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.
| Original language | English |
|---|---|
| Journal | Economics Bulletin |
| Volume | 40 |
| Issue number | 3 |
| State | Published - 14 Jul 2020 |
Bibliographical note
Publisher Copyright:© 2020, Economics Bulletin. All Rights Reserved.
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 8 Decent Work and Economic Growth
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SDG 9 Industry, Innovation, and Infrastructure
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SDG 10 Reduced Inequalities
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SDG 17 Partnerships for the Goals
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