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We quantify general equilibrium effects of place-based policies in a multiregion framework with mobility, trade and agglomeration economies. Using detailed data on EU transfers, we infer the local effects of different transfer types on productivity, income and transportation cost. Based on these...
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Increasing access to basic infrastructure, and social services is critical to reducing poverty, and achieving the Millennium Development Goals (MDGs). However, increasing access is a challenge because of the gap between what it costs to deliver a desired level of service, and what can be funded...
Persistent link: https://www.econbiz.de/10012556141
Governments often regulate not only the overall level of prices charged by infrastructure firms but also the relationship between prices for different services or customers. Prices can differ among different types of customers, even when no customers can be said to be subsidizing another, for...
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Cities generate negative, as well as positive, externalities; addressing those externalities requires both infrastructure and institutions. Providing clean water and removing refuse requires water and sewer pipes, but the urban poor are often unwilling to pay for the costs of that piping....
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subsidy policies. At the new technology infrastructure investment stage, governments can use investment subsidy to reduce the … subsidy to reduce consumers' cost of using the service provided by the new technology firms. In this study, we develop a game …-theoretic model to examine the impact of both investment subsidy and usage subsidy on the new technology adoption. We find that both …
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