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Optimal pollution control in a mixed oligopoly with research spillovers

Haruna, Shoji; Goel, Rajeev K. - 2018

certain conditions, the optimal pollution tax is positive; otherwise, the tax reverts to a subsidy. Comparing mixed and …

Persistent link: https://www.econbiz.de/10011800081

The impact of financial support to firms during crises : the case of Covid aid in the EU

Canzian, Giulia; Crivellaro, Elena; Duso, Tomaso; … - 2025

The Covid-19 pandemic caused a global economic crisis, leading governments to provide substantial State Aid to support firms. This paper examines the effectiveness of Covid-related financial support in Spain and Italy, focusing on its impact on firm recovery. Using a difference-in-differences...

Persistent link: https://www.econbiz.de/10015394152

Can cross-border pollution reduce pollution?

Hatzipanayotou, Panos; Lahiri, Sajal; Michael, Michael S. - 2000

We develop a North-South model of foreign aid and cross-border pollution resulting from production activities in the recipient country. There is both private and public abatement of pollution, the latter being financed through emissions tax revenue and foreign aid. We characterise a Nash...

Persistent link: https://www.econbiz.de/10009781641

Non-cooperative and cooperative policy reforms under uncertainty and spillovers

Hefeker, Carsten; Neugart, Michael - 2017

When countries need to implement costly economic policy reforms, these often imply uncertainties about their effectiveness for the home country and their spillovers to other countries. We develop a model to show that under these circumstances countries implement too few or too many policy...

Persistent link: https://www.econbiz.de/10011602603

Political economy of commuting subsidies

Borck, Rainald (contributor); Wrede, Matthias (contributor) - 2004

We study the political economy of commuting subsidies in a model of a mono-centric city with two income classes. Depending on housing demand and transport costs, either the rich or the poor live in the central city and the other group in the suburbs. Commuting subsidies increase the net income...

Persistent link: https://www.econbiz.de/10002521705

Equity and efficiency of childcare subsidies : a dynamic structural approach

Koll, David; Sachs, Dominik; Stürmer-Heiber, Fabian; … - 2023

bucket”. We analyze the MECR of an income-contingent childcare subsidy program and the income tax within the German context … forces. (i) Labor supply responses increase the MECR of the childcare subsidy relative to the income tax. (ii) Child … development effects decrease the MECR of the childcare subsidy relative to the income tax. For reasonably large Pareto weights on …

Persistent link: https://www.econbiz.de/10014435203

How to deal with covert child labour, and give children an effective education, in a poor developing country : an optimal taxation problem with moral hazard

Cigno, Alessandro - 2010

Given that credit and insurance markets are imperfect, and given also that intra-household transfers, and much of the work a child does, are private information, the second-best policy uses a combination of need and merit based education awards, together with a mix of taxes on parental income,...

Persistent link: https://www.econbiz.de/10003974574

Lobbying for education in a two-sector model

Di Gioacchino, Debora; Profeta, Paola - 2011

In a two-period model, firms specialized in two different sectors lobby to induce the government to subsidize the type of education complementary to their production. Lobbying is endogenous. We show that, if lobbying is not costly, both sectors will lobby in equilibrium and education policy will...

Persistent link: https://www.econbiz.de/10009127721

Green paradox and directed technical change : the effect of subsidies to clean R&D

Daubanes, Julien; Grimaud, André; Rougé, Luc - 2013

We borrow standard assumptions from the non-renewable-resource-taxation and from the directed-technical-change literatures, to take a full account of the incentives to perform R&D activities in a dirty-resource sector and in a clean-resource-substitute sector. We show that a gradual rise in the...

Persistent link: https://www.econbiz.de/10009769158

Corporate deductibility provisions and managerial incentives

Köthenbürger, Marko; Stimmelmayr, Michael - 2013

Using an agency model of firm behavior, the paper analyzes whether the cost of investment should be tax exempt. The findings suggest that, when managers engage in wasteful capital expenditures, welfare may decline if the cost of investment is tax deductible, as commonly advocated. The extent to...

Persistent link: https://www.econbiz.de/10010227267