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.

Bibliographic Details
Main Author: Pedro Garcia-del-Barrio
Format: Article
Language:English
Published: University of A Coruna 2012-12-01
Series:European Journal of Government and Economics
Subjects:
Online Access:http://www.ejge.org/index.php/ejge/article/view/15
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author Pedro Garcia-del-Barrio
author_facet Pedro Garcia-del-Barrio
author_sort Pedro Garcia-del-Barrio
collection DOAJ
description 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.
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spelling doaj.art-2b2899fd099a4bc29a2c767f293c10082022-12-21T18:59:07ZengUniversity of A CorunaEuropean Journal of Government and Economics2254-70882012-12-011216317910External economies of scale, government purchasing commitment and welfare improvements in the vaccines industryPedro Garcia-del-Barrio0Universitat Internacional de CatalunyaSome 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.http://www.ejge.org/index.php/ejge/article/view/15external economies of scalesocial welfaretax-subsidyincome transfergovernment intervention
spellingShingle Pedro Garcia-del-Barrio
External economies of scale, government purchasing commitment and welfare improvements in the vaccines industry
European Journal of Government and Economics
external economies of scale
social welfare
tax-subsidy
income transfer
government intervention
title External economies of scale, government purchasing commitment and welfare improvements in the vaccines industry
title_full External economies of scale, government purchasing commitment and welfare improvements in the vaccines industry
title_fullStr External economies of scale, government purchasing commitment and welfare improvements in the vaccines industry
title_full_unstemmed External economies of scale, government purchasing commitment and welfare improvements in the vaccines industry
title_short External economies of scale, government purchasing commitment and welfare improvements in the vaccines industry
title_sort external economies of scale government purchasing commitment and welfare improvements in the vaccines industry
topic external economies of scale
social welfare
tax-subsidy
income transfer
government intervention
url http://www.ejge.org/index.php/ejge/article/view/15
work_keys_str_mv AT pedrogarciadelbarrio externaleconomiesofscalegovernmentpurchasingcommitmentandwelfareimprovementsinthevaccinesindustry