Tekijä: | Boadway, R. W. Wildasin, D. E. |
Otsikko: | Optimal tax-subsidy policies for industrial adjustment to uncertain shocks |
Lehti: | Oxford Economic Papers
1990 : JAN, VOL. 42:1, p. 105-134 |
Asiasana: | GOVERNMENT REGULATIONS PUBLIC POLICY SUBSIDIES |
Kieli: | eng |
Tiivistelmä: | A government should intervene in an economy in order to protect its disadvantaged or unlucky members. This general idea is often used to provide a normative justification for a wide range of public policies. Direct and indirect subsidies to firms, tax preferences for particular industries or regions, protectionist policies such as tariffs or quotas, regulatory policies which may have protective effects, and job training programs for workers in depressed regions or industries all provide examples of the latter, more specific, types of policies. Discussion begins by laying out the basic structure of a model. Then a normative criteria is used to clarify the distinction between ex ante and ex post policy environments. |
SCIMA