Theoretical And Empirical Research On Economic Growth Efficiency Of Export Rebate

Export rebate is one of the most important means of macro-control in the foreign trade. It plays an important role in promoting a country's economic growth. This thesis will discuss export rebate mainly through the derivation of a theoretical model. A theoretical model of trade with capital accumulation, which is used to study the impact of voluntary export restraints in international trade, is adopted in this paper. Furthermore, a parameter denoting export rebate is introduced into this model. After deduction and derivation, we have following conclusions. Export rebate raises domestic firm's output. Meanwhile it cuts down the foreign firm's sales volume. Export rebate increases domestic firm's profit and decreases rival's profit. While considering the whole country's benefits, it is not always right that the more export rebate, the better welfare. The whole country's benefits will reduce if the amount export rebate is higher than a certain level. This model also finds out the best level of export rebate, which is dependent on the parameters of firm's demand function.In part two of this article, author analyses three relation by using China's data: total amount of export rebate and total export, total export and GDP, total amount of export rebate and GDP. It turns out that our country's export rebate plays an obvious role in promoting economic growth. The last part of this paper simply introduces the develop history of export rebate system in China. In addition, the article points out problems existing in our country's export rebate system and gives some corresponding policy proposal.The innovation of this paper is that it studies export rebate by building a specific theoretical model. The model includes the content of Optimal Control and Economic Dynamics, Cournot Competition and Game Theory. We come to some conclusions after the derivation of the model. And the conclusions can explain the fact that export rebate promotes economic growth and optimizes the economic structure. So, it has some significance.