Showing 1 - 10 of 55
This paper analyzes nature protection by a social planner under different "utilitarian" social welfare functions. For that purpose we construct an integrated model of the economy and the ecosystem with explicit consideration of nonhuman species and with competition between human and nonhuman...
Persistent link: https://www.econbiz.de/10011450547
Culture has attributes of a global public good that needs to be preserved for mankind as a whole. World Culture Certificates are proposed to efficiently preserve World Heritage. The community of nations has to agree on the Global Heritage List and how much each nation is to contribute to that...
Persistent link: https://www.econbiz.de/10003872401
This paper uses panel data on over 200 regions of Europe to study the spatial distribution of UNESCO sites and the capacity of regional governments to conserve heritage, using new designations in the World Heritage List as a proxy. We test whether the location of a region matters by controlling...
Persistent link: https://www.econbiz.de/10012001843
This paper studies the impact of UNESCO World Heritage List (WHL) inscription on income and property values in the Italian municipalities that had their sites inscribed during the past two decades. To address the selection bias and identify the causal impact of inscription, we focus on sites...
Persistent link: https://www.econbiz.de/10013555722
Persistent link: https://www.econbiz.de/10003498806
This paper studies the aggregate and distributional implications of introducing user fees for publicly provided excludable public goods into a model with consumption and income taxes. The setup is a neoclassical growth model where agents differ in earnings and second-best policy is chosen by a...
Persistent link: https://www.econbiz.de/10009571131
This paper provides a positive analysis of public provision of excludable public goods financed by uniform taxes or fees. Individuals differing in preferences decide using majority-rule the provision level and financing instrument. The median preference individual is the decisive voter in a tax...
Persistent link: https://www.econbiz.de/10011399681
structure in decentralized government in Norway. The choice of revenue instruments studied involves user charges and property … taxes oriented towards housing. While user charges act as head taxes, property taxes have distributive consequences. The … implies a shift in the tax burden from property taxes to user charges. …
Persistent link: https://www.econbiz.de/10011399685
A fundamental issues in designing any fiscal regime for non-renewable resources is the balance between rent taxes and royalties. This paper reviews the core issues that arise, in terms of both efficient rent extraction and correcting various market failures. Issues of asymmetric information, for...
Persistent link: https://www.econbiz.de/10010229870
This paper provides theory and evidence on airline bag fees, offering insights into a real-world case of product unbundling. The theory predicts that an airlineś fares should fall when it introduces a bag fee, but that the full trip price (the bag fee plus the new fare) could either rise or...
Persistent link: https://www.econbiz.de/10009793154