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Estimating the Subsidy Element in Public Expenditure

  • Geoffrey Denton
  • Seamus O’Cleireacain
  • Sally Ash
Part of the Trade Policy Research Centre book series

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.

Keywords

Public Expenditure Indirect Taxation Subsidy Programme Public Subsidy Trade Effect 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Trade Policy Research Centre 1975

Authors and Affiliations

  • Geoffrey Denton
    • 1
  • Seamus O’Cleireacain
    • 2
  • Sally Ash
    • 1
  1. 1.University of ReadingUK
  2. 2.State University of New YorkUSA

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