Kalouptsidi, Myrto - National Bureau of Economic Research (NBER) - 2014
subsidies and (ii) quantify their impact on production reallocation across countries, industry prices, costs and consumer … strategy to world shipbuilding, a classic target of industrial policy. I find strong evidence consistent with China having … intervened and reducing shipyard costs by 15-20%, corresponding to 5 billion US dollars between 2006 and 2012. The subsidies led …