This paper examines the effect of leverage on the effectiveness of a self-financed taxsubsidy program offered by a government in stimulating a firm’s investment. We show that the firm, be it levered or unlevered, has an incentive to hasten its investment because of the agency conflicts arising from the commitment made by the government on the terms of the tax-subsidy program. We further show th...

Korea needs national strategies to handle problems of Small Scale Enterprises (SSEs) systematically. Since 1993, the Korean government has begun to provide financial subsidy programs for Occupational Health Services (OHSs) in SSEs from Occupational Injury Prevention Fund. To identify the health care status in SSEs in Korea, 5,080 factories, which had participated in the Government-funded Subsid...

We consider price competition models for oligopolistic markets, in which a significant part of the product or service price is paid by a third party, as a subsidy. The consumer is, therefore, impacted by the net price, defined as the difference between the nominal price and the subsidy, while the firms earn the full nominal price, partially paid by the subsidizing third party and the remainder ...

Among the agricultural important factors, inputs are the most significant in agricultural production. This article aimed to examine the impact of government subsidy policies on production of one of the most strategic products, namely on production of one of the most strategic products, namely maize, in Iran. To achieve this goal, panel data for the nine provinces of Iran's major producers of ma...

China’s Grassland Eco-Subsidy Program has been implemented since 2011 to protect and sustain grassland resources improve the economic situation of herders. In this case study, we aimed evaluate policy from perspective pastoral differentiations their willingness accept (WTA) eco-subsidy. Using contingent valuation method (CVM), interviewed 410 herder households in grass–livestock balance sub-pol...

Adopt principal component regression for researching the optimal subsidy mode of cotton production in China. The result indicates that, from the perspective of economic stimulatory effect, the optimal cotton subsidy in China is farm chemical subsidy rather than seed subsidy. The reason is that there are frequent pest disasters in cotton producing areas in China. So farm chemical subsidy is the ...

This study examined the impact of three different categories subsidy on poverty in eight rural districts Sabah 2009 until 2016. The are selected consumer items (sugar, wheat flour, cooking oil-1kg polybag, and rice), petrol diesel, liquefied petroleum gas (LPG) subsidy. Poverty is dependent variable, meanwhile items, subsidies used as independent variables. Random effect chosen to examine stati...

This paper constructs a simple model to illustrate that the current food stamp subsidy scheme fails to achieve its aim due to the crowding-out effect. In particular, if the household income is sufficiently low, only the corner solution exists and full subsidy is needed. The optimal food stamp subsidy scheme is identified and the subsidy efficiency rate is introduced to measure the impact on foo...

To motivate more people to participate in vaccination campaigns, various subsidy policies are often supplied by government and the health sectors. However, these external incentives may also alter the vaccination decisions of the broader public, and hence the choice of incentive needs to be carefully considered. Since human behavior and the networking-constrained interactions among individuals ...