Showing 1 - 10 of 612
, fuel economy standards for automobiles, renewable portfolio standards, low carbon fuel standards, and—most recently—China … substantial gains could arise from shifting two programs, China’s new national carbon market (~60% gain) and the California Low …
Persistent link: https://www.econbiz.de/10014089541
subsidies for poor households in two provinces of China and find no evidence that the subsidies improved nutrition. In fact, it …
Persistent link: https://www.econbiz.de/10013069716
Subsidies to consumers may cause firms to charge higher prices, which offsets consumer benefits from subsidies. We study a subsidy program design that mitigates such price increases by making products' eligibility for a subsidy dependent on firms' commitment to price ceilings. To quantify the...
Persistent link: https://www.econbiz.de/10014243363
research on China. Second, we document, through various empirical methods, the robust findings about striking patterns of trend … offers a constructive framework for studying China's modern macroeconomy …
Persistent link: https://www.econbiz.de/10013021472
cross-provincial variation in institutional quality in China, and export data that distinguishes between foreign and …
Persistent link: https://www.econbiz.de/10013311926
Weak institutions ought to deter foreign direction investment (FDI), and mass media stories highlight China …'s institutional deficiencies, yet China is now one of the world's largest FDI destinations. This incongruity characterizes China …'s paradoxical growth. Cross-country regressions show that China's FDI inflow is not exceptionally large, given the quality of its …
Persistent link: https://www.econbiz.de/10012753817
China presents several macroeconomic patterns that appear inconsistent with standard stylized facts about economic …
Persistent link: https://www.econbiz.de/10013062078
Seminal work by Weitzman (1974) revealed prices are preferred to quantities when marginal benefits are relatively flat compared to marginal costs. We extend this comparison to indexed policies, where quantities are proportional to an index, such as output. We find that policy preferences hinge...
Persistent link: https://www.econbiz.de/10012759315
Political pressure in the United States is again building to constrain pharmaceutical prices either directly or through legalized reimportation of lower-priced pharmaceuticals from foreign countries. This study uses the Clinton Administration's Health Security Act (HSA) of 1993 as a natural...
Persistent link: https://www.econbiz.de/10012762479
Efficient electricity pricing involves two-part tariffs: a volumetric price equal to the marginal cost of producing an additional kilowatt hour (kWh) and a fixed fee to cover any remaining fixed costs. In this paper we explore how US electricity regulators depart from this simple two-part tariff...
Persistent link: https://www.econbiz.de/10012860846