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This paper studies the dynamics of an industry that is subject to exclusive geographical licensing. I develop a model of license ownership that predicts the evolution of profit-maximizing entry and acquisition decisions by firms over time, starting from an initial allocation of licenses. The...
Persistent link: https://www.econbiz.de/10010333069
Persistent link: https://www.econbiz.de/10012320753
In actual environmental policy, the design of actual pollution emission taxes differs significantly with the optimal Pigovian tax. In particular, earmarking prevails and actual taxes are usually combined with regulation. Furthermore tax rates are generally too low to significantly influence...
Persistent link: https://www.econbiz.de/10011335760
We analyze the factors that influence the support for environmental policy proposals. Swiss referendum data show that proposals obtain more yes-votes if they do not restrict consumption possibilities directly, if they are endorsed by the largest business association, if environmental preferences...
Persistent link: https://www.econbiz.de/10010315545
Given heterogeneity in incomes and health risks, with asymmetric information in the latter, preferences over the public-private mix in health insurance and care are derived. Results concerning crowding-out in the presence of adverse selection are established. For low-risk individuals,...
Persistent link: https://www.econbiz.de/10010443330
According to the 'median-voter' hypothesis, greater inequality in the market distribution of earnings or income tends to produce greater generosity in redistributive policy. We outline the steps in the causal chain specified by the hypothesis and attempt to assess these steps empirically. Prior...
Persistent link: https://www.econbiz.de/10010335397
Australia, is used to test the model. This survey had three waves, at about 6 months, 18 months and 3? years after immigration …
Persistent link: https://www.econbiz.de/10010262738
for Australia. It focuses on both visa category and variables derived from an economic model of the determinants of …
Persistent link: https://www.econbiz.de/10010262780
concentrated. Testing the model for Australia shows that the extent of geographic concentration of immigrant groups is negatively … related to age at migration, duration of residence in Australia and the proportion of the birthplace group that is fluent in … the country of origin and the place of residence in Australia. …
Persistent link: https://www.econbiz.de/10010262788
tests the hypotheses using data on adult males from the Longitudinal Survey of Immigrants to Australia. The theoretical … includes data on pre-immigration occupation, the ?first? occupation in Australia (at 6 months) and the occupation after about 3 ….5 years in Australia. The hypotheses are supported by the empirical analysis. …
Persistent link: https://www.econbiz.de/10010262795