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In many spatial resource models it is assumed that the agent is able to determine the harvesting activity over the complete spatial domain. However, agents frequently have only access to a resource at particular locations at which the moving biomass, such as fish or game, may be caught or...
Persistent link: https://www.econbiz.de/10012981350
In standard models of spatial harvesting, the resource is distributed over the complete domain and the agent is able to control the harvesting activity everywhere all the time. In some cases though, it is more realistic to assume that the resource is located at a single point in space and that...
Persistent link: https://www.econbiz.de/10012930805
fiscal sustainability, for 27 countries of the European Union. We first calculate tax gaps à la Blanchard (1990) and …
Persistent link: https://www.econbiz.de/10013098648
We use a 3-step analysis to assess the sustainability of public finances in the EU27. Firstly, we perform the SURADF … and revenues via SUR analysis. While results imply that public finances were not unsustainable for the EU panel, fiscal … sustainability is an issue in most countries, with a below unit estimated coefficient of expenditure in the cointegration relation …
Persistent link: https://www.econbiz.de/10012770443
We study the co-existence of two community-based institutions for fisheries management in Benin: a traditional institution embedded in the Voodoo religion and a recent secular institution in the form of fishing committees. Using household survey data on fishing activities, we find that rules of...
Persistent link: https://www.econbiz.de/10013025965
Fiscal sustainability tests have largely ignored the institutional setting of fiscal policy making. Fiscal equalization … policies taking into account fiscal equalization transfers. Using panel data techniques we assess fiscal sustainability by …
Persistent link: https://www.econbiz.de/10013100010
In last few decades, Asian production networks have contributed significantly toward the rapid trade expansion and economic growth in East Asia. Developed Asia produces technology-intensive intermediate goods and capital goods and ships them to the People Republic of China (PRC) and ASEAN for...
Persistent link: https://www.econbiz.de/10013101411
revolution and the sustainability of empire come to depend on the capacity of the rebel colony to access international markets …
Persistent link: https://www.econbiz.de/10013104259
debt crisis has prompted a fundamental re‐evaluation of public debt sustainability and the looming threat of sovereign debt …'s peacetime debt‐to‐GDP (Gross Domestic Product) ratio has never been higher. In this paper, we analyse the sustainability of … anecdotal his‐torical analysis, we conduct formal tests on fiscal sustainability, including tests on stationarity and …
Persistent link: https://www.econbiz.de/10013085753
We extend previous work on the sustainability of the government's intertemporal budget constraint by allowing for non …
Persistent link: https://www.econbiz.de/10013065030