This note presents annual figures for gross expenditure on U.K. central government assistance to industry over the period 1960-90. This is part of on-going research on the determinants and effects of U.K. industrial assistance. All figures are at current prices and a breakdown is provided...

This paper analyzes the observed phenomenon of public for private fund substitution in industrial assistance by examing the public and private sector funding of investment under different assumptions about the nature of the private capital market. This bears on the effectiveness of industrial...