, the two policy approaches have different welfare effects, depending on the design of the instrument (ad valorem versus …

outperform unit taxes in terms of welfare for a wide range of imperfect competition settings, including Dixit … industry, less output per firm, less tax revenue, but higher welfare compared to ad valorem taxes. …The ad valorem versus unit taxes debate has traditionally emphasized tax yield. For this criterion, ad valorem taxes …

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 …

Many countries around the world either tax agriculture or provide subsidies through trade and agricultural policies …

extraction choices under emission taxes, subsidies on renewable resources and abatement costs. We assume that non …-renewable to renewable resources is characterized. Numerical applications show that an increase in emission taxes, abatement costs …

growing class of place-based policies attempts to address these differences through public investments and subsidies that … characterize the welfare effects of place-based policies on the local and the national economy. Using this model, we critically …