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Government subsidies for R&D are intended to promote projects with high returns to society but too little private …
Persistent link: https://www.econbiz.de/10005163033
industries during 1998-2002. Statistical source on subsidies include all subsidies to capital gathered on enterprise level by … the share of industry export to EU market on the total European demand. In the first step we described subsidies to … manufacturing industries and we aimed to answer the question what industries get the subsidies. In the second step we identified …
Persistent link: https://www.econbiz.de/10005036630
We develop a general equilibrium model that jointly considers the influence of capital accumulation constraints and of labour market frictions on the process of transition. We endogenize the economic and budgetary costs of different government policies and show that, early in transition,...
Persistent link: https://www.econbiz.de/10005504399
This paper aims to develop a detailed analysis of quasi-fiscal deficits and subsidies, and their impact on Armenia … quasi-fiscal deficits and the incidence of quasi-fiscal subsidies in Armenia, as well as identify main recipients and donors … population remains a major ultimate recipient of quasi-fiscal subsidies. Thus, the main distortive impact of quasi …
Persistent link: https://www.econbiz.de/10005620032
This paper analyzes Germany’s fiscal policy position. Half of GDP passes through the hands of government, a high debt to GDP ratio limits the maneuvering, and the revenue sharing mechanism prevents a competitive federalism. Most importantly for the future, the federal finance minister has to...
Persistent link: https://www.econbiz.de/10005700610
This paper develops a simple general equilibrium model with sequential search in which a non-degenerate wage offer distribution is endogenously determined. We use this model to analyze the comparative statics effects of increases in unemployment compensation on the unemployment rate and...
Persistent link: https://www.econbiz.de/10010684408
No abstract.
Persistent link: https://www.econbiz.de/10010684470
Between 1970 and 1978, industrial subsidies in Sweden rose from 4.9 % to 16 % of value added in mining and … manufacturing. Most of this increase was due to increased wage subsidies to specific firms facing acute difficulties. The Swedish …
Persistent link: https://www.econbiz.de/10010684541
This policy study uses U.S. Census microdata to evaluate how subsidies for universal telephone service vary in their … cost-effective than Lifeline, which calls into question a recent FCC (2012) decision to reduce Linkup subsidies in favor of …
Persistent link: https://www.econbiz.de/10011117290
subsidies, consumption taxes do better than uniform income taxes, but can be improved on locally via positive taxation of … physical capital income and a negative tax on labor income. With subsidies the first best can be achieved in a system where: (i …
Persistent link: https://www.econbiz.de/10005518307