External economies of scale, government purchasing commitment and welfare improvements in the vaccines industry
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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| Format: | Article |
| Language: | English |
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University of A Coruna
2012-12-01
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| Series: | European Journal of Government and Economics |
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| Online Access: | http://www.ejge.org/index.php/ejge/article/view/15 |