“…iv) The differential impact of market shortcomings. Thus, the shortcomings in terms of information and the credit market encountered in export operations are usually much greater than those faced by companies in their sales on the domestic market (Bekerman and Sirlin, 1995).…”
Section: Export Subsidies and Incentives For Industrial Conversion Anmentioning
confidence: 99%
“…tant (Bekerman and Sirlin, 1994). In these cases the subsidies must be highly selective and suitably measured in the light of the particular characteristics of each market.…”
Section: Export Subsidiesmentioning
confidence: 99%
“…Expenditure reform policies (such as import tariffs and export subsidies) recover their macroeconomic effectiveness in this case, for these instruments make it possible either to raise the local level of activity in view of the level of external imbalance or to correct that imbalance while leaving the level of domestic activity unchanged. They thus become second-best instruments for correcting macroeconomic relative price problems (Bekerman and Sirlin, 1995).…”
“…iv) The differential impact of market shortcomings. Thus, the shortcomings in terms of information and the credit market encountered in export operations are usually much greater than those faced by companies in their sales on the domestic market (Bekerman and Sirlin, 1995).…”
Section: Export Subsidies and Incentives For Industrial Conversion Anmentioning
confidence: 99%
“…tant (Bekerman and Sirlin, 1994). In these cases the subsidies must be highly selective and suitably measured in the light of the particular characteristics of each market.…”
Section: Export Subsidiesmentioning
confidence: 99%
“…Expenditure reform policies (such as import tariffs and export subsidies) recover their macroeconomic effectiveness in this case, for these instruments make it possible either to raise the local level of activity in view of the level of external imbalance or to correct that imbalance while leaving the level of domestic activity unchanged. They thus become second-best instruments for correcting macroeconomic relative price problems (Bekerman and Sirlin, 1995).…”
“…En los modelos de esta teoría 9 los subsidios a la exportación pueden permitirle a las empresas locales apropiarse de mayores ganancias supranormales en aquellos mercados internacionales caracterizados por altos grados de concentración e importantes barreras a la entrada. Aunque este argumento difícilmente sería aplicable a los países subdesarrollados (que no cuentan con empresas lo suficientemente grandes como para entrar en competencias estratégicas de mercados con empresas foráneas), puede asumir gran importancia la competencia al interior de un mercado regional (Bekerman y Sirlin, 1994). En estos casos los subsidios deben ser altamente selectivos y adecuadamente dosificados en función de las características particulares de cada mercado.…”
Section: Los Subsidios a La Exportaciónunclassified
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