State aid and industrial characteristics
- 1 December 1980
- journal article
- research article
- Published by Taylor & Francis in Applied Economics
- Vol. 12 (4) , 413-427
- https://doi.org/10.1080/00036848000000003
Abstract
This paper sheds some empirical light on the relationship between disbursements of aid to British industry and the characteristics of the receiving industries. The technique of canonical correlation is used to test the hypothesis that the provision of government aid to British industry forms a coherent set of industrial policies. The results for 1975/6 support the hypothesis suggesting that aid disbursements bear a systematic relation to those industrial characteristics which reflect the general objectives of government policymakers. However, the pattern of assistance is complex with each of the three identifiable components of aid; building and works, plant and machinery, and research and development, having a significant and separate set of relations with the industrial characteristics.Keywords
This publication has 4 references indexed in Scilit:
- Financial Assistance to British IndustryPublished by Springer Nature ,1976
- On Expectations, Government Policy and the Rate of InvestmentEconomica, 1974
- REGIONAL POLICY AND THE DISTRIBUTION OF INVESTMENTScottish Journal of Political Economy, 1972
- Estimating the Social Benefit of Constructing an Underground Railway in LondonJournal of the Royal Statistical Society. Series A (General), 1963