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When investigating the effects of federal grants on the behavior of lower-level governments, it is hard to defend the handling of grants as an exogenous factor affecting local governments; federal governments often set grants based on characteristics and performance of local governments. In this...
Persistent link: https://www.econbiz.de/10010321636
difference instrumental variable estimator which allows to tackle the endogeneity of local taxation. As well as providing robust …
Persistent link: https://www.econbiz.de/10011716920
few studies that explicitly deal with likely endogeneity problems focus on grants targeted towards specific sectors or to … rates of general, non-targeted grants to Finnish municipalities. This is done in a difference-in-difference model utilizing … policy-induced increases in grants to three groups of remotely populated municipalities. The results show no statistically …
Persistent link: https://www.econbiz.de/10010321444
In the context of emission trading it seems to be taken as given that people's preferences can be ignored with respect to the whole process of fixing emission targets and allocating emission permits to polluters. With this paper we want to reopen the debate on how citizens can be involved in...
Persistent link: https://www.econbiz.de/10010294613
I study a situation where two players disagree on the division of a good. In the first of two stages, the players can divide the good peacefully between them by signing a contract. If either or both players reject the contract, they must engage in a costly contest over the good. One of the...
Persistent link: https://www.econbiz.de/10010369486
Denne artikkelen undersøker hvor mye vi bør bruke av petroleumsinntektene hvis vi samtidig skal minimere kostnadene ved å bruke dem. Slike kostnader forbindes med sektoromstillinger som ikke kan opprettholdes og må reverseres for unngå intern og ekstern ubalanse i økonomien....
Persistent link: https://www.econbiz.de/10012143631
This paper addresses the so-called natural resource curse by devising a rule that can reduce macroeconomic costs associated with the consumption of revenues from natural resources. It assumes that such macroeconomic costs are mainly brought about by changes in the real exchange rate, which...
Persistent link: https://www.econbiz.de/10012143637
This paper compares different just transition pathways in China, the European Union and the United States of America by comparing the current state of the coal sector and just transition policies away from coal. How can social justice in the energy transition be achieved under different models...
Persistent link: https://www.econbiz.de/10012819790
This study examines the utilization of iron ore in India. It takes into account thesignificant reserves of iron ore in India and allays fears that the country's steel industrywill run out of iron ore resources if exports continue at the current level. On the contrary,it says that exports are...
Persistent link: https://www.econbiz.de/10011807613
We develop a dynamic resource extraction game that mimics the global multi-generation planning problem for climate change and fossil fuel extraction. We implement the game under different conditions in the laboratory. Compared to a ‘libertarian’ baseline condition, we find that policy...
Persistent link: https://www.econbiz.de/10011816752