Public Assistance to British Shipbuilding
Shipbuilding around the industrialized world has come to be heavily subsidized. Like agricultural production in industrial countries, it exemplifies what happens when, for whatever reason and however justified, an industry is allowed to be removed from the influences of market forces.
KeywordsPublic Assistance Freight Rate Public Subsidy Trade Effect Shipbuilding Industry
Unable to display preview. Download preview PDF.
- 3.J. R. Parkinson, The Economics of Shipbuilding in the United Kingdom (Cambridge: Cambridge University Press, 1960), p. 89.Google Scholar
- 5.Irving B. Kravis and Robert E. Lipsey, Price Competitiveness in World Trade (New York: National Bureau of Economic Research, 1971), p. 470.Google Scholar
- 7.Booz-Allen and Hamilton, British Shipbuilding 1972, Report to the Department of Trade and Industry (London: HM Stationery Office, 1973).Google Scholar