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Skill-Specific Rather then General Education : A Reason for Us-Europe Growth Differences?
Krueger, Dirk; Kumar, Krishna B. - 2021
education subsidy policy we demonstrate that the optimal subsidy for general education increases with the growth rate of …
Persistent link: https://www.econbiz.de/10013212567
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Some Inconvenient Truths About Climate Change Policy : The Distributional Impacts of Transportation Policies
Holland, Stephen P. - 2011
Instead of efficiently pricing greenhouse gases, policy makers have favored measures that implicitly or explicitly subsidize low carbon fuels. We simulate a transportation-sector cap & trade program (CAT) and three policies currently in use: ethanol subsidies, a renewable fuel standard (RFS),...
Persistent link: https://www.econbiz.de/10013120318
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The Link between Fundamentals and Proximate Factors in Development
Keller, Wolfgang - 2013
The paper introduces a framework for studying the hierarchy of growth factors, from deep to more immediate. The specific setting we examine is 18th and 19th century Germany, when institutional changes introduced by reforms and transportation improvements converged to create city growth. We...
Persistent link: https://www.econbiz.de/10013086487
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Did Railroads Induce or Follow Economic Growth? Urbanization and Population Growth in the American Midwest, 1850-60
Atack, Jeremy - 2010
For generations of scholars and observers, the quot;transportation revolution,quot; especially the railroad, has loomed large as a dominant factor in the settlement and development of the United States in the nineteenth century. There has, however, been considerable debate as to whether...
Persistent link: https://www.econbiz.de/10012758014
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The External Costs of Transporting Petroleum Products by Pipelines and Rail : Evidence from Shipments of Crude Oil from North Dakota
Clay, Karen - 2017
This paper constructs new estimates of the air pollution and greenhouse gas costs from long-distance movement of petroleum products by rail and pipelines. While crude oil transportation has generated intense policy debate about rail and pipeline spills and accidents, important externalities –...
Persistent link: https://www.econbiz.de/10012947021
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Collusive Investments in Technological Compatibility : Lessons from U.S. Railroads in the Late 19th Century
Gross, Daniel P. - 2019
Collusion is widely condemned for its negative effects on consumer welfare and market efficiency. In this paper, I show that collusion may also in some cases facilitate the creation of unexpected new sources of value. I bring this possibility into focus through the lens of a historical episode...
Persistent link: https://www.econbiz.de/10012862849
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Payment for Environmental Services : Hypotheses and Evidence
Alston, Lee J. - 2013
The use of Payment for Environmental Services (PES) is not a new type of contract but they have become more in vogue because of the potential for sequestering carbon by paying to prevent deforestation and degradation of forest lands. We provide a framework utilizing transaction costs to...
Persistent link: https://www.econbiz.de/10013087879
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The Economic Cost of Global Fuel Subsidies
Davis, Lucas W. - 2013
By 2015, global oil consumption will reach 90 million barrels per day. In part, this high level of consumption reflects the fact that many countries provide subsidies for gasoline and diesel. This paper examines global fuel subsidies using the latest available data from the World Bank, finding...
Persistent link: https://www.econbiz.de/10013071789
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Detection and Impact of Industrial Subsidies : The Case of World Shipbuilding
Kalouptsidi, Myrto - 2014
This paper provides a model-based empirical strategy to, (i) detect the presence and gauge the magnitude of government subsidies and (ii) quantify their impact on production reallocation across countries, industry prices, costs and consumer surplus. I construct and estimate an industry model...
Persistent link: https://www.econbiz.de/10013054035
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Subsidy Agreements
Bagwell, Kyle; Staiger, Robert W. - 2021
rules with the creation of the WTO. Our results suggest that, although GATT subsidy rules were typically viewed as weak and … inadequate while the WTO subsidy rules are seen as representing a significant strengthening of multilateral disciplines on … subsidies, the key changes introduced by the WTO subsidy rules may ultimately do more harm than good to the multilateral trading …
Persistent link: https://www.econbiz.de/10013216133