Showing 101 - 110 of 1,995
Persistent link: https://www.econbiz.de/10010944749
This paper investigates the hypothesis that local politics has an impact on local taxation in the French public sector by using a cross-sectional dataset on departments in 1999. Political variables are included in a tax-setting equation to provide empirical evidence whether local governments in...
Persistent link: https://www.econbiz.de/10010944750
Persistent link: https://www.econbiz.de/10010944751
We study a continuous-time principal-agent model in which a risk-neutral agent with limited liability must exert unobservable effort to reduce the likelihood of large but relatively infrequent losses. Firm size can be decreased at no cost or increased subject to adjustment costs. In the optimal...
Persistent link: https://www.econbiz.de/10010944752
Entretien avec Fabrice Etilé, auteur de l'ouvrage "Obésité : santé publique et populisme alimentaire" paru aux Editions Rue d'Ulm, 2013, 124 pages.
Persistent link: https://www.econbiz.de/10010944753
The deforestation factors at a global level have been widely studied in the empirical economic literature. However, the high heterogeneity among countries considerably limits the overall significance of the results. Using quantile approach, we show thatsome major deforestation factors are more...
Persistent link: https://www.econbiz.de/10010944754
The 2008 food crisis has challenged the political legitimacy and economic efficiency of the liberalization of international agricultural trade. An alternative vision defended by the food sovereignty movement is that long-term food security cannot rely on dependency on food imports, but must be...
Persistent link: https://www.econbiz.de/10010929530
Empirical demand systems that do not impose unreasonable restrictions on preferences are typically non-linear. We show, however, that all popular systems possess the property of conditional linearity. A computationally attractive iterated linear least squares estimator (ILLE) is proposed for...
Persistent link: https://www.econbiz.de/10010932105
We study the welfare-theoretic consequences of diverging social and private time-preference rates and time-to-build for the transition to a low-carbon energy industry. We show that time-to-build, a prevalent characteristic of capital accumulation in the energy sector, amplifies the distortion...
Persistent link: https://www.econbiz.de/10010932106
We provide a new experimental investigation of the neutrality theorem of Warr (1983), according to which “when a single public good is provided at positive levels by private individuals, its provision is unaffected by a redistribution of income". Our experimental design differs from Chan...
Persistent link: https://www.econbiz.de/10011210789