search query: @author Clements, B. / total: 2
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| Author: | Schwartz, G. Clements, B. |
| Title: | Government subsidies |
| Journal: | Journal of Economic Surveys
1999 : APR, VOL. 13:2, p. 119-147 |
| Index terms: | Subsidies Public finance |
| Freeterms: | Government expenditures |
| Language: | eng |
| Abstract: | The paper addresses the problems of measuring and defining government subsidies. It also examines how and why government subsidies are used as fiscal policy tool, and discusses their general economic effects in terms of real welfare costs and distributional implications. It also appraises international empirical evidence on government subsidies, and offers options for their reform. Recent international trends in government subsidy expenditure are analyzed for the 16-year period from 1975 to 1990, using general government subsidy data for 60 countries from the United NationsÂ’ System of National Accounts (SNA). The paper reviews major policy options for subsidy reform, focusing on ways to improve the cost‐effectiveness of subsidy programs. |
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