Share This Article:

Economic Definition of government subsidies less current surplus of government enterprises. Defined.

Offline Version: PDF

Term government subsidies less current surplus of government enterprises Definition: The difference between transfer payments from the government sector to the business sector and "profit" received by government-operated "firms." This composite item is one of several differences between national income (the resource cost of production) and gross (and net) domestic product (the market value of production) in the National Income and Product Accounts maintained by the Bureau of Economic Analysis. This item tends to be relatively small, invariably less than 1 percent of gross domestic product.

 

« government subsidies | graduated tax »

Permalink: http://glossary.econguru.com/economic-term/government+subsidies+less+current+surplus+of+government+enterprises

Alphabetical Reference to Over 2,000 Economic Terms