Showing 1 - 10 of 142
In countries, such as Singapore, that have implemented vehicle congestion policies, recent years have seen a shift towards motor vehicle taxes based on car use. Ownership taxes reduce the number of cars on the road, leaving the price per trip largely unaffected. Use taxes such as fuel taxes and...
Persistent link: https://www.econbiz.de/10013247191
The presence of a heavy truck on the road can impose an externality if accidents occur that would not have otherwise. We find each additional truck on the road increases the risk of a truck accident—but also, at an even higher rate, the risk of a car-on-car collision. Our estimates imply two...
Persistent link: https://www.econbiz.de/10012948074
This paper contributes to the understanding of how to maximize the impact of publicly provided climate finance to leverage the private sector. Agencies seeking to promote private investment in support of climate change mitigation and adaptation may have a choice between subsidizing projects or...
Persistent link: https://www.econbiz.de/10012965952
optimal subsidy schedule that features heterogeneity in consumer preferences and inertia, and firms with heterogeneous costs … that can set prices and product characteristics in response to changes in the subsidy. We apply it to the Medicare …
Persistent link: https://www.econbiz.de/10012891321
A number of market failures have been associated with R&D investments and significant amounts of public money have been spent on programs to stimulate innovative activities. In this paper, we review some recent microeconomic studies evaluating effects of government sponsored commercial R&D. We...
Persistent link: https://www.econbiz.de/10013221941
market structures ranging from competition to monopoly, the marginal externality and optimal subsidy are non-monotonic in … against an emerging epidemic. While the nonmonotonic pattern of the optimal subsidy persists, new findings emerge. Universal …
Persistent link: https://www.econbiz.de/10013221965
In the United States, local government expenditures are heavily subsidized through a variety of sources. This paper explores theoretically and then simulates empirically the effects of eliminating either of two federal subsidies encouraging local government expenditures: (1) income tax...
Persistent link: https://www.econbiz.de/10013223591
We analyze the efficient subsidy for durable good technologies. We theoretically demonstrate that a policymaker faces a … tension between intertemporally price discriminating by designing a subsidy that increases over time and taking advantage of … future technological progress by designing a subsidy that decreases over time. Using dynamic estimates of household …
Persistent link: https://www.econbiz.de/10013224980
combination of a presumptive tax and an environmental subsidy. A presumptive tax is a tax that is imposed under the presumption … that all production uses a dirty technology or all consumption goods become waste. The environmental subsidy is then … usefulness of the tax-subsidy combination, we review conceptual considerations regarding its implementation and practical …
Persistent link: https://www.econbiz.de/10013227504
three domestic policies considered: a tariff or subsidy on imports of both products and a domestic production subsidy. The … the production of the input can critically affect the desirability of a tax as apposed to a subsidy on intermediate …
Persistent link: https://www.econbiz.de/10013234946