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simultaneously accounts for the real network infrastructure, a distance cost (fuel, repair, tolls), and a time opportunity cost …
Persistent link: https://www.econbiz.de/10005791775
This Paper compares the observed distribution of the stock of infrastructures across the Spanish regions with the optimal allocation derived from a planning problem in which the observed degree of ex-post redistribution is taken as given. The results suggest that Spanish public investment policy...
Persistent link: https://www.econbiz.de/10005792256
The paper analyses governments’ trade-off between fiscal benefits and consumer surplus in privatization reforms of noncompetitive industries in developing countries. Under privatization, the control rights are transferred to private interests so that public subsidies decline. This benefit for...
Persistent link: https://www.econbiz.de/10005124293
public deficit, while in the second they are used in cost-reducing public investment in infrastructure. In the latter case …
Persistent link: https://www.econbiz.de/10005497891
and policy environment. We hypothesise that more developed transportation and communication infrastructure and lower … dispersion varies positively with the regional density of highway, railroad and telephone infrastructure, but negatively with …
Persistent link: https://www.econbiz.de/10005504465
income between the two regions. An improvement in infrastructure in the poor region has the exact reverse effect. In this …. Contrary to transfers and traditional regional policies, it is shown that a public policy that reduces the cost of innovation …
Persistent link: https://www.econbiz.de/10005136400
into account the geographical component of intervention in transport infrastructure and innovation. The results of the two …Transport infrastructure has represented one of the cornerstones of development and cohesion strategies in the European … controversial. This paper revisits the question of to what extent transport infrastructure endowment -- proxied by regional …
Persistent link: https://www.econbiz.de/10011084543
This paper studies the effect of top tax rates on inventors' mobility since 1977. We put special emphasis on "superstar" inventors, those with the most and most valuable patents. We use panel data on inventors from the United States and European Patent Offices to track inventors' locations over...
Persistent link: https://www.econbiz.de/10011272707
dirty innovation and production; (ii) optimal policy involves both .carbon taxes. and research subsidies, so that excessive … the switch to clean innovation under laissez-faire when the two inputs are substitutes. Under reasonable parameter values …
Persistent link: https://www.econbiz.de/10009365645
A firm that introduces a new good enjoys monopoly profits for some initial period of time. What happens subsequently depends upon the relative strength of knowledge diffusion and increasing dominance. The first effect enhances challengers’ ability to develop the product, erodes the...
Persistent link: https://www.econbiz.de/10005666741