This paper analyze the economic impact of subsidy on industry, particularly the investor decision to invest on certain … General Equilibrium Model for Indonesia, we simulate and analyze several subsidy financing scheme in West Java. The result … shows that the subsidy on Textile using non tax financing will increase the competitiveness of this sector, on the cost of …

This study examines whether systemically important banks realise an implicit subsidy when raising wholesale debt … funding and evaluates the effectiveness of the Basel III capital reforms in reducing the subsidy. Our estimations suggest that …, before the reforms, systemically important banks realise a subsidy of around 27-32 basis points when they raise senior …