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This paper examines the implications of that workers may not be able to estimate their true costs of acquiring skills. Consequently, too few workers may acquire skills. This allows for the possibility that subsidizing education is welfare improving. Furthermore, if the presence of skill-biased...
Persistent link: https://www.econbiz.de/10012142293
income taxes as well as capital gains taxes and start-up capital subsidies on the volume and quality of venture capital …
Persistent link: https://www.econbiz.de/10012142333
correcting R&D market failures, can be useful complements to emissions pricing, but ambitious renewable targets or subsidies seem …
Persistent link: https://www.econbiz.de/10010380638
This paper uses willingness to pay (WTP) data from a field experiment in Hyderabad, India in 2013 to determine whether non-monetary prices better target health products to the poor than monetary prices. Monetary WTP is increasing in income and non-monetary WTP is weakly decreasing in income....
Persistent link: https://www.econbiz.de/10011545165
(renewable energy deployment) or upstream development and manufacturing of those technologies. The use of subsidies …-particularly upstream ones-is disciplined by World Trade Organization agreements, and its subsidies code lacks exceptions for transboundary … offering production and consumption subsidies in producer countries, allowing that some of the downstream market may lie in …
Persistent link: https://www.econbiz.de/10011457645
Industrial policy has long been criticized as subject to protectionist interests; accordingly, subsidies to domestic … offering production (upstream) and deployment (downstream) subsidies in producer countries, allowing that some of the … downstream market may lie in nonregulating third-party countries. Restraints on upstream subsidies erode global welfare when …
Persistent link: https://www.econbiz.de/10011457653
The Chinese leadership in November 2013 determined to embark upon a new wave of comprehensive reforms in China. This is clearly reflected by the key decision of the Third Plenum of the 18th Central Committee of Communist Party of China to assign the market a decisive role in allocating...
Persistent link: https://www.econbiz.de/10010403532
Faced with the energy transition imperative, governments have to decide about public policy to promote renewable electrical energy production and to protect domestic power generation equipment industries. For example, the Canada - Renewable energy dispute is over Feed-in tariff (FIT) programs in...
Persistent link: https://www.econbiz.de/10010419805
In the first dispute on renewable energy to come to WTO dispute settlement, the domestic content requirement of Ontario's feed-in tariff was challenged as a discriminatory investment-related measure and as a prohibited import substitution subsidy. The panel and Appellate Body agreed that Canada...
Persistent link: https://www.econbiz.de/10010426197
Persistent link: https://www.econbiz.de/10011291400