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Using a natural experiment from Germany, we show that temporary place-based subsidies generate persistent effects on economic density. We identify employment and capital formation as main channels for higher income per square kilometer. As the spatial regression discontinuity design allows us to...
Persistent link: https://www.econbiz.de/10013021421
We borrow standard assumptions from the non-renewable-resource-taxation and from the directed-technical-change literatures, to take a full account of the incentives to perform R&D activities in a dirty-resource sector and in a clean-resource-substitute sector. We show that a gradual rise in the...
Persistent link: https://www.econbiz.de/10013063394
This paper develops sufficient conditions under which the Weak Green Paradox may (and may not) hold in terms of subsidies for biofuel production such that the supply-side responses by fossil fuel producers may more than offset the substitution to biofuels. Analytical results are derived and...
Persistent link: https://www.econbiz.de/10013316243
start-up subsidy for unemployed individuals in Germany using propensity score matching under the CIA. Having access to rich …
Persistent link: https://www.econbiz.de/10012997304
Finnish payroll tax subsidy scheme, which is targeted at the employers of older, full-time, low-wage workers. The system …'s clear eligibility criteria open up an opportunity for a reliable estimation of the causal impacts of the subsidy, using a … difference-in-difference-in-differences approach. Our results indicate that the subsidy system had no effects on the employment …
Persistent link: https://www.econbiz.de/10013143569
framework that emphasizes commitment. We build a model where the policy-maker has a tariff and a production subsidy at its …
Persistent link: https://www.econbiz.de/10013100012
in both years). Undercharging for global warming accounts for 22 percent of the subsidy in 2013, air pollution 46 percent …
Persistent link: https://www.econbiz.de/10012994355
We use a new dataset on non-resource GDP to examine the performance of commodity-exporting countries in terms of macroeconomic stability and economic growth in a panel of up to 129 countries during the period 1970-2007. Our main findings are threefold. First, we find that overall government...
Persistent link: https://www.econbiz.de/10013117356
We compare the economic consequences of several types of oil shocks across a set of industrialized countries that are structurally very diverse with respect to the role of oil and other forms of energy in their economy. We find considerably different effects across countries, which crucially...
Persistent link: https://www.econbiz.de/10013068762
policy if the world economy is dynamically efficient. From the perspective of a net foreign debtor country that has withdrawn … international policy coordination unless the world economy becomes dynamically inefficient …
Persistent link: https://www.econbiz.de/10013070789