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Smoke Screen : Estimating the Tax Pass-Through to Cigarette Prices in Pakistan
Cevik, Serhan - 2016
Pakistan by using a novel dataset of monthly observations on cigarette prices in 50 cities during the period 2004-2015. The … pass-through of cigarette taxes to retail prices is found to occur within two months, but is mostly incomplete in magnitude …. On average, a one-rupee tax increase is estimated to lead to an increase of only PRs 0.8 in retail cigarette prices. This …
Persistent link: https://www.econbiz.de/10012977784
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Intergovernmental Fiscal Reform in China
Wingender, Philippe - 2018
China is the most decentralized country in the world in terms of expenditures shares, with subnational governments responsible for 85 percent of government spending. Limited revenue autonomy and insufficient intergovernmental transfers have led to large unfunded mandates and a build-up of debt...
Persistent link: https://www.econbiz.de/10012918550
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Unpacking Impact of COVID-19 on Vietnamese Firms : Evidence from a Novel Survey
Dabla-Norris, Era; Nguyen, Anh Thi Ngoc; Zhang, Y. Sophia; … - 2022
Using a unique representative panel survey of Vietnamese enterprises in 2020, we find that the pandemic and associated government support package had a heterogenous impact across firms. The government support package, particularly tax cuts and deferrals, helped alleviate short term stress, but...
Persistent link: https://www.econbiz.de/10014238521
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Fiscal Decentralization Improves Social Outcomes When Countries Have Good Governance
Nakatani, Ryota; Zhang, Qianqian; Garcia Valdes, Isaura - 2022
Does fiscal decentralization improve health and educational outcomes? Does this improvement depend on the quality of governance? How do fiscal decentralization and governance interact? We answer these questions through an instrumental variable Tobit analysis of cross-country panel data. We find...
Persistent link: https://www.econbiz.de/10014082215
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Rising Child Poverty in Europe : Mitigating the Scarring from the Covid-19 Pandemic
Hallaert, Jean-Jacques; Vassileva, Iglika; Chen, Tingyun - 2023
Child poverty increased dramatically during the COVID-19 pandemic. In 2020 alone, the number of children suffering from … potential scarring effect of the pandemic, policies should be deployed to reduce rapidly the number of children affected by … poverty and mitigate the long-term impact of poverty. Reducing the number of children affected by poverty can be achieved by …
Persistent link: https://www.econbiz.de/10014344162
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A Hybrid Approach to Estimating the Efficiency of Public Spending on Education in Emerging and Developing Economies
Grigoli, Francesco - 2014
The measurement of the efficiency of public education expenditure using parametric and non-parametric methods has proven challenging. This paper seeks to overcome the difficulties of earlier studies by using a hybrid approach to measure the efficiency of secondary education spending in emerging...
Persistent link: https://www.econbiz.de/10013058432
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The Sooner (and the Smarter), the Better : COVID-19 Containment Measures and Fiscal Responses
Hosny, Amr - 2021
This paper finds empirical evidence that faster and smarter containment measures were associated with lower fiscal responses to the COVID-19 shock. We also find that initial conditions, such as fiscal space, income, health preparedness and budget transparency were important in shaping the amount...
Persistent link: https://www.econbiz.de/10013226437
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Supply Spillovers During the Pandemic : Evidence from High-Frequency Shipping Data
Cerdeiro, Diego; Komaromi, Andras - 2021
World trade contracted dramatically during the global economic crisis induced by the COVID-19 pandemic. Disruptions in international supply chains were widely reported as governments imposed containment measures (lockdowns) to halt the spread of the disease. At the same time, demand declined as...
Persistent link: https://www.econbiz.de/10013250078
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COVID-19 Impact and Mitigation Policies : A Didactic Epidemiological-Macroeconomic Model Approach
Ansah, John P.; Epstein, Natan P.; Nalban, Valeriu - 2021
We develop an integrated epidemiological-macroeconomic model to analyze the interplay between the COVID-19 outbreak and economic activity, as a tool for capacity building purposes. We illustrate a workhorse framework that combines a rich epidemiological model with an economic block to shed light...
Persistent link: https://www.econbiz.de/10013252049
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Exiting from Lockdowns : Early Evidence from Reopenings in Europe
Franks, Jeffrey R.; Gruss, Bertrand; Mulas Granados, Carlos - 2021
European authorities introduced stringent lockdown measures in early 2020 to reduce the transmission of COVID-19. As the first wave of infection curves flattened and the outbreak appeared controlled, most countries started to reopen their economies albeit using diverse strategies. This paper...
Persistent link: https://www.econbiz.de/10013314836