| Item Type |
Journal paper
|
| Abstract |
While considerable attention has been directed towards Chinese management of its currency vis-à-vis the U.S. dollar, the frequent alteration during the recent global economic downturn of rebates on value-added taxes paid by exporters on the inputs they have imported has been overlooked. In this paper the relevant Chinese policy changes are documented and evidence to help gauge the relative importance of this form of intervention presented. Given the relatively high share of imported value-added in Chinese exports, even apparently small changes in VAT export rebates are equivalent to non-trivial percentages of domestic value-added. This finding adds further nuance to our understanding of the impact of supply chains on the resort to protectionism during the crisis. |
| Authors |
Evenett, Simon J.; Fritz, Johannes & Jing, Yang Chun |
| Journal or Publication Title |
Oxford Review of Economic Policy |
| Language |
English |
| Keywords |
VAT rebates, China, Export Management |
| Subjects |
economics |
| HSG Classification |
contribution to practical use / society |
| HSG Profile Area |
SEPS - Economic Policy |
| Refereed |
Yes |
| Date |
June 2012 |
| Publisher |
Univ. Press |
| Place of Publication |
Oxford |
| Volume |
28 |
| Number |
2 |
| Page Range |
284-300 |
| Number of Pages |
17 |
| ISSN |
0266-903X |
| ISSN-Digital |
1460-2121 |
| Publisher DOI |
https://doi.org/10.1093/oxrep/grs016 |
| Depositing User |
Johannes Fritz
|
| Date Deposited |
16 Jul 2012 12:01 |
| Last Modified |
20 Jul 2022 17:13 |
| URI: |
https://www.alexandria.unisg.ch/publications/215272 |
Beyond Dollar Exchange-Rate Targeting : China's Crisis-Era Export Management Regime
