(Article of periodic en Anglais - 1996)

Document title

Reply to subsidies, additionality and financial constraints

Authors(s) and Affiliation(s)

WREN C. (1) ;
(1) Dept. of Economics, University of Newcastle upon Tyne, Newcastle, ROYAUME-UNI


This paper is a comment on Holden and Swailes (JRS, 1996, pp. 303-310). The A. shows that their results (employment effects of industrial subsidies in the firms of U.K.) arise from the particular properties of the homogeneous production function. He shows that the effectiveness of assistance increases with the marginal cost of private funds and is greater in the firms facing financial constraints


Article of periodic

published at : Journal of regional science / ISSN 0022-4146

Editor : Regional Science Research Institute, Amherst, MA - ETATS-UNIS (1958)

Millesime : 1996, vol. 36, no3 [pp. 501-508]

Bibliographic references : 5 ref.

Collation : Illustration ;




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