Reconciliation Barometer 2003-2011

South Africa, 2003 - 2011

Reference ID

ZAF_2003-2011_SARB_v01_M

Producer(s)

Institute for Justice and Reconciliation

Metadata

DDI/XML JSON

Created on

Apr 25, 2019

Last modified

Apr 25, 2019

Page views

112

CSV JSON

Total Subsidies (G_Itm7)

Data file: G-OTHER OUTPUTS RECEIPTS

Overview

Valid: 37572

Invalid: 0

Minimum: -2944791310

Maximum: 19316119580

Mean: 33229252.912

Standard deviation: 290397983.468

Type: Continuous

Decimal: 0

Range: -

Format:

Questions and instructions

Literal question

Total subsidies receipts (in Rs.)

Description

Definition

A subsidy is a form of financial assistance paid to a business or economic sector. Most subsidies are made by the government to producers or distributors in an industry to prevent the decline of that industry (e.g., as a result of continuous unprofitable operations) or an increase in the prices of its products or simply to encourage it to hire more labour (as in the case of a wage subsidy). Examples are subsidies to encourage the sale of exports; subsidies on some foodstuffs to keep down the cost of living, especially in urban areas; and subsidies to encourage the expansion of farm production and achieve self-reliance in food production. Subsidies given for both input and output items should be taken in this item collectively.