Showing 1 - 10 of 163
This paper provides a framework to understand why a country might resort to a policy like an import ban when at risk from infectious disease outbreak overseas. Superior import-competing domestic production technologies, and over-reliance on taxing the public for government revenue, could lead to...
Persistent link: https://www.econbiz.de/10009324129
This paper aims to describe the evolution of the external risk in the United Kingdom between 1961 and 2008. We first present a theoretical description of the risk indicator. Then, we calculate this measure for the British economy in the period of study. In general, the results reveal a very...
Persistent link: https://www.econbiz.de/10008563105
The contribution of trade openness in economic growth has been the subject of several theoretical and empirical studies in the economic literature. This paper analyzes the impact of trade openness on economic growth in the case of Tunisia using OLS method over the period 1975-2009. The results...
Persistent link: https://www.econbiz.de/10010630020
The purpose of this study is to present a robust estimation of trade openness in four South East Asian countries—Indonesia, Malaysia, the Philippines, and Thailand—before and after the Asian financial crisis, using time series analysis. We use the co-integration technique with a...
Persistent link: https://www.econbiz.de/10011278637
If "tax progression is good for employment in popular models of trade union behaviour" (Koskela and Vilmunen, 1996), then a flat-rate premium, as proposed as a means of funding for public health care, is bad. This note shows that replacing existing (proportional) social security contributions by...
Persistent link: https://www.econbiz.de/10005416867
White (1996), Poyago-Theotoky (2001) and Myles (2002) prove that in the mixed oligopoly the optimal subsidy, equilibrium output level, all firms' profits and social welfare are identical irrespective of whether the public firm maximizes welfare or profit and moves simultaneously with private...
Persistent link: https://www.econbiz.de/10005416875
Firms compete in model of horizontal differentiation a la Hotelling. They use two-part tariffs but the market is such that, in equilibrium, it is not fully covered (firms are then local monopolies). The question we adressed in this paper is to determine what kind of subsidies are the best...
Persistent link: https://www.econbiz.de/10005416925
In an example with monopoly final and intermediate goods firms and substitutable primary and intermediate inputs, it is shown that there exist turnover taxes that yield more revenue than any feasible value-added tax. Second, simultaneously higher welfare, revenue and output are possible with the...
Persistent link: https://www.econbiz.de/10005417009
This paper investigates the causes of municipalities secession in Brazil. We develop a model where the median voter decides on the creation of new municipalities observing the trade-off between loss of scale on public production and increase in federal transfers to his/her municipality. Voters...
Persistent link: https://www.econbiz.de/10011199636
We show that the international distribution of ownership of the incumbent firms within a host region matters for the efficiency of the fiscal competition between the region's constituent countries for a new FDI project. If incumbent firms are owned entirely within the host region, then the new...
Persistent link: https://www.econbiz.de/10011208211