Advanced Search
MyIDEAS: Login to save this article or follow this journal

Grant Equivalent Expenditure on Industrial Subsidies in the Post-war United Kingdom

Contents:

Author Info

  • Wren, Colin
Registered author(s):

    Abstract

    This paper constructs a consistent series for U.K. central government expenditure on industrial subsidies over the postwar period, valuing incentives in grant equivalent terms from the position of a firm undertaking investment appraisal. The analysis includes direct subsidy payments as well as tax allowances and provides a disaggregation between those subsidies available on a national, regional, and sectoral or firm specific basis. A time-series analysis of the assembled data shows important differences between these components, with regional assistance performing a long-run distributive role, while other elements perform a stabilization function. The short-run patterns are broadly constant across governments but the long-run relationships exhibit structural breaks related to both political and economic events. Copyright 1996 by Blackwell Publishing Ltd

    Download Info

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Bibliographic Info

    Article provided by Department of Economics, University of Oxford in its journal Oxford Bulletin of Economics & Statistics.

    Volume (Year): 58 (1996)
    Issue (Month): 2 (May)
    Pages: 317-53

    as in new window
    Handle: RePEc:bla:obuest:v:58:y:1996:i:2:p:317-53

    Contact details of provider:
    Postal: Manor Rd. Building, Oxford, OX1 3UQ
    Email:
    Web page: http://www.blackwellpublishing.com/journal.asp?ref=0305-9049
    More information through EDIRC

    Order Information:
    Web: http://www.blackwellpublishing.com/subs.asp?ref=0305-9049

    Related research

    Keywords:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Stephen Drinkwater & David Blackaby, 2004. "Migration and Labour Market Differences: The Case of Wales," School of Economics Discussion Papers, School of Economics, University of Surrey 0604, School of Economics, University of Surrey.
    2. Crafts, Nicholas & Hughes, Alan, 2014. "Industrial Policy for the Medium to Long-term," CAGE Online Working Paper Series, Competitive Advantage in the Global Economy (CAGE) 179, Competitive Advantage in the Global Economy (CAGE).
    3. Stephen Drinkwater, 2003. "Estimating the willingness to move within Great Britain: Importance and implications," School of Economics Discussion Papers, School of Economics, University of Surrey 1203, School of Economics, University of Surrey.
    4. Harvey Armstrong, 2001. "Regional Selective Assistance: Is the Spend Enough and Is It Targeting the Right Places?," Regional Studies, Taylor & Francis Journals, Taylor & Francis Journals, vol. 35(3), pages 247-257.
    5. Broadberry, Stephen; Crafts, Nicholas., 2010. "Openness, Protectionism And Britain’S Productivity Performance Over The Long-Run," CAGE Online Working Paper Series, Competitive Advantage in the Global Economy (CAGE) 36, Competitive Advantage in the Global Economy (CAGE).
    6. Colin Wren, 2001. "The industrial policy of competitiveness: A review of recent developments in the UK," Regional Studies, Taylor & Francis Journals, Taylor & Francis Journals, vol. 35(9), pages 847-860.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:bla:obuest:v:58:y:1996:i:2:p:317-53. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.