damaging subsidies is lacking. Environmentally damaging subsidies are all kinds of direct and indirect subsidies aimed at … article develops a transparent method to determine the environmental impact of indirect government subsidies and derive policy … lessons. This method has been applied to several major subsidies in the Netherlands, namely in agriculture, energy, and …

subsidies. On the other hand, countries with flexible substitution possibilities and relatively smaller externalities may …

In an endogenous-growth model, we consider alternative ways of providing public capital using distortionary taxes. We …

economy. When factor income taxes finance public investment infintely many tax-subsidy combinations can decentralize the … incorporate administrative costs. A unique combination of factor income taxes now decentralizes the planner's allocations. A … simple calibration exercise suggests that changes in factor income taxes does not cause a significant change in the optimal …