title: State-aid programs of BRICS countries: Сase of transport equipment trade
metadata.name: dc.contributor.author
metadata.value: Koval, Alexandra G.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Mogucheva, Anastasia B.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2018-11-16T15:36:53Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2018-11-16T15:36:53Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2018-09
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Koval A. G., Mogucheva A. B. State-aid programs of BRICS countries: Case of transport equipment trade. St Petersburg University Journal of Economic Studies, 2018, vol. 34, issue 3, pp. 415– 438.
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: 10.21638/spbu05.2018.304
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/15054
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: State aid or subsidy programs are a common practice in developed and developing countries for supporting national companies. Despite the fact that they are strictly regulated by the WTO rules, BRICS countries actively apply this measure, even though they claim to adhere to the usual path of liberalization and trade cooperation. The aim of the paper is to reveal the distinguishing features of such programs in BRICS counties for trade in transport equipment. Using a cross-country comparative analysis and case studies, the authors first explain the controversy in theoretical approaches to state aid policy analysis. They then identify the peculiarities of non-tariff measures applied by BRICS and the role of state aid. Finally, the authors present data from specific case studies in transport equipment trade. The authors conclude that the effectiveness of subsidies in the transport sector is not obvious, as dynamics of imports and exports of relevant products depends on various external factors. Nevertheless, the application of state aid in the industry provides national producers a more favorable environment. State aid programs, in most cases, do not comply with WTO regulations, which implies trade distortion and could provoke trade disputes. BRICS countries should strengthen monitoring of these programs and focus on the opportunity for applying horizontal rather than vertical subsidies.
metadata.lang: en_GB
metadata.name: dc.description.sponsorship
metadata.value: This research was supported by the Russian Foundation for Basic Research (RFBR) No. 17-02-00688 “Transformation of Russian Foreign Economic Policy in a Changing Geopolitics”.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: en
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: St Petersburg University Journal of Economic Studies;Volume 34; Issue 3
metadata.lang: -
metadata.name: dc.subject
metadata.value: state aid
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: subsidy
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: non-tariff measures
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: BRICS
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: protectionism
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: foreign trade
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: trade in transport equipment
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: State-aid programs of BRICS countries: Сase of transport equipment trade
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 04-Koval.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/15054/1/04-Koval.pdf
resources.format: Adobe PDF
resources.size: 924,47 kB