Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/51310 
Erscheinungsjahr: 
2008
Schriftenreihe/Nr.: 
Economics Department Working Paper Series No. 1
Verlag: 
Technische Universität Braunschweig, Institut für Volkswirtschaftslehre, Braunschweig
Zusammenfassung: 
If the government announces the termination of a subsidy paid for an irreversible investment under uncertainty, investors might decide to realize their investment so as to obtain the subsidy. These investors might have postponed an investment if future payment were assured. Depending on the degree of uncertainty and the time preference, the termination of the subsidy might cost the government more in toto than granting the subsidy on a continuing basis. A better strategy would be to reduce the subsidy in parts rather than to terminate the subsidy in its entirety.
Schlagwörter: 
Irreversibility
Investment
Announcement effect
Subsidy
Tax
JEL: 
H3
D11
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
2.84 MB





Publikationen in EconStor sind urheberrechtlich geschützt.