The Welfare Effects of Targeted Export Subsidies: A General Equilibrium Approach

Autor:	Colin A. Carter, Jeffrey H. Dorfman, Mary Bohman
Rok vydání:	1991
Předmět:	Economics and Econometrics General equilibrium theory media_common.quotation_subject Economics Deadweight loss Export subsidy Subsidy International economics Agricultural and Biological Sciences (miscellaneous) Welfare media_common
Zdroj:	American Journal of Agricultural Economics. 73:693-702
ISSN:	1467-8276 0002-9092
Popis:	A three-country model of export subsidies is developed with an exporter, an importer, and a neutral country which can act on either side of the market. When the neutral country is an exporter, the country offering a targeted export subsidy always suffers a welfare loss. However, when the neutral country is an importer, the possibility of a paradoxical result—that the subsidizing country can gain and the subsidized country can lose—is shown to exist, and the conditions under which this result occurs are derived. The model fails to provide justification (on national welfare grounds) for widespread use of targeted export subsidies such as the export enhancement program.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::9eb0430a6eb8b6a9c8c76c9b427ef339 https://doi.org/10.2307/1242821 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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