IDEAS home Printed from https://ideas.repec.org/p/qed/dpaper/64.html
   My bibliography  Save this paper

Options For Dealing With Declining Industries

Author

Listed:
  • Glenn Jenkins

    (Queen's University, Kingston, On, Canada)

Abstract

The Canadian government has tried almost every conceivable policy to assist declining firms, industries and regions. Such programs have included loans, grants, investment tax credits, special unemployment compensation, early retirement plans, employment tax credits and nationalization. The results have not been impressive. There is always a continuous movement of entrepreneurs, labour and capital to new opportunities and often when an industry is far removed from a major centre this decline has particular regional and employment implications. Policy options are required as much for addressing the social and political problems of declining communities and regions as for declining industries. There have been a number of studies that show that income losses imposed on individual workers, although in some cases not insignificant, appear almost trivial when compared with the government subsidies or higher costs imposed on Canadian consumers. Labour adjustment assistance, particularly in the form of lump-sum payments, has the ability to produce more rapid economical adjustment for declining industries.

Suggested Citation

  • Glenn Jenkins, 1985. "Options For Dealing With Declining Industries," Development Discussion Papers 1985-01, JDI Executive Programs.
    • Handle: RePEc:qed:dpaper:64
    as

    Download full text from publisher

    File URL: https://cri-world.com/publications/qed_dp_64.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Graham Glenday & Glenn F. Jenkins, 1984. "Industrial Dislocation And The Private Cost Of Labor Adjustment," Contemporary Economic Policy, Western Economic Association International, vol. 2(4), pages 23-36, January.
    2. Glenn Jenkins & GRAHAM GLENDAY & JOHN EVANS, 1982. "Worker Adjustment Policies: An Alternative To Protectionism," Development Discussion Papers 1982-02, JDI Executive Programs.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Glismann, Hans H. & Spinanger, Dean, 1984. "Clothing the world efficiently: The MFA and consumers," Kiel Working Papers 208, Kiel Institute for the World Economy (IfW Kiel).
    2. Glenn P. Jenkins & Chun-Yan Kuo & Aygul Ozbafli, 2007. "Cost-Benefit Analysis Case Study on Regulations to Lower the Level of Sulphur in Gasoline," Development Discussion Papers 2007-08, JDI Executive Programs.
    3. Glenn Jenkins, 1985. "Costs And Consequences Of The New Protectionism: The Case Of Canada’S Clothing Sector," Development Discussion Papers 1985-04, JDI Executive Programs.

    More about this item

    Keywords

    declining industries; policy options; Canada;
    All these keywords.

    JEL classification:

    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:qed:dpaper:64. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mark Babcock (email available below). General contact details of provider: https://edirc.repec.org/data/qedquca.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.