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This supplement presents country case studies reviewing energy subsidy reform experiences, which are the basis for the … in Central and Eastern Europe and the CIS. The case studies are organized by energy product, with 14 studies of the … description of the reforms; discussion of the impact of the reform on energy prices or subsidies and its success or failure …
Persistent link: https://www.econbiz.de/10014410521
This paper analyzes reasons for the high post-war correlations of saving and investment, both across countries and over …
Persistent link: https://www.econbiz.de/10014396226
This paper develops a model of an open economy which employs distortionary taxes to finance public consumption, and with an access to the world capital market. The paper examines the efficiency of quantity restrictions on capital exports and the accompanying set of taxes. A distinction is made...
Persistent link: https://www.econbiz.de/10014395795
results from the requirement that non-traded inputs are used in the investment process. In the short-run, though, the effects …
Persistent link: https://www.econbiz.de/10014396304
In the 1980s, U.S. real investment in high technology equipment has grown rapidly while other components of business … fixed investment have been weak. The surge in real high technology investment has been accompanied by a very sharp decline … investment was extended to cover the period through 1988, the equation for nonresidential structures performed much as before …
Persistent link: https://www.econbiz.de/10014396096
This paper examines the behavior of business fixed investment in the United States in the 1980s. A background … discussion of the long-term behavior of the components of business fixed investment is provided, setting the context for the … empirical analysis. A standard neoclassical model of business fixed investment is specified and estimated, with output and the …
Persistent link: https://www.econbiz.de/10014396320
"This volume provides the most comprehensive estimates of worldwide energy subsidies currently available, drawing on … "how to do" energy subsidy reform, drawing on insights from 22 country case studies and analyses carried out by other …
Persistent link: https://www.econbiz.de/10010244221
fiscal imbalances, crowd-out priority public spending, and depress private investment, including in the energy sector …-intensive industries, reducing incentives for investment in renewable energy, and accelerating the depletion of natural resources. Most …Energy subsidies have wide-ranging economic consequences. While aimed at protecting consumers, subsidies aggravate …
Persistent link: https://www.econbiz.de/10014410519
Enhancing public and private investment, but also ensuring that this translates into higher growth and employment, have … long been key policy challenges in Arab countries. Reflecting an improvement in policies and global conditions, investment … differences across the region-investment has on average been somewhat weaker than in peer countries and less effective at …
Persistent link: https://www.econbiz.de/10014408616
In this paper, we first introduce investment-specific technology (IST) shocks to an otherwise standard international … the relative price of investment to build and estimate these IST processes across the U.S and a ""rest of the world …
Persistent link: https://www.econbiz.de/10014397271