Showing 1 - 10 of 635
electoral price cycles in gasoline markets …
Persistent link: https://www.econbiz.de/10012777969
crude oil prices per liter translates into a 1.2 cent increase in the retail gasoline price at peak level six months after … negative price shocks on the retail gasoline price. Finally, the paper underscores the importance of the new dataset in …
Persistent link: https://www.econbiz.de/10012962161
Macroeconomic costs of conflict are generally very large, with GDP per capita about 28 percent lower ten years after conflict onset. This is overwhelmingly driven by private consumption, which falls by 25 percent ten years after conflict onset. Conflict is also associated with dramatic declines...
Persistent link: https://www.econbiz.de/10012828235
In this paper we use a general equilibrium model with heterogeneous agents to assess the macroeconomic and welfare consequences in the United States of alternative fiscal policies over the medium-term. We find that failing to address the fiscal imbalances associated with current federal fiscal...
Persistent link: https://www.econbiz.de/10013110101
This paper provides the first comprehensive empirical analysis of agricultural trade using a gravity model. The data set covers bilateral trade in agricultural goods for 152 countries over the periods 1990-93 and 1999-2002. The estimations support claims that protectionism and distortive...
Persistent link: https://www.econbiz.de/10012752468
designing, and gaining public support for, subsidy reform. This paper updates evidence for developing countries on the magnitude … of the welfare impact of subsidy reform and its distribution across income groups, incorporating more recent studies and … subsidy reform for countries where the data necessary for such an analysis is not available …
Persistent link: https://www.econbiz.de/10012999743
We investigate the effect of R&D subsidies on firms’ innovation by ownership, industry, and firm size using German firm-level data. The impact of R&D subsidies is heterogeneous across industries for multinational corporations (MNCs) and domestic firms while it does not differ substantially by...
Persistent link: https://www.econbiz.de/10014244521
The paper reviews recent developments in the pass-through of international to domestic petroleum product prices, in the different fuel pricing regimes, and in fuel subsidies in a range of emerging market and developing economies. The main finding of the paper is the limited price pass-through in...
Persistent link: https://www.econbiz.de/10012777198
countries' own interests. The potential fiscal, environmental and welfare impacts of energy subsidy reform are substantial …
Persistent link: https://www.econbiz.de/10013021777
consumption to changes in energy prices and the implications of our findings for the debate on energy subsidy reform. Our findings … significant long-term benefits from the reform of energy subsidies. Our findings also indicate that short-term gains from subsidy … reform are likely to be much smaller, which suggests the need for either a gradual approach to subsidy reform or for more …
Persistent link: https://www.econbiz.de/10013063763