Showing 1 - 10 of 568
. Regulation, tax, and Coasean exchange, such as through cap-and-trade regimes, are presented as substitutes, based on the relative …I examine Ronald Coase's criticism of standard regulatory and tax policies to address environmental externalities. I … for the costs of political bargaining and lobbying that arise from implementing and administering government regulation …
Persistent link: https://www.econbiz.de/10013000533
We derive conditions under which cost-increasing measures - consistent with either regulatory constraints or fully expropriated taxes - can increase the profits of all agents active within a common-pool resource. This somewhat counterintuitive result is possible regardless of whether price is...
Persistent link: https://www.econbiz.de/10013152439
There are two commonly accepted views about command-and-control (CAC) environmental regulation. First, CAC delivers … examine India's experience and find evidence that CAC policies achieved substantial environmental benefits at a relatively low … cost. Constructing an establishment-level panel from 1998 to 2009, we find that the CAC regulations imposed by India …
Persistent link: https://www.econbiz.de/10013011089
In collaboration with a state environmental regulator in India, we conducted a field experiment to raise the frequency … these results and recover the full costs of environmental regulation, we model the regulatory process as a dynamic discrete … costs of environmental regulation are largely reserved for extremely polluting plants. Applying the cost estimates to the …
Persistent link: https://www.econbiz.de/10013045290
results suggest reformed incentives for third-party auditors can improve their reporting and make regulation more effective …
Persistent link: https://www.econbiz.de/10013078586
and marketed a rainfall index insurance product across three states in India. Marketing agricultural insurance to both … the insurance market (which is the current regulatory practice in India and other developing countries), makes wage …
Persistent link: https://www.econbiz.de/10013060688
regulation accounts for roughly 60% of shadow bank growth, while technology accounts for roughly 30% …
Persistent link: https://www.econbiz.de/10012960154
In developing economies, mobile-linked services have the potential to significantly reduce transaction costs and provide a truly new conduit that could be used to facilitate the flow of savings into banks. We test this premise by introducing a product that permits Sri Lankan households to...
Persistent link: https://www.econbiz.de/10012906765
A growing body of rigorous research shows that financial services innovations can have important positive impacts on wellbeing, but also that many do not. We first describe the latest evidence on what works in financial inclusion. Second, we summarize research on key financial market failures...
Persistent link: https://www.econbiz.de/10012935529
We seek to determine the causes and magnitudes of network externalities for the automated clearinghouse (ACH) electronic payments system. We construct an equilibrium model of customer and bank adoption of ACH. We structurally estimate the parameters of the model using an indirect inference...
Persistent link: https://www.econbiz.de/10012760684