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Pedro Garcia-del-Barrio
Universitat Internacional de Catalunya
Vol. 1 No. 2 (2012), Articles, pages 163-179
Submitted: Sep 24, 2018 Published: Dec 31, 2012
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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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