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Determining the environmental effects of indirect subsidies

Beers, Cees van; Bergh, Jeroen C. J. M. van den; Moor, … - 2004

damaging subsidies is lacking. Environmentally damaging subsidies are all kinds of direct and indirect subsidies aimed at … article develops a transparent method to determine the environmental impact of indirect government subsidies and derive policy … lessons. This method has been applied to several major subsidies in the Netherlands, namely in agriculture, energy, and …

Persistent link: https://www.econbiz.de/10011335220

Energy Supply and the Sustainability of Endogenous Growth

Pittel, Karen - 2014

The paper provides an introduction to energy, respective resource, use within the framework of endogenous growth models. We provide an overview of different modeling approaches as well as intuition with respect to the results obtained. We consider the source problem, i.e., the supply of energy,...

Persistent link: https://www.econbiz.de/10013069538

Energy prices and economic growth : theory and evidence in the long run

Berk, Ýstemi; Yetkiner, Hakan - 2013

In this paper, we attempt to derive and test the role of energy prices on economic growth. We first developed a two-sector endogenous growth model, based on Rebelo (1991). We modified the model such that consumption goods sector uses energy as an input along with capital. The model allows us to...

Persistent link: https://www.econbiz.de/10009741377

Optimal taxation in a stochastic endogenous growth model with congestion

Ott, Ingrid; Soretz, Susanne - 2002

In this paper the impacts of income and consumption taxes are analyzed within a model of stochastic endogenous growth …

Persistent link: https://www.econbiz.de/10011526036

Chapter 1 Neoclassical Models of Endogenous Growth: The Effects of Fiscal Policy, Innovation and Fluctuations

Jones, Larry E.; Manuelli, Rodolfo E. - 2005

Despite its role as the centerpiece of modern growth theory, the Solow model is decidedly silent on some of its basic questions: Why is average growth in per capita income so much higher now than it was 200 years ago? Why is per capita income so much higher in the member countries of the OECD...

Persistent link: https://www.econbiz.de/10014023786

Public Expenditures, Taxes, Federal Transfers, and Endogenous Growth

Gong, Liutang; Zou, Heng-fu - China Economics and Management Academy, Central … - 2011

public expenditures and taxes by multiple levels of government. It derives the rate of endogenous growth and, with both … simulations and special examples, examines how that rate changes with respect to federal income tax, local taxes, and federal … transfers. It also discusses the growth and welfare-maximizing choices of taxes and federal transfers. …

Persistent link: https://www.econbiz.de/10009358970

Stochastic Environmental Policy, Risk-Taking, and Growth

Soretz, Susanne - 2003

This paper analyzes stochastic productive pollution within a model of endogenous growth. The extent to which the agents perceive their individual influence on aggregate pollution is parameterized. Recursive preferences allow for the separation between intertemporal substitutability and risk...

Persistent link: https://www.econbiz.de/10010262909

Stochastic Pollution and Environmental Care in an Endogenous Growth Model

Soretz, Susanne - 2002

This paper analyzes the impact of pollution and abatement policy within a stochastic endogenous growth model. The agents have environmental preferences, but they neglect their individual contribution to aggregate abatement. Therefore, environmental care is done by the government and financed via...

Persistent link: https://www.econbiz.de/10010317622

Factor income taxation, growth, and investment specific technological change

Bishnu, Monisankar; Ghate, Chetan; Gopalakrishnan, Pawan - 2013

We construct a tractable endogenous growth model with production externalities in which the public capital stock augments investment specific technological change. We characterize the first best fiscal policy and show that there exist several labor and capital tax-subsidy combinations that...

Persistent link: https://www.econbiz.de/10009722010

Employment and Growth Effects of Tax Reforms

Michaelis, Jochen; Birk, Angela - 2004

tax swaps between wage income taxes, payroll taxes, capital income taxes and taxes levied on capital costs. In our …

Persistent link: https://www.econbiz.de/10014070386