Showing 1 - 10 of 481
are closer to public provision than to privatization. …
Persistent link: https://www.econbiz.de/10010273786
provides empirical illustrations of this burgeoning phenomenon from the fields of unconventional monetary policy, privatization …
Persistent link: https://www.econbiz.de/10013189712
This paper reviews the Latin American experience with highway privatization during the last decade. Based on evidence … privatization did not materialize because of pervasive contract renegotiations. We argue that the disappointing performance of … highway privatization in Latin America was due to two fundamental design flaws. First, countries followed a 'privatize now …
Persistent link: https://www.econbiz.de/10010369235
In many circumstances, a principal, who wants prices to be as low as possible, must contract with agents who would like to charge the monopoly price. This paper compares a Demsetz auction, which awards an exclusive contract to the agent bidding the lowest price (competition for the field) with...
Persistent link: https://www.econbiz.de/10010369246
We consider environmental regulation in a context where firms invest in abatement technology under conditions of uncertainty about subsequent abatement cost, but can subsequently adjust output in the light of true marginal abatement cost. Where an emission tax is the only available instrument,...
Persistent link: https://www.econbiz.de/10010291668
subsidies, consumption taxes do better than uniform income taxes, but can be improved on locally via positive taxation of … physical capital income and a negative tax on labor income. With subsidies the first best can be achieved in a system where: (i …
Persistent link: https://www.econbiz.de/10010291989
consequences. It describes the policy frameworks to promote renewable energy as well as fossil-fuel subsidies, which are still …
Persistent link: https://www.econbiz.de/10010294331
’s decision on claiming unjustified subsidies (e. g. by underreporting income) exists so far. Employing Austrian survey data we … show that the basic attitude towards avoiding taxes (tax morale) and claiming unjustified subsidies (benefit morale) have … economic approach, by alternative theories or simply by more opportunities to cheat on the state by unjustified subsidies in …
Persistent link: https://www.econbiz.de/10010294580
Government subsidies for R&D are intended to promote projects with high returns to society but too little private …
Persistent link: https://www.econbiz.de/10010294659
subsidies will be favorable for achieving a reduction in long-term unemployment. …
Persistent link: https://www.econbiz.de/10010295581