We analyze an oligopoly where public and private firms compete in quantity and R&D. Using general functions, we show that an output subsidy and an R&D tax can achieve the first-best allocation. Moreover, the degree of privatization does not influence the optimal output subsidy but does influence the optimal R&D tax. JEL Classification: H42; L13; L32;

BACKGROUND Less healthy diets are common in high income countries, although proportionally higher in those of low socio-economic status. Food subsidy programs are one strategy to promote healthy nutrition and to reduce socio-economic inequalities in health. This review summarises the evidence for the health and nutritional impacts of food subsidy programs among disadvantaged families from high ...

It is well-recognized that new technology is a crucial part of any solution to the problem of climate change. But since investments in research and development take time to mature, price and quantity instruments, i.e., carbon taxes and cap-and-trade, run into a commitment problem. We assume that the government cannot commit to the level of a policy instrument in advance, but sets the level to b...

To promote carbon emission reduction and resource reuse, this study is devoted to studying the impact of government subsidy policies on operation decision a low-carbon closed-loop supply chain system. In production stage, governments can use subsidies remanufacturing reduce green behavior costs manufacturers; in recycling consumer increase willingness consumers. study, we introduce these three ...

This study examines the financial impacts of electricity subsidy on tubewell owners and water buyers, and proposes alternative subsidy policy options that could balance the efficiency and equity. The results suggest that the subsidy plays a key role in stabilising production by providing financial incentives to tubewell owners to stabilise extraction cost under the declining watertables. The re...

— Across sub-Saharan Africa agricultural subsidy programs have again become a common strategy for combatting rural poverty, increasing agricultural production, and reducing food insecurity. Despite a large literature examining subsidies’ effects on output and welfare, little is known about their political effects. This paper examines Malawi’s Agricultural Input Subsidy Programme, one of the lar...

Egypt's food subsidies (in 1996/97 5.5 percent of government expenditures or US$1.1 bn.) cover rationed oil and sugar (23 percent of subsidy cost) and unrationed bread and flour (77 percent). The subsidies enhance food security but are nontargeted and have substantial leakages. This paper uses a Computable General Equilibrium (CGE) model to simulate the short-run effects of alternative foodsubs...