Export tax rebate and the margins of exports: product‑level evidence from a quasi‑natural experiment
Export tax rebate and the margins of exports: product‑level evidence from a quasi‑natural experiment
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出口退税和出口利润：来自准自然实验的产品级证据
DOI：
10.1007/s10797-020-09633-2
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发表时间：
2020
影响因子：
1
通讯作者：
徐嫄
中科院分区：
文献类型：
--
作者：
李源京;马弘;徐嫄
本文从出口金额、出口数量和出口价格三个方面考察了出口增值税退税政策对出口边际的影响。将2007年7月实施的增值税退税率调整视为一次准自然实验，我们发现，出口增值税退税率的下调显著降低了出口额和出口数量，但对出口价格的传递不完全。对退税的估计反应一般高于对汇率波动的反应，与对关税变化的反应相当。
This paper examines the effect of export value-added tax (VAT) rebate policy on the margins of exports in terms of export value, quantity and price. Treating the VAT rebate adjustment implemented in July 2007 as a quasi-natural experiment, we find that a reduction in the export VAT rebate rate has significantly reduced export value and quantity with an incomplete pass-through to export price. The estimated responses to the rebate are generally higher than those to exchange rate fluctuations and comparable to those to tariff changes.