Subsidise the price of labour, not the price of energy

David Simpson, N. Fraser (Editor)

Research output: Contribution to journalArticle

23 Downloads (Pure)

Abstract

Amongst the items which featured in this year's Budget, announced on 9 March, was a so-called "Industrial Energy Package". This contained proposals for paying subsidies to "larger industrial users" of gas and electricity. Together with similar measures announced in last year's Budget, these arrangements will benefit the firms concerned, (whose identify remains undisclosed) to the extent of £250 million. It is difficult to think of any justification for the payment of these subsidies and this brief economic perspective attempts to question the merits of such a subsidy.
Original languageEnglish
Pages (from-to)36-37
Number of pages2
JournalQuarterly Economic Commentary
Volume7
Issue number4
Publication statusPublished - May 1982
Externally publishedYes

Keywords

  • energy subsidies
  • industrial production costs
  • economic policy

Fingerprint Dive into the research topics of 'Subsidise the price of labour, not the price of energy'. Together they form a unique fingerprint.

  • Cite this

    Simpson, D., & Fraser, N. (Ed.) (1982). Subsidise the price of labour, not the price of energy. Quarterly Economic Commentary, 7(4), 36-37.