External economies of scale, government purchasing commitment and welfare improvements in the vaccines industry

• Autores: Pedro García del Barrio
• Localización: European Journal of Government and Economics, ISSN-e 2254-7088, Vol. 1, No. 2, 2012, págs. 163-179
• Idioma: inglés
• DOI: 10.17979/ejge.2012.1.2.4283
• Enlaces
  • Texto completo
• Resumen

  • 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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