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We explore optimal health subsidies in a dynastic model with health externalities to productivity that cause low health … public or firms’ health subsidies can internalize the externalities through age-specific labor income taxes and consumption …
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This study explores the effect of industry competition on public R&D subsidies' effectiveness. The author finds the non-linear threshold effect of industry competition on R&D subsidies' effectiveness. Specifically, R&D subsidies' effectiveness reaches its peak when industry competition lies...
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