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Many public goods are characterized by rivalry and/or excludability. This paper introduces both non-excludable and excludable public inputs into a simple endogenous growth model. We derive the equilibrium growth rate and design the optimal tax and user-cost structure. Our results emphasize the...
Persistent link: https://www.econbiz.de/10002746082
Many public goods are characterized by rivalry and/or excludability. This paper introduces both non-excludable and excludable public inputs into a simple endogenous growth model. We derive the equilibrium growth rate and design the optimal tax and user-cost structure. Our results emphasize the...
Persistent link: https://www.econbiz.de/10003317052
In this paper the impacts of income and consumption taxes are analyzed within a model of stochastic endogenous growth with congestion. It is shown that the optimal amount of governmental input diminishes with uncertainty and that the optimal financing depends on the relation between the degrees...
Persistent link: https://www.econbiz.de/10011526036
Persistent link: https://www.econbiz.de/10013416474
In this study we develop an integrated econometric and CGE modelling framework for transport projects and transport policies at the European level by integrating network, regional economic and macro-economic impacts. The paper presents the formal structure of the integrated econometric and CGE...
Persistent link: https://www.econbiz.de/10011511031
Persistent link: https://www.econbiz.de/10000973634
Pigovian transport pricing was implemented in a large-scale field experiment in urban areas of Switzerland. The pricing varied across time, space and mode of transport. One third of the participants were given a financial incentive to reduce their external costs of transport, whereas others were...
Persistent link: https://www.econbiz.de/10012661100
We implement Pigovian transport pricing in a field experiment in urban agglomerations of Switzerland over the course of 8 weeks. The pricing considers external costs from climate damages, health outcomes and congestion and varies across time, space and mode of transport. The treatment reduces...
Persistent link: https://www.econbiz.de/10014526584
Persistent link: https://www.econbiz.de/10015080833
Persistent link: https://www.econbiz.de/10009300058