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One of the more striking features of the debate over the Coase theorem is the wide variety of models and theoretical frameworks used to discuss, evaluate, or otherwise analyze Coase’s result - an artifact of an ambiguity in Coase’s reasoning. Some framed Coase’s result in a bargaining...
Persistent link: https://www.econbiz.de/10012648438
The present paper revisits the path by which Coase came to set down the result now generally known as the Coase theorem in his 1960 article. I draw on both the published record and archival resources in an effort to clear away some of the mist and, as it will emerge, dispel some of the...
Persistent link: https://www.econbiz.de/10012590882
consequences of energy subsidy reforms. The framework is applied to the case of Indonesia to study the consequences in this country … of a gradual phase out of all energy consumption subsidies between 2012 and 2020. The energy subsidy estimates used as …
Persistent link: https://www.econbiz.de/10011296149
small fraction of fiscal revenues from energy subsidy removal or energy taxation could be sufficient to compensate …
Persistent link: https://www.econbiz.de/10011913275
consequences of energy subsidy reforms. The framework is applied to the case of Indonesia to study the consequences in this country … of a gradual phase out of all energy consumption subsidies between 2012 and 2020. The energy subsidy estimates used as …
Persistent link: https://www.econbiz.de/10011402742
In a bold policy effort, Mexico recently moved away from subsidies to transport fuels, increased tax rates on these fuels and introduced a carbon tax. This paper analyses these reforms using a broad set of criteria that consider the main practical dimensions of environmental policy design:...
Persistent link: https://www.econbiz.de/10011669860
BEV and 25% of PHEV registrations were subsidy-induced, and had strong distributional effects, with greater uptake in …
Persistent link: https://www.econbiz.de/10014227603
BEV and 25% of PHEV registrations were subsidy-induced, and had strong distributional effects, with greater uptake in …
Persistent link: https://www.econbiz.de/10014230112
should be spatially-differentiated or uniform when negative RES environmental externalities are spatially heterogeneous and …
Persistent link: https://www.econbiz.de/10012487862
Fiscal externalities arise if subsidies to higher education raise future net fiscal revenues. We investigate in which … countries fiscal externalities provide a justification for increasing subsidies to higher education. First, we show that the … marginal fiscal recovery rate, i.e. the ratio of the change in total net fiscal revenues and the change in total subsidy costs …
Persistent link: https://www.econbiz.de/10012652848