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We use data from a sample of day care centers to estimate the relationships between cost and the quality of the child … development. Taking the estimated cost-quality and revenue-quality relationships as given, we then estimate the objective … functions of the firms and compute the supply function for quality. The results indicate that (1) the estimated cost function is …
Persistent link: https://www.econbiz.de/10012471564
We survey 861 finance academics, professionals, and public sector regulators and policy economists about climate finance topics. They identify regulatory risk as the top climate risk to businesses and investors over the next five years, but they view physical risks as the top risk over the next...
Persistent link: https://www.econbiz.de/10012616584
spatially-varied reduction in the cost of communicating across locations. We study the impact of this reform on the production …
Persistent link: https://www.econbiz.de/10013210104
This paper derives the dependency of optimal tariff and inflation tax on tax collection and enforcement costs. The analysis is done for a small, open economy. The existence of such costs can justify tariff and inflation tax policies as optimal revenue-raising devices. This paper suggests that...
Persistent link: https://www.econbiz.de/10012477367
considerations of opportunity cost. Remarks about rights to life, liberty, health, justice and the like are readily inserted into …
Persistent link: https://www.econbiz.de/10012479113