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In 1997, the Comisión Reguladora de Energía of Mexico implemented a netback rule for linking the Mexican natural gas price to the Texas price. At the time, the Texas price reflected a reasonably competitive market. Since that time, there have been dramatic increases in the demand for natural...
Persistent link: https://www.econbiz.de/10008564679
This paper shows that the welfare dominance of ad valorem over unit taxes under imperfect competition, extends to the …
Persistent link: https://www.econbiz.de/10004963604
also implies that there may exist a positive bilateral tariff that maximizes national and world welfare. Applying one of … that are heterogeneous across firms, we find that the reciprocal reduction of small tariffs reduces welfare. …
Persistent link: https://www.econbiz.de/10004963707
. Our main result is that network effects create a fundamental conflict between the maximization of social welfare and … welfare is highest in the asymmetric equilibrium. We also show that both consumer surplus and social welfare are higher in any …
Persistent link: https://www.econbiz.de/10004963733
outperform unit taxes in terms of welfare for a wide range of imperfect competition settings, including Dixit … industry, less output per firm, less tax revenue, but higher welfare compared to ad valorem taxes. …
Persistent link: https://www.econbiz.de/10005068803
setting the two policy instruments have different welfare effects. For a strong green policy (a severe reduction of the dirty …
Persistent link: https://www.econbiz.de/10005069021
probability of expecting economic recovery. The effect of conflict on general welfare however is less robust. …
Persistent link: https://www.econbiz.de/10008645020
confined to men. In particular, administrative data from public pension systems are less reliable for women because of the … analyze a large data set from the German public pension scheme on women who died between 1994 and 2005, employing both non …-parametric and parametric methods. To overcome the problem mentioned above we concentrate on women with relatively long earnings …
Persistent link: https://www.econbiz.de/10008539929
This paper explores the use of informal credit as a strategy for managing risks by market women in northern Ghana. A …. Based on qualitative data, the analysis reveals that market women invest a considerable amount of time in maintaining … high transaction costs and prevents market women from growing out of poverty in the long term. …
Persistent link: https://www.econbiz.de/10005068759
The aim of this paper is to study the short and long-term fertility effects of mass violent conflict on different population sub-groups. The authors pool three nationally representative demographic and health surveys from before and after the genocide in Rwanda, identifying conflict exposure of...
Persistent link: https://www.econbiz.de/10009216694