Study Of The Effects Of Export Rebate Policy

Export rebate systern is a financial method of one country to raise it's commodity export competitveness. Since the implementation of the export rebate policy, on which the dispute is still existing in theory field. One of the opinion considers that export rebate policy is just a neutual tax policy. Another opinion pionts out that export rebate policy can inspire exportation. And government can establish different export rebate models in a reasonable range, which can provide a support to adjust economic structure and change the type of economic increase. It also emphasises on the active promotive effect of this systerm. Then the questions is that how to evaluate the economic effect of the export reabte on the rational side? And how to apply the systerm effectively in economic policy-making becomes the significant topic both in political circles and theory field. This paper analyzes the effect of export rebate from four parts: export gross, structure of export commodity, type of export trade and export districts, which is significant to the reality.Through looking back the evolutional process of export rebate policy, we know some important factors, which impact on the export rebate policy. The factors include strategy of economic development, situation of economic development, foreign trade systemm, situation of export, fiscal system, foreign exchange system, particularities of products, international exportation environment and so on. Then we have macroscopic reference principle and basis to assess the effect of export rebate. According to our country's export datas from 1989 to 2008, this paper studies the relationship between export rebate and exportation development. And the paper has proved that the implementation of export rebate positively promotes our country's export trade.After that, the paper analyzes and studies empirically our country's rencent structure of export commodities, the type of export trade and the characteristic of exportation district. Results: the maximal positive effect of export rebate working is to mechanical and electrical products; The next is to textile and garment products; And export of energy-intensive, highly-polluting and resource-based products is supressed. These displays that export rebate positively impacts the structure of export commodities. And the impact on changing type of export trade is small; Improving development of the eastern and middle exportation is strong and improving development of western export is also small. In order to analyze the effect of export rebate comprehensively, under the backround of financial crisis, the author predicts and studies export rebate's equalizing effect by MCHUGE model. The result shows that: Export rebate positively influences our country's infuture important economic index; The exportation of mechanical and electrical products and the exportation of textile and garment products will increase; And the exportation of energy-intensive, highly-polluting and resource-based products will decrease. Those reflects the policy intent.On the base of empirical study, we put forward the target system of export rebate, which includes the object of developing export trade, developing sustainablely, adjusting structure, employment and others. From the content of target system, the policy target is different in different period and conditon. So we should set priorities and make scientific and all-round export rebate policy to improve product competitiveness.