Are government subsidies and investment grants to enterprises higher in Belgium?

S. Van Parys, W. Melyn, P. Stinglhamber, H. Godefroid and Th. Roelandt
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S. Van Parys: National Bank of Belgium
W. Melyn: National Bank of Belgium
P. Stinglhamber: National Bank of Belgium
H. Godefroid: National Bank of Belgium
Th. Roelandt: National Bank of Belgium

Economic Review, 2025, 1-40

Abstract: Government expenditure on subsidies and investment grants to enterprises is relatively high in Belgium, partly to compensate for the high tax burden on labour income. This article provides an overview of what, precisely, this spending includes and calls for it to be critically assessed.

Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:nbb:ecrart:y:2025:m:october

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