Showing 1 - 10 of 1,157
trading scheme suffers numerous problems, but the issues raised show taxes can also be watered down and made ineffectual … percent renewable energy within a decade. We explore the difficulties of implementing meaningful greenhouse gas taxes in …
Persistent link: https://www.econbiz.de/10009322896
, it understands a pollution externality not only as a market failure but more generally as the failure of private …
Persistent link: https://www.econbiz.de/10008562594
the benefits of taxation can lead to low support for taxes. In a dynamic market experiment with negative externalities, we … consistently find that people are less willing to accept Pigouvian taxes, aimed at reducing negative externalities and restoring … externality occurs immediately, the resistance to taxation remains robust over time when the externality is delayed. Our data …
Persistent link: https://www.econbiz.de/10011113106
This theoretical note examines the usefulness of the Pigouvian tax policy in dealing with negative production externalities and in improving social welfare in a small developing economy. A two-sector, full-employment general equilibrium model with exogenous labour market imperfection is used for...
Persistent link: https://www.econbiz.de/10011212786
This paper examines the importance of induced technological change in considering the efficiency costs of environmental policy. In particular, in modeling an endogenous formation of energy-saving technology through a variety of intermediates, the paper studies the welfare effects of...
Persistent link: https://www.econbiz.de/10011107859
We consider a symmetric model composed of two countries and a firm in each country. Firms produce the same good by means of a polluting technology that uses fossil energy. However, these firms can adopt a clean technology that uses a renewable energy and that has a lower unit cost. Surprisingly,...
Persistent link: https://www.econbiz.de/10011113672
Agricultural crop production is highly dependent upon environmental conditions among which air quality plays a central role. Various air pollutants have been identified as a potential influence on commercial crops including SO2, NOx, O3 and CO2. In particular, ozone in the lower atmosphere has...
Persistent link: https://www.econbiz.de/10011110410
The focus of this study is on black markets which provide an important segment of the parallel economy. These markets operate in disequilibrium,search and information costs become very important.Trafficking in drugs taken as case, to explore both theoretically and empirically. The problem,...
Persistent link: https://www.econbiz.de/10009422026
This paper proposes a measure of real-time inflation expectations based on metadata, i.e., data about data, constructed from internet search queries performed on the search engine Google. The forecasting performance of the Google Inflation Search Index (GISI) is assessed relative to 37 other...
Persistent link: https://www.econbiz.de/10009647210
This study sheds new light on the question of whether or not sentiment surveys, and the expectations derived from them, are relevant to forecasting economic growth and stock returns, and whether they contain information that is orthogonal to macroeconomic and financial data. I examine 16...
Persistent link: https://www.econbiz.de/10009647230