Credibility and the cost of export subsidies /

Credibility and the cost of export subsidies /

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Bibliographic Details
Author / Creator:	Hoffmaister, Alexander W., author.
Imprint:	[Washington, D.C.?] : International Monetary Fund, Research Department, 1991.
Description:	1 online resource (iii, 29 pages) : illustrations.
Language:	English
Series:	IMF working paper ; WP/91/129 IMF working paper ; WP/91/129.
Subject:	Export subsidies -- Econometric models. Balance of payments. Foreign trade promotion. Subsidies. Export subsidies -- Econometric models.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12496572

Hidden Bibliographic Details
Other authors / contributors:	International Monetary Fund. Research Department, issuing body.
Notes:	Includes bibliographical references (pages 28-29). Restrictions unspecified Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
Summary:	Annotation Recurring balance of payments crises in countries that pursued import substitution have led some of them to establish a variety of export incentives, in particular subsidies, as a way to revive and re-orient their economies. However, exporters are likely to be uncertain of the governments commitment to export promotion because of the years of neglect. This paper analyzes the issue of the credibility of export subsidies and suggests that a government is able to convince exporters of its commitment only at a cost, which reduces the attractiveness of promoting exports by means of subsidies.
Other form:	Print version: Hoffmaister, Alexander. Credibility and the cost of export subsidies. [Washington, D.C.?] : International Monetary Fund, Research Dept., 1991

Description
Physical Description:	1 online resource (iii, 29 pages) : illustrations.
Format:	Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Bibliography:	Includes bibliographical references (pages 28-29).