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Persistent Differences in National Productivity Growth Rates with a Common Technology and Free Capital Mobility

Buiter, Willem H.; Kletzer, Kenneth - C.E.P.R. Discussion Papers - 1991

The paper develops a two-country endogenous growth model to investigate possible causes for the existence and persistence of productivity growth differentials between nations, even though these countries show a common technology, constant returns to scale and perfect international capital...

Persistent link: https://www.econbiz.de/10005792009

Allocative and Informational Externalities in Auctions and Related Mechanisms

Jehiel, Philippe; Moldovanu, Benny - C.E.P.R. Discussion Papers - 2006

We study the effects of allocative and informational externalities in (multi-object) auctions and related mechanisms …. Such externalities naturally arise in models that embed auctions in larger economic contexts. In particular, they appear … driving force behind many new, specific phenomena with allocative externalities: even in complete information settings …

Persistent link: https://www.econbiz.de/10005792072

Dynamic Processes of Social and Economic Interactions: On the Persistence of Inefficiencies

Gomes, Armando R; Jehiel, Philippe - C.E.P.R. Discussion Papers - 2001

This Paper considers the efficiency and convergence properties of dynamic processes of social and economic interactions, such as exchange economies, multilateral negotiations, merger and divestiture transactions, or legislative bargaining. The key general feature of the economy is that agents...

Persistent link: https://www.econbiz.de/10005792299

Environmental Tax Reform and Government Expenditure

Bonetti, Shane; FitzRoy, Felix - In: Environmental & Resource Economics 13 (1999) 3, pp. 289-308

effects of energy taxes, holding the real wage constant, under differing levels of government expenditure and externalities … Pigovian tax for plausible externalities. Copyright Kluwer Academic Publishers 1999 …

Persistent link: https://www.econbiz.de/10005722098

An Algorithm for Optimal Pigouvian Taxes Without Benefits Data

Bimonte, Salvatore - In: Environmental & Resource Economics 13 (1999) 1, pp. 1-11

The Pigouvian prescription to internalize external diseconomies and to achieve the optimum social equilibrium is well known: a unit tax on polluting activities equal to the marginal social damage arising at the after-tax optimal level of activity. If an authority imposes an effluent fee on...

Persistent link: https://www.econbiz.de/10005722212

Hybrid carbon incentive mechanisms and political acceptability

Vollebergh, Herman; Vries, Jan; Koutstaal, Paul - In: Environmental & Resource Economics 9 (1997) 1, pp. 43-63

This paper analyses how hybrid systems of carbon taxes and tradeable permits optimize some conflicting dimensions of political acceptability related to the design of these instruments. Pure systems like taxes without exemptions or auctioned tradeable permits cause problems for political...

Persistent link: https://www.econbiz.de/10005722225

The effect of complex models of externalities on estimated optimal tolls

Shepherd, Simon - In: Transportation 35 (2008) 4, pp. 559-577

Persistent link: https://www.econbiz.de/10005722838

Internalizing externalities of loss prevention through insurance monopoly: an analysis of interdependent risks

Hofmann, Annette - In: The Geneva Papers on Risk and Insurance Theory 32 (2007) 1, pp. 91-111

to these externalities, economic agents invest too little in prevention relative to the socially efficient level by … ignoring marginal external costs or benefits conferred on others. This paper analyzes an insurance market with externalities of …

Persistent link: https://www.econbiz.de/10005722872

On the Need for More Economic Assessment of Quarantine/SPS Policies

Anderson, Kym; James, Sarah - C.E.P.R. Discussion Papers - 1998

Quarantine policy reviews are becoming more sophisticated following the Uruguay Round’s Agreement on Sanitary and Phytosanitary (SPS) Measures and, in Australia’s case, following also the 1996 Nairn Report. Yet they still focus primarily on the effects of restrictions just on...

Persistent link: https://www.econbiz.de/10005656316

Etude Empirique du Choix de l'Heure de Depart au Travail.

de Palma, A.; Rochat, D. - Paris X - Nanterre, U.F.R. de Sc. Ec. Gest. Maths Infor. - 1995

Persistent link: https://www.econbiz.de/10005660678