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What does it cost? The risks of output-based subsidy schemes

Glenn Boyle () and Timothy Irwin ()

No 375504, Competition & Regulation Times from New Zealand Institute for the Study of Competition and Regulation

Abstract: Subsidy schemes, even those linked to output, expose the provider to significant fiscal risks. Successful management of these risks requires that they be identified. It also requires that they be quantified - a technically challenging task. Glenn Boyle and Tim Irwin reflect on some of the issues in doing this.

Date: 2006-03-01
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