Abstract
Described in brief in the last chapter were British industrial and regional policies since 1960. It was pointed out that policy-making in the area of domestic distortions was very much a matter of learning by doing. Changes in policy following changes in government resulted as often from re-evaluation of existing techniques as from ideological differences between political parties. Discussion now turns to the examination of the distribution of subsidies among industries; since problems vary in size and importance from industry to industry, both objectively and in the subjective evaluation of policy-makers, an uneven distribution of government largesse was to be expected.
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© 1975 Trade Policy Research Centre
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Denton, G., O’Cleireacain, S., Ash, S. (1975). Estimating the Subsidy Element in Public Expenditure. In: Trade Effects of Public Subsidies to Private Enterprise. Trade Policy Research Centre. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-02262-5_3
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DOI: https://doi.org/10.1007/978-1-349-02262-5_3
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-02264-9
Online ISBN: 978-1-349-02262-5
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