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The effect of duty drawback on export promotion: The case of Korea

Title
The effect of duty drawback on export promotion: The case of Korea
Authors
Mah J.S.
Ewha Authors
마재신
SCOPUS Author ID
마재신scopus
Issue Date
2007
Journal Title
Journal of Asian Economics
ISSN
1049-0078JCR Link
Citation
vol. 18, no. 6, pp. 967 - 973
Indexed
SCOPUS scopus
Abstract
This paper examines whether or not the duty drawback system has contributed to promoting Korea's exports. The unit root tests show that they can be assumed to be integrated of order one. Banerjee et al.'s [Banerjee, A., Dolado, J. J., & Mestre, R. (May 1998). Error-correction mechanism tests for cointegration in a single-equation framework. Journal of Time Series Analysis, 19(3), 267-283] small sample error correction mechanism (ECM) test shows that there is no evidence of cointegration. The estimation results show that there are strong evidences of the positive effect of export subsidy in terms of duty drawback on export supply. That is, the efficiently managed duty drawback system may contribute to export promotion significantly. © 2007 Elsevier Inc. All rights reserved.
DOI
10.1016/j.asieco.2007.08.001
Appears in Collections:
스크랜튼대학 > 국제학부 > Journal papers
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