Showing 1 - 10 of 386
economies. Theories of optimal taxation conclude that these taxes are detrimental to production efficiency, when firms operate … production units. The present paper investigates the effects of taxation on production efficiency, accounting for the … effect of this "tax induced organizational change" on production efficiency ultimately depends on the characteristics of the …
Persistent link: https://www.econbiz.de/10012984733
In the European Union, energy markets are increasingly being liberalized. A case in point is the European natural gas industry. The general expectation is that more competition will lead to lower prices and higher volumes, and hence higher welfare. This paper indicates that this might not happen...
Persistent link: https://www.econbiz.de/10013316347
We build a two-sector dynamic general equilibrium model with one-sided substitutability between fossil carbon and biocarbon. One shock only, the discovery of the technology to use fossil fuels, leads to a transition from an initial pre-industrial phase to three following phases: a pure fossil...
Persistent link: https://www.econbiz.de/10013315828
The paper presents an adjusted Faustmann Rule for optimal harvest of a forest when there is a social cost of carbon emissions. The theoretical framework takes account of the dynamics and interactions of forests’ multiple carbon pools and assumes an infinite time horizon. Our paper provides a...
Persistent link: https://www.econbiz.de/10013315853
, but have an ambiguous effect on the efficiency of service provision. We test these predictions using a difference in … not subject to the same CPA regime. To do this, we construct original indices of service quality and efficiency, using … efficiency indices. There is evidence of heterogeneous effects of CPA on efficiency, with some evidence that CPA impacted more on …
Persistent link: https://www.econbiz.de/10013124097
The desirability for production efficiency is re-examined in this study, where agents choose occupation based on … lifetime income net of tuition costs. Efficient revenue raising implies that the government should trade off efficiency in … production for efficiency in intertemporal consumption, as capital income is taxed in optimum. The subsequent wage difference …
Persistent link: https://www.econbiz.de/10012783359
The paper performs an efficiency analysis of the lower secondary school sector in Norway. The efficiency potential is … background) as outputs. The analysis of the determinants of efficiency indicates that a high level of municipal revenue, a high … efficiency. The negative effects of the share of socialists and party fragmentation seem to reflect both higher resource use and …
Persistent link: https://www.econbiz.de/10012783363
The aim of this paper is to provide new empirical evidence on the relationship between energy consumption and economic growth for 21 African countries over the period from 1970 to 2006, using recently developed panel cointegration and causality tests. The countries are divided into two groups:...
Persistent link: https://www.econbiz.de/10013067360
We make use of a bootstrap panel analysis of causality between energy use and economic growth for a sample of sixteen African countries over the period 1988-2010. Our results show that growth and energy use are strongly linked in Africa. However, African countries are heterogeneous and there is...
Persistent link: https://www.econbiz.de/10013051383
We estimate the long-run effect of a uniform carbon tax on energy consumption by using a new and unique dataset in which effective tax rates of OECD countries are calculated in terms of carbon dioxide emissions. The effective tax rates account for the widely discussed tax deductions for specific...
Persistent link: https://www.econbiz.de/10012984745