Fiscal Subsidy Policy on Home Appliances: Its Effects on Domestic Consumption and Exports in China

查看全文 作　　者：Ting [1]Ji;Ningyuan [2]Jia;Faqin [3]Lin;Hang [4]Wu

机构地区：[1]School of International Trade and Economics , Central University of Finance and Economics, China;[2]Department of Economics, London School of Economics and Political Sciences, UK;[3]School of International Trade and Economics , Central University of Finance and Economics , China;[4]School of Management , Harbin Institute of Technology, China

出　　处：《China & World Economy》索引2019年第27卷第4期,共21页

基　　金：the National Natural Science Foundation of China (Nos.71703180 and 71603297);Faqin Lin acknowledges the financial support of the National Natural Science Foundation of China (No. 71773148). 摘　　要：This paper evaluates the effects of the Home Appliances Going to the Countryside (HAGC) policy, afiscal subsidy program implemented in China to boost private consumption of home appliances in rural areas from 2007 to 2012. Using the policy as anatural experiment and employing the difference-in-difference estimator, we find that the policy did not increase domestic sales of relevant goods as expected;instead, it actually reduced domestic sales and significantly promoted exports. These surprising results are robust across regressions of alternative datasets, more controls, and different regions. We further provide detailed information of undisclosed audit data for acounty in Zhejiang province to shed light on the underlying mechanism of such unexpected results, suggesting loopholes in the HAGC and changes in export tax rebate rates. 关键词：DIFFERENCE-IN-DIFFERENCE ESTIMATOR FISCAL MULTIPLIER home appliances to the COUNTRYSIDE

相关文献

参考文献（44）
引证文献（1）
耦合文献（83）

参考文献(44)

引证文献(1)

耦合文献(83)

互联网出版许可证新出网证(渝)字10号全国400电话 - 免长途话费

Fiscal Subsidy Policy on Home Appliances: Its Effects on Domestic Consumption and Exports in China

参考文献(44)

引证文献(1)

耦合文献(83)

用户提示