Aiding Car Producers in the EU: Money in Search of a Strategy
AbstractThis article investigates how the general principles of the Treaty have been applied to the car sector in the EU, where the soft law provisions are of particular interest. A detailed quantitative analysis from 1990 to 2008 highlights a reduction of aid over time. A shift from sectoral to “regional development” motives in granting aid to the sector is also observed in the last 10 years. However, sector specific aid is now less explicit but it remains important. Large amounts of public money are spent without a consistent strategy, reducing capacity in some cases, expanding it in others. The scarcity of public funds calls for a more focussed European policy for this industry. Copyright Springer Science+Business Media New York 2013
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Bibliographic InfoArticle provided by Springer in its journal Journal of Industry, Competition and Trade.
Volume (Year): 13 (2013)
Issue (Month): 1 (March)
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Web page: http://springerlink.metapress.com/link.asp?id=105724
automotive industry; state aid to business; EU competition policy; L62; L52; L40;
Other versions of this item:
- Marcella Nicolini & Carlo Scarpa & Paola Valbonesi, 2012. "Aiding Car Producers in the EU: Money in Search of a Strategy," "Marco Fanno" Working Papers 0115, Dipartimento di Scienze Economiche "Marco Fanno".
- L62 - Industrial Organization - - Industry Studies: Manufacturing - - - Automobiles; Other Transportation Equipment
- L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
- L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
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