Despite some empirical evidence to the contrary, government subsidy to higher education is usually presumed to be inequitable because college-educated workers earn more than less educated workers. Using a simple model of educational choice with endogenous wages and two worker types, I obtain strong results concerning this conßict between efficiency and equity — namely that equity and efficiency...

BACKGROUND Poor medical care and high fees are two major problems in the world health care system. As a result, health care insurance system reform is a major issue in developing countries, such as China. Governments should take the effect of health care insurance system reform on the competition of hospitals into account when they practice a reform. This article aims to capture the influences ...

Although the implementation of targeted energy subsidies plan has been considered by policymakers since the First 5-year Economic, Social and Cultural Development Plan in Iran, it is only partially implemented in 2010. This issue has great importance for industry sector that has benefited from subsidized energy prices. This research attempts to investigate the possible impact of implementing Su...

In recent years, research examining determinants and consequences of the means-tested child care subsidy program (the Child Care and Development Fund [CCDF]) has grown dramatically. To measure subsidy utilization, existing studies typically rely on parent-reported measures of subsidy receipt drawn from large surveys. As the research literature on child care subsidies has grown, however, so have...

dependent on initial conditions, stochastic elements are also incorporated into the analysis. In this study, the effects of an export subsidy for cotton are analyzed using a linear elasticity model. COMPARATIVE STATICS OF AN The study explicitly addresses the interaction of EXPORT SUBSIDY current domestic policies with the proposed export subsidy. An export subsidy may be a successful The expec...

In this paper, we examine the effects of various industrial policies on the Korean economy using a dynamic general equilibrium model. We consider industria1 policies such as corporate income tax and subsidy as well as R&D subsidy policy. In the model we classify household sector into 10 income groups and classify production sector into 38 industries. In particular we distinguish the parts and m...

We investigate an automobile supply chain where a manufacturer and a retailer serve heterogeneous consumers with electric vehicles (EVs) under a government’s price-discount incentive scheme that involves a price discount rate and a subsidy ceiling. We show that the subsidy ceiling is more effective in influencing the optimal wholesale pricing decision of the manufacturer with a higher unit prod...

The paper analyzes “subsidy games” between countries in order to attract foreign direct investment (FDI) from a third country. The winner of this game results from the interaction of two factors, relative country size and employment gains from FDI: a large (or “central”) country is more likely to attract FDI, and so is a country with high unemployment. The subsidy equilibrium is compared with t...