The paper uses the 1992 household survey for Bulgaria to show poor revenue performance of the income tax structure prevailing in 1992, which did not take into account the underlying distribution of income. The paper shows that Bulgaria can benefit from a much lower and simpler income tax rate...

The paper provides three principal results. First, we benchmark South African infrastructure performance in terms of access, pricing, and quality against key comparator groups of countries using the most recent World Bank benchmarking data base (2005). Second, we establish clear empirical links...

Meeting government revenue needs without inhibiting private sector development is a key challenge of tax policy during the transition from the socialist system. The paper explores issues in the design of tax bases and tax structures in the transition and argues that transition economies would...

International comparisons of the organization and performance of health care sectors are increasingly informing policy makers about potential policies relating to the cost of, and access to, health care. Perhaps nowhere have such comparisons featured as prominently as in North America. In...

In this paper we introduce DEA models that can be used to compute the way firms' profitability changes when the assignment of property rights changes.

The note documents and discusses the modalities and consequences of the phenomenon of siphoning profits of state enterprises for private uses by state enteprise managers and insiders in Bulgaria during the period of early transition.

This study uses the quantity-based Allais-Debreu measure of loss to measure the waste, in output or resources, induced by interventions in the agricultural sector in 18 developing countries.

In this paper we adapt a partial equilibrium approach of Allais and Diewert to measure the efficiency loss in the producing sector due to quotas. The measure of waste is the additional profits available due to reallocation subject to constraints that the welfare of persons and firms outside the...

It is well known in Environmental Economics that payment offered on the Willingness to Pay (WTP) principle is much smaller than the compensation demanded on the Willingness to Accept (WTA) principle. Payment under WTP goes into the environment and is communally enjoyed, whereas compensation...

The objective of this paper is to present Hickssian general equilibrium approaches to productivity measurement in the presence of market failure.