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contributions. One is to provide a deeper understanding of the relationship between political institutions and economic efficiency …
Persistent link: https://www.econbiz.de/10011721779
efficiency change and technical change. The data we use is from Sweden and for their pulp and paper industry, which is heavily …
Persistent link: https://www.econbiz.de/10011906240
This paper characterizes long-run and short-run optimal fiscal policy in the labor selection framework. In a calibrated non-Ramsey decentralized equilibrium, labor market volatility is inefficient. Keeping fixed the structural parameters, the Ramsey government achieves efficient labor market...
Persistent link: https://www.econbiz.de/10011864654
, we address both efficiency and distribution issues. The focus is on the effects of user prices on individual incentives … and choices. We identify circumstances under which a market system of user prices not only enhances aggregate efficiency …
Persistent link: https://www.econbiz.de/10012319430
We develop a model of property taxation and characterize equilibria under three alternative taxation regimes often used in the public finance literature: decentralized taxation, centralized taxation, and "rent seeking" regimes. We show that decentralized taxation results in inefficiently high...
Persistent link: https://www.econbiz.de/10013411718
(e.g., related to an individual's altruism, fairness perceptions, concerns for efficiency, and political views). By …
Persistent link: https://www.econbiz.de/10014444043
Persistent link: https://www.econbiz.de/10003635240
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/10003857130
The Democratic Republic of Congo (DRC) is one of the poorest countries in the World. The construction sector will play an essential part to bring the country on the path of economic growth, and competition within the sector is crucial to achieve this goal. In this paper we analyze the effect of...
Persistent link: https://www.econbiz.de/10009689522
We investigate the impacts of electricity market restructuring on fuel efficiency, utilization and, new to this area … without. Our analysis finds that restructuring led to: (1) a two percent improvement in fuel efficiency for IOs, (2) a ten ….6 percent emissions reduction per plant. -- restructuring ; efficiency ; cost ; utilization ; emissions …
Persistent link: https://www.econbiz.de/10009722411