Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/197713 
Erscheinungsjahr: 
2018
Schriftenreihe/Nr.: 
ISER Discussion Paper No. 1041
Verlag: 
Osaka University, Institute of Social and Economic Research (ISER), Osaka
Zusammenfassung: 
When a government considers a subsidy for an underdeveloped region, it has several options: the subsidies can be for land, wages, employment, or production. While land subsidy is a lump-sum transfer, the others are meant to promote local production or worker immigration. Under full employment, replacing the lump-sum subsidy with the other subsidies benefit (harm) the recipient region if it specializes in labor-intensive (land-intensive) activities. If unemployment prevails in both the recipient and non-recipient regions, production and employment subsidies benefit, but a wage subsidy harms, the recipient region. We also analyze asymmetric cases where one region attains full employment while the other region remains underemployed.
Schlagwörter: 
transfer
subsidies
unemployment
wage rigidity
JEL: 
F22
H71
R51
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
2.46 MB





Publikationen in EconStor sind urheberrechtlich geschützt.