The political market for government assistance to australian manufacturing industries

Kym Anderson

doi:10.1142/9789813274754_0020

The political market for government assistance to australian manufacturing industries

Kym Anderson^*

^*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

1 Citation (Scopus)

Abstract

This paper applies the emerging neoclassical economic theory of politics to the question of why some industries receive more government assistance than others. Various determinants of the incentives for interest groups to demand assistance and for governments to supply assistance are suggested on a priori grounds. An attempt is then made to see how well these factors can explain (1) the differences between rates of assistance to Australia’s manufacturing industries at various points in time between 1968-69 and 1977-78, and (2) the different changes in those rates during the mid-1970s. The evidence generally supports the theory, and prompts some suggestions as to how to reduce existing government distortions.

Original language	English
Title of host publication	World Scientific Reference on Asia-Pacific Trade Policies
Editors	Kym Anderson
Publisher	World Scientific Publishing Co.
Pages	545-567
Number of pages	23
Volume	2
ISBN (Print)	978-981-327-470-9
DOIs	https://doi.org/10.1142/9789813274754_0020
Publication status	Published - 1 Jan 2019
Externally published	Yes

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The political market for government assistance to australian manufacturing industries

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