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-market finance raise a number of important issues for trade rules, including in relation to transparency and the scope of subsidy …
Persistent link: https://www.econbiz.de/10012630502
-benevolent politicians may not choose efficient policies. Real-world examples indicate that politicians tend to concentrate on externalities …
Persistent link: https://www.econbiz.de/10012770493
This paper provides a tractable dynamic stochastic general equilibrium framework with endogenous firm creation and destruction and variable technology utilization to analyze the macroeconomic impact of entry costs and fixed cost subsidies. Based on this setup, we revisit empirical and...
Persistent link: https://www.econbiz.de/10012317396
regional governments have only a lump-sum profit tax (subsidy) at their disposal, but face exogenous and identical transport … costs for imports, then both countries will always offer to subsidize the firm. Furthermore, the maximum subsidy is greater …
Persistent link: https://www.econbiz.de/10009623404
Persistent link: https://www.econbiz.de/10013388217
-benevolent politicians may not choose efficient policies. Real-world examples indicate that politicians tend to concentrate on externalities …
Persistent link: https://www.econbiz.de/10010264424
. Author applies the classical models of oligopoly to subsidy competition, endogenousing investment incentives, but leaving tax … rates exogenous. According to the conventional wisdom, subsidy competition leads to overprovision of incentives. This paper … subsidies. Further, in the setting of subsidy regulation, the host country's corporate income tax rate has an ambiguous effect …
Persistent link: https://www.econbiz.de/10012751299
-benevolent politicians may not choose efficient policies. Real-world examples indicate that politicians tend to concentrate on externalities …
Persistent link: https://www.econbiz.de/10003749485
framework that emphasizes commitment. We build a model where the policy-maker has a tariff and a production subsidy at its …
Persistent link: https://www.econbiz.de/10013100012
framework that emphasizes commitment. We build a model where the policy-maker has a tariffs and a production subsidy at its …
Persistent link: https://www.econbiz.de/10013100231