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Does Government Spending Efficiency Improve Fiscal Sustainability?
Afonso, António; Alves, José - 2022
We evaluate the impact of government spending efficiency on fiscal sustainability for a panel of 35 OECD countries … revenues to changes in government spending. Next, we make use of so-called government spending efficiency scores, which … the input efficiency scores obtained, countries’ fiscal balance and fiscal sustainability is directly improved by the use …
Persistent link: https://www.econbiz.de/10013289691
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Efficient Taxation of Fuel and Road Use
Bjertnæs, Geir H. - 2020
This study calculates efficient taxes on gasoline and road use designed to combat driving related externalities when motorists avoid taxes due to an excessive economic driving-style. The efficient tax on gasoline is reduced below the Pigouvian rate due to such avoidance. The current US tax rate...
Persistent link: https://www.econbiz.de/10012844204
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Non-Competitive Wage-Setting as a Cause of Unfriendly and Inefficient Leadership
Dur, Robert - 2019
This paper develops a simple economic model to examine how leadership styles in organizations depend on the prevailing wage-setting conditions for workers. In particular, we examine a leader who can - in addition to the use of monetary incentives - motivate a worker by adopting leadership styles...
Persistent link: https://www.econbiz.de/10012861392
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Economic Geography and the Efficiency of Environmental Regulation
Hollingsworth, Alex; Jaworski, Taylor; Kitchens, Carl; … - 2022
We develop a spatial equilibrium model to evaluate the efficiency and distributional impacts of the leading air quality …
Persistent link: https://www.econbiz.de/10013293305
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Inefficiency in Social Security Trust Funds Forecasts
Lahiri, Kajal; Zhang, Junyan; Zhao, Yongchen - 2021
We examine forecast accuracy and efficiency of the Social Security Administration’s projections for cost rate, trust …
Persistent link: https://www.econbiz.de/10013313449
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Efficiency and Equity : A General Equilibrium Analysis of Rent-Seeking
Heijdra, Ben J.; Heijnen, Pim - 2021
inequity). This tradeoff between efficiency and equity is the primary focus of this paper. We investigate how the distribution …
Persistent link: https://www.econbiz.de/10013322787
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Efficient Level of Seps Licensing
Langus, Gregor; Lipatov, Vilen - 2022
We study the question whether a holder of standard essential patents (SEPs) should be allowed to choose the level in the value chain at which to offer a FRAND license to its SEPs. We give a pos-itive answer to this question for two reasons. First, the SEP holder and the social planner tend to...
Persistent link: https://www.econbiz.de/10013300871
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Characterizing Sustainability in Discrete Time
Asheim, Geir B. - 2018
We examine the investment rule that must be satisfied by an efficient and egalitarian path in a discrete-time version of the Dasgupta-Heal-Solow model of capital accumulation and resource depletion. In the discrete-time model, competitive valuation of net investments in terms of early and late...
Persistent link: https://www.econbiz.de/10012908689
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Growth and Long-Run Sustainability
Cairns, Robert D. - 2019
From any state of economic and environmental assets, the maximin value defines the highest level of utility that can be sustained forever. Along any development path, the maximin value evolves over time according to investment decisions. If the current level of utility is lower than this value,...
Persistent link: https://www.econbiz.de/10012861429
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Comprehensive National Accounting for Carbon Emissions
Asheim, Geir B.; Yamaguchi, Rintaro - 2023
We consider the question of how to integrate carbon emissions in comprehensive national accounts for the purpose of indicating whether countries’ development is sustainable. We derive an expression for national saving which includes not only the national effect of current global emissions, but...
Persistent link: https://www.econbiz.de/10014346316