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Computable general equilibrium (CGE) modeling has provided a number of important insights about the interplay between environmental tax policy and the pre-existing tax system. In this paper, we emphasize that a labor market policy of recycling tax revenues from an environmental tax to lower...
Persistent link: https://www.econbiz.de/10011447345
New evidence confirms the conclusion of former surveys that the link between school resources and student performance is generally missing in educational production. While the conventional within-country cross-section evidence remains controversial, recent contributions which control for...
Persistent link: https://www.econbiz.de/10011473860
For many low-income countries, the impact of structural reforms on economic growth and poverty alleviation crucially depends on the response of aggregate agricultural supply to changing incentives. Despite its policy relevance, the size of this parameter is still largely unknown. This paper...
Persistent link: https://www.econbiz.de/10011477151
This paper posits a new approach to the 'wage equation' of the New Economic Geography (NEG). On one side, it is shown that the NEG provides a spatial explanation of marginal costs, instead of wages. On the other side, and focusing on the statistical properties of the data, it is explained why...
Persistent link: https://www.econbiz.de/10011477170
We reconcile conflicting evidence on the magnitude of the elasticity of substitution of land for capital, which is a key determinant of the relationship between the price of land and the density of land use. We first compare the performance of classic estimation approaches with a new estimation...
Persistent link: https://www.econbiz.de/10011504420
In this paper I assess the existence, and the magnitude, of technological externalities in the form of creativity spillovers that affect individual firms' innovative intensity. Relying on a large sample of Italian manufacturing firms, I first estimate a knowledge production function through a...
Persistent link: https://www.econbiz.de/10011515606
The focus of this study is on regional knowledge production activities in Europe, with special emphasis on the interplay between agglomeration and network effects. As increasingly considered in economic geography and regional science in the recent past, regional knowledge production activities,...
Persistent link: https://www.econbiz.de/10011515648