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Crunch time: A policy to avoid the announcement effect when terminating a subsidy
Gürtler, Marc; Sieg, Gernot - 2008
If the government announces the termination of a subsidy paid for an irreversible investment under uncertainty, investors might decide to realize their investment so as to obtain the subsidy. These investors might have postponed an investment if future payment were assured. Depending on the...
Persistent link: https://www.econbiz.de/10010307162
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Crunch time : a policy to avoid the "announcement effect" when terminating a subsidy
Gürtler, Marc; Sieg, Gernot - 2008 - [Elektronische Ressource]
If the government announces the termination of a subsidy paid for an irreversible investment under uncertainty, investors might decide to realize their investment so as to obtain the subsidy. These investors might have postponed an investment if future payment were assured. Depending on the...
Persistent link: https://www.econbiz.de/10003766754
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Crunch time : a policy to avoid the "announcement effect' when terminating a subsidy
Gürtler, Marc; Sieg, Gernot - In: German economic review 11 (2010) 1, pp. 25-36
Persistent link: https://www.econbiz.de/10003945952
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Crunch time : the optimal policy to avoid the "Announcement Effect" when terminating a subsidy
Gürtler, Marc; Sieg, Gernot - 2006 - This Version: 2007-02-28
We are considering for examination an Irreversible Investment under Uncertainty, subsidized by the government. If the government announces the termination of a form of subsidization, investors may decide to realize their investment in order to obtain the subsidy. These investors might have...
Persistent link: https://www.econbiz.de/10009487264
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Welfare effects of subsidizing a dead-end network of less polluting vehicles
Dietrich, Antje-Mareike; Sieg, Gernot - In: Networks and spatial economics : a journal of … 14 (2014) 3/4, pp. 335-355
Persistent link: https://www.econbiz.de/10011308775
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Crunch Time : A Policy to Avoid the ‘Announcement Effect’ When Terminating a Subsidy
Gürtler, Marc - 2011
If the government announces the termination of a subsidy paid for an irreversible investment under uncertainty, investors might decide to realize their investment so as to obtain the subsidy. These investors might have postponed an investment if future payment were assured. Depending on the...
Persistent link: https://www.econbiz.de/10013119932
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Welfare Effects of Subsidizing a Dead-End Network of Less Polluting Vehicles
Dietrich, Antje-Mareike - 2011
This article shows that in the presence of environmental externalities, it may be welfare enhancing to overcome a technological lock-in by a dead- end technology through governmental intervention. It is socially desirable to subsidize a dead-end technology if its environmental externality is...
Persistent link: https://www.econbiz.de/10013119947
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Welfare effects of subsidizing a dead-end network of less polluting vehicles
Dietrich, Antje-Mareike; Sieg, Gernot - 2011
This article shows that in the presence of environmental externalities, it may be welfare enhancing to overcome a technological lock-in by a deadend technology through governmental intervention. It is socially desirable to subsidize a dead-end technology if its environmental externality is small...
Persistent link: https://www.econbiz.de/10009349250
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Crunch time: A policy to avoid the announcement effect when terminating a subsidy
Gürtler, Marc; Sieg, Gernot - Department Wirtschaftswissenschaften, Technische … - 2008
If the government announces the termination of a subsidy paid for an irreversible investment under uncertainty, investors might decide to realize their investment so as to obtain the subsidy. These investors might have postponed an investment if future payment were assured. Depending on the...
Persistent link: https://www.econbiz.de/10009369485