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Total factor productivity and the Mongolian transition

Chessa, Antonio G.; Schouwstra, Marije C. - 2005

Persistent link: https://www.econbiz.de/10003155611

Total factor productivity and the Mongolian transition

Chessa, Antonio G.; Schouwstra, Marije C. - 2005

economy in those countries. In the case of Mongolia, not only non-viable enterprises closed down, but many possibly viable … into the development of TFP in Mongolia. Simulations are performed to see what happens with TFP if not the le! ast … Productivity of Mongolia was tested not only for errors in all estimated values but also for measurement errors in the data. It was …

Persistent link: https://www.econbiz.de/10011346474

Mining matters : natural resource extraction and local business constraints

Haas, Ralph de; Poelhekke, Steven - 2016

We estimate the impact of local mining activity on the business constraints experienced by 22,150 firms across eight resource-rich countries. We find that with the presence of active mines, the business environment in the immediate vicinity (20 km) of a firm deteriorates but business constraints...

Persistent link: https://www.econbiz.de/10011563057

Are education subsidies an efficient redistributive device?

Dur, Robert A. J.; Teulings, Coen N. - 2003

We argue that promoting education may be a means to reduceincome inequality. When workers of different skill levels areimperfect substitutes in production, an increase in the level ofhuman capital in the economy reduces the return to education.Hence, a given compression of after-tax incomes can...

Persistent link: https://www.econbiz.de/10011333262

Capital market failure, adverse selection and equity financing of higher education

Jacobs, Bas; Wijnbergen, Sweder van - 2005

We apply theories of capital market failure to ana1yzeoptima1 financing of risky higher education. In the market solution,students can only finance their education through debt. There isunderinvestment in human capita1, because some students with socia1lyprofitable investments in human capita1...

Persistent link: https://www.econbiz.de/10011343276

Redistribution and education subsidies are siamese twins

Bovenberg, Ary Lans; Jacobs, Bas - 2003

We develop models of optimal linear and non-linear income taxation with endogenous human capital formation to explore optimal education subsidies. Optimal subsidies on education ensure efficiency in human capital accumulation and thus play an important role in alleviating the tax distortions on...

Persistent link: https://www.econbiz.de/10011343324

Efficient progressive taxes and education subsidies

Ewijk, Casper van; Tang, Paul J. G. - 2001

Progressive income taxes moderate wage demands by trade unions and thereby reduce unemployment, but alsothey reduce incentives to acquire skills and lower productivity of workers. The optimal response of the governmentto this dilemma is to choose a system of progressive taxes and to (partly)...

Persistent link: https://www.econbiz.de/10011313934

Education and efficient redistribution

Dur, Robert A. J.; Teulings, Coen N. - 2003 - This version: June 2003

Should education be subsidized for the purpose of redistribution? The usual argument against subsidies to education above the primary level is that the rich take up most education, so a subsidy would increase inequality. We show that there is a counteracting effect: an increase in the stock of...

Persistent link: https://www.econbiz.de/10011317437

Optimal taxation of human capital and credit constraints

Jacobs, Bas - 2002

We study optimal linear income taxation in a model with heterogeneous agents where earnings potentials are endogenously determined through human capital accumulation. Agents differ in initial conditions and ability to learn. Capital market imperfections prevent poor agents to invest optimally in...

Persistent link: https://www.econbiz.de/10011326966

Redistribution and education subsidies are Siamese twins

Bovenberg, Ary Lans; Jacobs, Bas - 2005

Persistent link: https://www.econbiz.de/10002768354