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This paper shows the differences between how benefits are estimated and how they are distributed, calls attention to the policy variables that are crucial in explaining certain distributional outcomes, explores the importance of looking at the demand for characteristics when trying to benefit...
Persistent link: https://www.econbiz.de/10005125909
In the Weighted Average Cost of Capital (WACC) applied to the free cash flow (FCF), we assume that the cost of debt is the market, unsubsidized rate. With debt at the market rate and perfect capital markets, debt only creates value in the presence of taxes through the tax shield. In some cases,...
Persistent link: https://www.econbiz.de/10005134868
This paper reviews two common definitions of poverty targeted projects, discusses the limitations of poverty targeting classifications, calls for a poverty focused cost-benefit analysis that looks at the main policy constraints affecting the distribution of project benefits, and argues for...
Persistent link: https://www.econbiz.de/10005561008
Persistent link: https://www.econbiz.de/10005125982
in education, (ii) the production level depends on the education level, and (iii) the pollution ia directly prportional …
Persistent link: https://www.econbiz.de/10005408298
There are significant differences in the way water rights are defined, allocated and administered in Australia and overseas. This paper includes comparisons of the arrangements for managing water rights against accepted best practice principles for South Au stralia, Queensland, NSW, Victoria...
Persistent link: https://www.econbiz.de/10005556157
. At the same time, pollution from factories appears quite harmful to infants. The overall effect was slightly higher …
Persistent link: https://www.econbiz.de/10005118693
the informal manufacturing sector creates pollution, higher the use of informal sector product, higher is the pollution … created and higher the discrepancy between actual and permissible levels of pollution, so that the emission tax payable by the … formal sector is also higher. The efficiency of a representative worker is inversely related to the level of pollution. In …
Persistent link: https://www.econbiz.de/10005118943
We analyze the role of state-ownership in the banking sector from the perspective of competition. Considering both the … charge and/or offer relatively customer friendly interest rates? And (iii) is competition intensified by the conduct and …
Persistent link: https://www.econbiz.de/10005076864
applications were perceived as an important force to modify competition in bank markets. …
Persistent link: https://www.econbiz.de/10005076872