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Industrial Subsidies: Surveying Macroeconomic Policy Approaches

  • Nikolaos ZahariadisEmail author
Chapter
Part of the Media Business and Innovation book series (MEDIA)

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.

Keywords

Common Agricultural Policy Asset Specificity Film Industry Capital Specificity Budget Outlay 
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

© Springer-Verlag Berlin Heidelberg 2013

Authors and Affiliations

  1. 1.Department of GovernmentUniversity of Alabama at BirminghamBirminghamUSA

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