We define the plutocratic bias as the difference between inflation measured according to the current official CPI and a democratic index in which all households receive the same weight. We estimate that during the 1990s the plutocratic bias in Spain amounts to 0.055 percent per year. However,...

In this paper we apply an environmentally extended input-output model to analyse a specific issue related to the Environmental Kuznets Curve hypothesis. The purpose is to study whether the consumption structure ofwealthier households has a positive effect on the reduction of environmental...

In recent years, issues relating to Chinese energy supply and consumption have drawn worldwide attention. The Chinese government maintains that the solution to energy demand issues should be resolved by improving domestic supply; but the regional availability of energy is irregular across China....

In recent years, issues relating to Chinese energy supply and consumption have drawn worldwide attention. The Chinese government maintains that the solution to energy demand issues should be resolved by improving domestic supply; but the regional availability of energy is irregular across China....

Indirect taxes on transportation activities that pollute can correct externalities and close the gaps between private and social costs. However, policy makers often find such Pigou taxes difficult to implement because of political resistance due to possibly adverse affects on equity. For this...