Showing 1 - 10 of 318
This paper examines the environmental effects of mineral taxes in a framework that recognizes the importance of rates and cumulative externalities and proposes an appropriate corrective tax. It concludes that mineral resources taxation should combine neutral taxes with a dynamic Pigovian type...
Persistent link: https://www.econbiz.de/10005263912
An increasing number of tropical timber producing nations have enacted bans on export of logs. Proponents argue that a log export ban is a second-best policy tool for addressing environmental externalities; it also creates more jobs and improves scale efficiencies domestically. Theoretical...
Persistent link: https://www.econbiz.de/10005825769
market failures to ensure that environmental degradation and resource use is contained to appropriate levels. However, in … identifies areas of public expenditure policy that interact with the environment. It argues that a reform of certain types of … tend to benefit the environment, thereby moving an economy towards ‘sustainable’ development. …
Persistent link: https://www.econbiz.de/10005825826
This paper examines the role and impact of taxation on sustainable forest management. It is shown that fiscal instruments neither reinforce nor substitute for traditional regulatory approaches. Far from encouraging more sustainable forest management, fiscal instruments such as an inappropriate...
Persistent link: https://www.econbiz.de/10005768783
This paper examines the case for internationally coordinated indirect taxes on aviation (as a source of general revenue-not (necessarily) as a source of development finance). The case for such taxes is strong: the tax burden on international aviation is currently limited, yet it contributes...
Persistent link: https://www.econbiz.de/10005769201
Social capital is an instantiated informal norm that promotes cooperation between individuals. In the economic sphere it reduces transaction costs, and in the political sphere it promotes the kind of associational life that is necessary for the success of limited government and modern democracy....
Persistent link: https://www.econbiz.de/10005769240
the environment, public funds are inexpensive, and public abatement is relatively productive. The analysis also shows that …
Persistent link: https://www.econbiz.de/10005599649
This paper examines the relative merits of two dominant economic instruments for reducing pollution—”green” taxes and tradable permits. Theoretically, the two instruments share many similarities, and on balance, neither seems preferable to the other. In practice, however, most countries...
Persistent link: https://www.econbiz.de/10005604886
In most macroeconomic models, the substitutability between domestic and foreign goods is calibrated using aggregated data. This imposes homogeneous elasticities across goods, and the calibration is only valid under this assumption. If elasticities are heterogeneous, the aggregate...
Persistent link: https://www.econbiz.de/10012677518
International trade is vital for economic prosperity in Pacific island countries, but their trade performance has been weak over the past decade with the exception of resource-rich countries. Small country size and remoteness from global economic centers may have contributed to this relatively...
Persistent link: https://www.econbiz.de/10010959471