All These Worlds Are Yours, Except India : The Effectiveness of Export Subsidies in Nepal
This paper evaluates the effect on firm-level export outcomes of the Cash Incentive Scheme for Exports program provided by the Government of Nepal. The analysis utilizes customs-level data for 2011-14, combined with information on the subsidy payme...
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okr-10986-263502021-06-08T14:42:48Z All These Worlds Are Yours, Except India : The Effectiveness of Export Subsidies in Nepal Defever, Fabrice Reyes, Jose Daniel Riano, Alejandro Varela, Gonzalo EXPORT COMPETITIVENESS SUBSIDIES EXPORT SUBSIDIES EXPORT DIVERSIFICATION TRADE POLICY PERFORMANCE REQUIREMENTS INCENTIVE SCHEME This paper evaluates the effect on firm-level export outcomes of the Cash Incentive Scheme for Exports program provided by the Government of Nepal. The analysis utilizes customs-level data for 2011-14, combined with information on the subsidy payments made to individual firms provided by the Central Bank of Nepal. The Cash Incentive Scheme for Exports cash subsidy is available to firms exporting a select group of products, and requires firms to export to countries other than India. Overall, the subsidy has not produced a significant impact on firm-level export values, prices, quantities, or their growth rates. However, the study finds a small positive effect on the number of eligible products exported to countries other than India and the number of destination markets reached among firms that receive the subsidy. These results are consistent with the fact that the subsidy was granted primarily to large exporters that were already shipping eligible products to countries other than India. The findings suggest that although the cash subsidy has not produced a significant increase in exports, it has achieved a positive impact on export diversification for firms that were already satisfying the scheme's eligibility criteria. 2017-04-13T14:55:30Z 2017-04-13T14:55:30Z 2017-03 Working Paper http://documents.worldbank.org/curated/en/698681490020512516/All-these-worlds-are-yours-except-India-the-effectiveness-of-export-subsidies-in-Nepal http://hdl.handle.net/10986/26350 English en_US Policy Research Working Paper;No. 8009 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper South Asia |
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Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
EXPORT COMPETITIVENESS SUBSIDIES EXPORT SUBSIDIES EXPORT DIVERSIFICATION TRADE POLICY PERFORMANCE REQUIREMENTS INCENTIVE SCHEME |
spellingShingle |
EXPORT COMPETITIVENESS SUBSIDIES EXPORT SUBSIDIES EXPORT DIVERSIFICATION TRADE POLICY PERFORMANCE REQUIREMENTS INCENTIVE SCHEME Defever, Fabrice Reyes, Jose Daniel Riano, Alejandro Varela, Gonzalo All These Worlds Are Yours, Except India : The Effectiveness of Export Subsidies in Nepal |
geographic_facet |
South Asia |
relation |
Policy Research Working Paper;No. 8009 |
description |
This paper evaluates the effect on
firm-level export outcomes of the Cash Incentive Scheme for
Exports program provided by the Government of Nepal. The
analysis utilizes customs-level data for 2011-14, combined
with information on the subsidy payments made to individual
firms provided by the Central Bank of Nepal. The Cash
Incentive Scheme for Exports cash subsidy is available to
firms exporting a select group of products, and requires
firms to export to countries other than India. Overall, the
subsidy has not produced a significant impact on firm-level
export values, prices, quantities, or their growth rates.
However, the study finds a small positive effect on the
number of eligible products exported to countries other than
India and the number of destination markets reached among
firms that receive the subsidy. These results are consistent
with the fact that the subsidy was granted primarily to
large exporters that were already shipping eligible products
to countries other than India. The findings suggest that
although the cash subsidy has not produced a significant
increase in exports, it has achieved a positive impact on
export diversification for firms that were already
satisfying the scheme's eligibility criteria. |
format |
Working Paper |
author |
Defever, Fabrice Reyes, Jose Daniel Riano, Alejandro Varela, Gonzalo |
author_facet |
Defever, Fabrice Reyes, Jose Daniel Riano, Alejandro Varela, Gonzalo |
author_sort |
Defever, Fabrice |
title |
All These Worlds Are Yours, Except India : The Effectiveness of Export Subsidies in Nepal |
title_short |
All These Worlds Are Yours, Except India : The Effectiveness of Export Subsidies in Nepal |
title_full |
All These Worlds Are Yours, Except India : The Effectiveness of Export Subsidies in Nepal |
title_fullStr |
All These Worlds Are Yours, Except India : The Effectiveness of Export Subsidies in Nepal |
title_full_unstemmed |
All These Worlds Are Yours, Except India : The Effectiveness of Export Subsidies in Nepal |
title_sort |
all these worlds are yours, except india : the effectiveness of export subsidies in nepal |
publisher |
World Bank, Washington, DC |
publishDate |
2017 |
url |
http://documents.worldbank.org/curated/en/698681490020512516/All-these-worlds-are-yours-except-India-the-effectiveness-of-export-subsidies-in-Nepal http://hdl.handle.net/10986/26350 |
_version_ |
1764461763948969984 |