| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 10127747 | Economics Letters | 2018 | 5 Pages |
Abstract
I study optimal sectoral policies in models with input-output linkages and distortions. Labor subsidies cannot implement the first best allocation. Intermediate input subsidies, or the right combination(s) between subsidies to labor and intermediates, can optimally correct for network externalities.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Jorge Miranda-Pinto,