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Taxing pollutuion : agglomeration and welfare consequences
Berliant, Marcus C.; Peng, Shin Kun; Wang, Ping - 2011
This paper demonstrates that a pollution tax with a fixed cost component may lead, by itself, to segregation between clean and dirty firms without heterogeneous preferences or increasing returns. We construct a simple model with two locations and two industries (clean and dirty) where pollution...
Persistent link: https://www.econbiz.de/10011522559
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Search costs, sorting and "property ladder" effects : evidence from the valuation of amenities
Lyons, Ronan - 2012
The housing market is one of the most important markets in any economy, constituting typically both the most important class of consumption good and the most widely held investment asset. The origin of the Great Recession in the U.S. housing market has shown the importance of linkages between...
Persistent link: https://www.econbiz.de/10011515013
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Prices versus quantities with morally concerned consumers
Schmidt, Klaus M.; Herweg, Fabian - 2021
It is widely believed that an environmental tax (price regulation) and cap-and-trade (quantity regulation) are equally efficient in controlling pollution when there is no uncertainty. We show that this is not the case if some consumers (firms, local governments) are morally concerned about...
Persistent link: https://www.econbiz.de/10013335937
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Let tiebout pick up the tab : pricing out externalities with free mobility
Watanabe, Hiroki - 2016
Free mobility has not been thought of as an effective tool to correct over- or underproduction of externalities. In … this paper, we establish that foot voting can internalize the cost of negative externalities. Workers have to accept the … can effectively influence the equilibrium wage and rent to reflect the externalities by threatening to walk away if the …
Persistent link: https://www.econbiz.de/10011866892
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The geographic reach of knowledge spillovers : a functional regression approach with precise geo-referenced data
Eppelsheimer, Johann; Rust, Christoph - 2019
This paper applies functional regression to precise geo-coded register data to measure productivity spillovers from high-skilled workers. We use a smoothing splines estimator to model the spatial distribution of high-skilled workers as continuous curves. Our rich panel data allows us to address...
Persistent link: https://www.econbiz.de/10012317611
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Diversity of human capital and regional growth
Noseleit, Florian; Söllner, Rene - 2010
In this paper we study the impact of diversity on regional growth by extending the existing literature in such that we differentiate between industry diversity and human capital diversity. In order to measure human capital diversity we construct a regional measure based on individual...
Persistent link: https://www.econbiz.de/10012619728
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Does tax enforcement counteract the negative effects of terrorism? : a case study of the Basque country
Salvadori, Luca - 2015
. The presence of externalities in tax administration attributable to the costs of terrorism is investigated by undertaking …
Persistent link: https://www.econbiz.de/10011476365
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Quasi-hyperbolic discounting and externalities : can government intervention improve wefare?
Kotsogiannēs, Chrēstos; Schwager, Robert - 2020 - This version: October 1, 2019
The recent literature has emphasized that government intervention when consumers have quasi-hyperbolic preferences ('bias for the present') over consumption is not welfare-enhancing. This paper introduces a market imperfection (which takes the form of a negative externality) and shows that...
Persistent link: https://www.econbiz.de/10012431494
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Workshop 5 report: bridging the benefit/funding gap
Stanley, John; Ljungberg, Anders - In: Research in transportation economics 69 (2018), pp. 438-444
Persistent link: https://www.econbiz.de/10012026913
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When trains go faster than planes : the strategic reaction of airlines in Spain
Jiménez, Juan Luis; Betancor, Ofelia - 2011
Plans for the development of high speed railways lines (HSR) in Spain are widespread. At the beginning of 2010 four HSR lines were operating in routes where the air transport mode used to be dominant. In this paper we examine through econometric means the air carriers' reaction to these HSR...
Persistent link: https://www.econbiz.de/10011548762