The state regulation of tax policies and subventions — Microeconomic aspects

Abstract

The authors consider microeconomic aspects of the state regulation of tax policies and subventions. The analysis includes the consideration of basic goals of the state intervention as providing budgetary revenues, influences on microeconomic situations, preference or non-preference of some market participant or social groups. The main point of consideration is on the analysis of impacts of instruments of the state intervention on the behavior and position of companies, market functioning and market equilibrium.