jorge ChÃ¡vez (),
Antonio Cusato Novelli () and
Max Perez Leon ()
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Jorge ChÃ¡vez: Universidad del PacÃfico
Antonio Cusato Novelli: Universidad del PacÃfico
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
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)
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-20-00077
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