haku: @author Holtz-Eakin, D. / yhteensä: 6
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| Tekijä: | Holtz-Eakin, D. Lovely, M. |
| Otsikko: | Technological linkages, market structure , and production policies |
| Lehti: | Journal of Public Economics
1996 : JUL, VOL. 61:1, p. 73-86 |
| Asiasana: | SUBSIDIES INDUSTRIAL POLICY PRODUCTION |
| Kieli: | eng |
| Tiivistelmä: | Proponents of industrial policy argue that key industries merit subsidies because they generate beneficial externalities. The authors show that policy must reflect both technological linkages and market power in the target industries, the interaction of which may produce an optimal policy including both subsidies and taxes on target industries. The optimal policy combination may not be politically or administratively feasible. If so, the authors show that it may not be desirable to subsidize output in the externality-generating activity on either a fixed or per-unit basis. |
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