Definition: Subsidies on production

Category: Purchasing power parities

Subsidies on goods and services produced as outputs by resident enterprises that become payable as a result of the production of these goods or services - that is, subsidies payable per unit of good or service produced - plus subsidies that resident enterprises may receive as a consequence of engaging in production - for example, subsidies to reduce pollution or to increase employment. The former are called "subsidies on products". The latter are called "other subsidies on production". http://ec.europa.eu/eurostat/product?code=KS-RA-12-023&mode=view