Montek S. Ahluwalia
Abstract
I. The equilibrium of a surplus labor economy, 394. — II. The role of commodity taxation, 398. — III. The role of general factor taxation subsidy, 401. — IV. Factor taxation subsidy in one industry, 403. — V. Conclusions, 407.
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I. The equilibrium of a surplus labor economy, 394. — II. The role of commodity taxation, 398. — III. The role of general factor taxation subsidy, 401. — IV. Factor taxation subsidy in one industry, 403. — V. Conclusions, 407.
Key concepts: Subsidy, Commodity, Economics, General equilibrium theory, Labour economics, Microeconomics, Market economy