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This paper employs a new empirical approach to estimate the impact of subsidies on growth and productivity. Our key innovation is to use local political leader geographic rotation as a source of exogenous variation. By using Chinese Industrial Census data from 1999 to 2013, we find that more...
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emissions if and only if they lower the marginal product of dirty energy. The constrained-efficient subsidy equals the marginal … this more optimistic scenario, a clean subsidy generates significantly higher emissions and lower welfare than a tax on …
Persistent link: https://www.econbiz.de/10014440981
emissions if and only if they lower the marginal product of dirty energy. The constrained-efficient subsidy equals the marginal … this more optimistic scenario, a clean subsidy generates significantly higher emissions and lower welfare than a tax on …
Persistent link: https://www.econbiz.de/10014444067
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Petroleum subsidy reform is increasingly seen as an opportunity for consolidating public finances and fostering … this paper support a comprehensive petroleum subsidy reform in Yemen. Economic growth is projected to accelerate between 0 …. A promising strategy combines subsidy reduction with direct transfers of 13,800 to 19,700 Yemeni rials annually to the …
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