G2TT
来源类型Discussion paper
规范类型论文
来源IDDP12080
DP12080 Detection and Impact of Industrial Subsidies: The Case of Chinese Shipbuilding
Myrto Kalouptsidi
发表日期2017-06-05
出版年2017
语种英语
摘要This paper provides a model-based empirical strategy to, (i) detect the presence and gauge the magnitude of government subsidies and (ii) quantify their impact on production reallocation across countries, industry prices, costs and consumer surplus. I construct and estimate an industry model that allows for dynamic agents in both demand and supply and apply my strategy to world shipbuilding, a classic target of industrial policy. I find strong evidence consistent with China having intervened and reducing shipyard costs by 13-20%, corresponding to 1.5 to 4.5 billion US dollars, between 2006 and 2012. The subsidies led to substantial reallocation of ship production across the world, with Japan, in particular, losing significant market share. They also misaligned costs and production, while leading to minor surplus gains for shippers.
主题Industrial Organization ; International Trade and Regional Economics
关键词Industry dynamics Government subsidies China Shipbuilding
URLhttps://cepr.org/publications/dp12080
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/540891
推荐引用方式
GB/T 7714
Myrto Kalouptsidi. DP12080 Detection and Impact of Industrial Subsidies: The Case of Chinese Shipbuilding. 2017.
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