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Industrial Subsidies: Surveying Macroeconomic Policy Approaches

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State Aid for Newspapers

Part of the book series: Media Business and Innovation ((MEDIA))

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Abstract

Subsidies are a notoriously difficult concept to grasp. Policymakers normally do not want to define them in specific terms because they then become identifiable budget items which could prove politically embarrassing. In addition, unlike other items, there is no agency responsible for identifying, monitoring, or allocating subsidies. Different agencies call subsidies different things and insert them under different names at different times and places in the annual government budget. For this reason there is no widely accepted definition.

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Notes

  1. 1.

    Bagwell and Staiger (2002, p. 179) conclude that on a general level agricultural export subsidies may not be beneficial to importing countries because agreements at the WTO to limit them restrict trade and increase prices. They do, however, benefit exporting countries.

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Authors and Affiliations

  1. Department of Government, University of Alabama at Birmingham, Birmingham, AL, 35294, USA

    Nikolaos Zahariadis

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  1. Nikolaos Zahariadis
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Correspondence to Nikolaos Zahariadis .

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  1. University of Salzburg ICT&S Center, Salzburg, Austria

    Paul Murschetz

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Zahariadis, N. (2013). Industrial Subsidies: Surveying Macroeconomic Policy Approaches. In: Murschetz, P. (eds) State Aid for Newspapers. Media Business and Innovation. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-35691-9_4

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