External economies of scale, government purchasing commitment and welfare improvements in the vaccines industry

Some industries exhibit external economies of scale. In these cases,the introduction of self-financing tax subsidy programmes canimprove social welfare. This paper advocates intervention incompetitive markets if economies of scale existand implementing the policy is inexpensive.

MoreLess

Year of publication:	2012-12
Authors:	Garcia-del-Barrio, Pedro
Published in:	European Journal of Government and Economics. - Europa Grande, ISSN 2254-7088. - Vol. 1.2012, 2, p. 163-179
Publisher:	Europa Grande
Subject:	external economies of scale \| social welfare \| tax-subsidy \| income transfer \| government intervention

More details

Extent:	application/pdf
Type of publication:	Article
Classification:	D31 - Personal Income, Wealth and Their Distributions ; D64 - Altruism ; H2 - Taxation, Subsidies, and Revenue ; L13 - Oligopoly and Other Imperfect Markets
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010601696