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A Comparative Welfare Analysis of the Duty Drawback and the Common Bonded Warehouse Schemes

Philippine Review of Economics

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Title A Comparative Welfare Analysis of the Duty Drawback and the Common Bonded Warehouse Schemes
 
Creator Israel, Rex David C.
 
Subject
 
Description This study analyzes the private and social gains of two duty-free incentive schemes that are currently available to small- and medium-sized firms, namely the duty drawback and the common bonded warehouse schemes. Private and social criteria within the cost-benefit framework were constructed to evaluate the effects of the two schemes on a representative export firm. At the firm level, the study finds that the common bonded warehouse scheme is superior to the duty drawback in effectively decreasing the cost of production and increasing profit. The study makes a modest attempt at evaluating the two schemes at the social level. With some qualifications, the common bonded warehouse scheme may also be socially superior than the duty drawback.
 
Publisher Philippine Review of Economics
 
Contributor
 
Date 1993-12-24
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/146
 
Source Philippine Review of Economics; Vol 30, No 2 (1993)
1655-1516
 
Language eng
 
Relation http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/146/464
 
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