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Distribution of tax revenue among municipalities - which are constitutionally official federal entities in Brazil - is … municipalities harbor low-income workers who have to commute back to employment opportunities. As a result, urban landscape in Brazil … information for 5,212 municipalities out of 5,565 ones in Brazil. Thus, this study describes and characterizes neighboring …
Persistent link: https://www.econbiz.de/10009727426
Germany since 1945. For non-agglomeration municipalities that lie on a convenient route between two larger cities the access … that highway access influences local tax setting in municipalities within 5 to 10 km road distance. Improved accessibility … increases property tax factors persistently by roughly 6 percentage points. Our effects are driven by peripheral municipalities …
Persistent link: https://www.econbiz.de/10012159078
Persistent link: https://www.econbiz.de/10001344434
We use a calibrated multi-sector DSGE model to analyze the likely impact of oil windfalls on the Ghanaian economy, under alternative fiscal and monetary policy responses. We distinguish between the short-run impact, associated with demand-related pressures, and the medium run impact on...
Persistent link: https://www.econbiz.de/10013143195
We use a calibrated multi-sector DSGE model to analyze the likely impact of oil windfalls on the Ghanaian economy, under alternative fiscal and monetary policy responses. We distinguish between the short-run impact, associated with demand-related pressures, and the medium run impact on...
Persistent link: https://www.econbiz.de/10014402869
This paper uses a model of intergenerational accounting to simulate the intergenerational distribution of oil wealth in Venezuela. Venezuelan oil production does not seem to follow an optimal extraction path. Nevertheless, this is true if we do not consider what the government does with the...
Persistent link: https://www.econbiz.de/10012583980
We present a simple model of petroleum exploration and development that can be applied to study the performance of alternative tax systems and identify potential distortions. Although the model is a highly simplified, it incorporates many factors and some of the key tradeoffs that would...
Persistent link: https://www.econbiz.de/10013089305
This paper suggests that the environmental and commercial features of shale gas extraction do not warrant a significantly different fiscal regime than recommended for conventional gas. Fiscal policies may have a role in addressing some environmental risks (e.g., greenhouse gases, scarce water,...
Persistent link: https://www.econbiz.de/10012928619
, these resources began to be distributed between all municipalities and departments through various funds and according to …-national governments. For municipalities, these funds are twice the amount collected by two of the most important municipal taxes, property …,025 municipalities. Unlike conventional impact evaluations comparing treatment and control groups, the dose-response analysis compares …
Persistent link: https://www.econbiz.de/10011400447
municipality level in 2012 employing a dose-response analysis, for a sample of 1,025 municipalities. It was found that in the 93 …% of municipalities, where the proportion of royalties in their total revenues are less or equal to 20%, the fiscal … resources but did not guarantee their appropriation by the municipalities, these results can be explained by the low execution …
Persistent link: https://www.econbiz.de/10010779915