• Medientyp: E-Book
  • Titel: Export Tax Rebates and Resource Misallocation : Evidence from a Large Developing Countr
  • Beteiligte: Weinberger, Ariel [Verfasser:in]; Xuefeng, Qian [Sonstige Person, Familie und Körperschaft]; Yasar, Mahmut [Sonstige Person, Familie und Körperschaft]
  • Erschienen: [S.l.]: SSRN, [2017]
  • Erschienen in: Globalization and Monetary Policy Institute Working Paper ; No. 302
  • Umfang: 1 Online-Ressource (42 p)
  • Sprache: Englisch
  • Entstehung:
  • Anmerkungen: Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2017-01-01 erstellt
  • Beschreibung: The export tax rebate (ETR) policy is one of the most frequently used policy instruments by Chinese policy makers. This paper therefore provides a vital analysis of its allocation effects. To motivate our empirical analysis for the allocation effects of the ETR policy, we first add a tax rebate to the Melitz and Ottaviano (2008) model and examine the impact of this policy on firms' markup size and resource allocation between eligible and non-eligible firms for the rebates. We use customs transactions, tax administration, and firm-level data to measure the effect of variation in export tax rebates, taking advantage of the large policy change in 2004. A difference-indifference approach allows us to compare the production and pricing decisions of eligible versus non-eligible firms and the distributional implications. We find that an increase in tax rebates shifts production to eligible firms and that tax rebates increase allocative efficiency
  • Zugangsstatus: Freier Zugang