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      <record key="001" att1="001" value="LIB911142906" att2="LIB911142906">001   LIB911142906</record>
      <field key="037" subkey="x">englisch</field>
      <field key="050" subkey="x">Forschungsbericht</field>
      <field key="076" subkey="">Ökonomie</field>
      <field key="079" subkey="y">http://www.ihs.ac.at/publications/eco/es-75.pdf</field>
      <field key="079" subkey="z">Gschwandtner, Adelina, A Welfare Comparison Between Export Subsidies and Exchange Rate Depreciation (pdf)</field>
      <field key="079" subkey="y">http://ideas.repec.org/p/ihs/ihsesp/75.html</field>
      <field key="079" subkey="z">Institute for Advanced Studies. Economics Series; 75 (RePEc)</field>
      <field key="100" subkey="">Gschwandtner, Adelina</field>
      <field key="103" subkey="">BWZ - Department of Economics, University of Vienna</field>
      <field key="331" subkey="">A Welfare Comparison Between Export Subsidies and Exchange Rate Depreciation</field>
      <field key="403" subkey="">1. Ed.</field>
      <field key="410" subkey="">Wien</field>
      <field key="412" subkey="">Institut für Höhere Studien</field>
      <field key="425" subkey="">1999, October</field>
      <field key="433" subkey="">21 pp.</field>
      <field key="451" subkey="">Institut für Höhere Studien; Reihe Ökonomie; 75</field>
      <field key="451" subkey="h">Kunst, Robert M. (Ed.) ; Fisher, Walter (Ed.) ; Ritzberger, Klaus (Ed.)</field>
      <field key="461" subkey="">Economics Series</field>
      <field key="517" subkey="c">from the Table of Contents: Introduction; The Model; The Consumer Problem; Price Competition between Firms; The Government</field>
      <field key="Pro" subkey="b">lem; Conclusions; Appendix;</field>
      <field key="544" subkey="">IHSES 75</field>
      <field key="700" subkey="">F13</field>
      <field key="700" subkey="">F31</field>
      <field key="720" subkey="">Export susidies</field>
      <field key="720" subkey="">Exchange rate depreciation</field>
      <field key="720" subkey="">International trade</field>
      <field key="720" subkey="">Bertrand competition</field>
      <field key="753" subkey="">Abstract: This paper develops a Bertrand Price Competition model with differentiated goods in which export subsidies are compared</field>
      <field key="to" subkey="e">xchange rate depreciation as different government policies for promoting exports. National governments may wish to help</field>
      <field key="dom" subkey="e">stic firms to expand market shares in profitable areas and might do this through either one of these two tools. Their effects</field>
      <field key="on" subkey="e">quilibrium values are analyzed and compared. It is shown that while the two examined trade policies give rise to the same</field>
      <field key="hig" subkey="h">est welfare, they could produce some significant differences according to circumstances. If the exchange rate is sufficiently</field>
      <field key="hig" subkey="h">and the level of the nominal wage sufficiently low, the marginal effect of the subsidy will be higher. But if unions are</field>
      <field key="str" subkey="o">ng (and demand a high nominal wage) and the exchange rate is sufficiently low, the governments could also consider a</field>
      <field key="dep" subkey="r">eciation as an alternative policy to export subsidies.;</field>
    </SEQUENTIAL>
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