In der Bundesrepublik Deutschland werden weit mehr Subventionen vergeben, als die offizielle Berichterstattung erkennen läßt. Sie haben im Jahr 1985 eine Höhe von rund 120 Mrd. DM erreicht und sich damit in den vergangenen zehn Jahren verdoppelt. Trotz aller Bekenntnisse zum Abbau haben die...

The purpose of this essay is to investigate the possible economic consequences of the recent German steel subsidy program and assess to what extent those consequences conform with the objectives which motivated that program's adoption. The paper is organized as follows: Particular developments...

A number of recent studies have shown that the short term level of economic activity and employment in primary commodity exporting countries is particularly vulnerable to price fluctuations in world commodity markets. The authorities in such countries, in seeking to maintain output and...

In this paper we present a structural policy model of the comparative- static general equilibrium type. Our model for the Federal Republic of Germany closely resembles the Australian ORANI model (Dixon et al., 1982) which in turn has its origin in Johansen's pioneering work for Norway (Johansen,...

First World politicians ascribe an exceptionally high social value to the well-being of domestic farmers, apparently without being penalized by political setbacks. In the European Community (EC) , they fix domestic prices on most agricultural commodities above world market prices, sustain these...