authorities in Israel with emphasis on the reduction in government participation and taking into account the heterogeneity of the …, such as a reduction in government grants, affect the level of the per capita deficit in the short run but following that … the deficit converges to its original level. (b) A reduction in government grants leads to an immediate cutback in …

encouraged, this paper highlights criticisms attributed to government control of banks. However the theory relating to the … “helping hand” view of government is advanced as having a fundamental role in the regulation and supervision of banks … Regulation model, the paper attempts to highlight the role played by government in the direct monitoring of firms. In proposing …

This paper investigates whether patent subsidy programs aimed at promoting regional innovations have aroused a large … number of low-quality applications in China and created biased patent statistics as an indicator for innovations. We found … or low value. However, the patent subsidy programs does not affect the trend of granted patents, particularly for those …

outcome when permanent domestic output exceeds the current one and when current investments and government consumption exceed …