The estimation of the demand for electricity is important in the appraisal of power projects because it often affects the benefits of the projects. For projects that involve a decision about the timing of investment- when to install new capacity to meet the demand- the precision of the...

The Canadian economy experienced an increasing rate of inflation during the last half of the 1960s.The latter part of this period; interest rates reached levels higher than had been experienced for several decades. This study attempts to explain how the levels of interest rates are determined and...

An electric utility operating to satisfy the instantaneous demand for electricity by its customers has investment and daily operation decisions are dominated by two cost items, capacity cost and fuel cost. This is not surprising for an industry whose business is employing capital to convert raw...

This paper evaluates the degree to which the American tax treatment of foreign earned income neutralizes the incentive effects of change in Canadian corporation income tax policies. The value of the tax transfers that would take place between the United States and Canadian treasuries for various...

Revenue collection requires the intensive exchange of financial information on economic transactions, revenues, expenditures, and incomes with a high degree of voluntary compliance. Furthermore, over the past 15 years the world has experienced a revolution in communication and information...

This report reviews the current administration of income and tax policy issues in Zambia and makes recommendations for reform of the income tax law and administration of the laws.

A Bolivian Mining cost index is constructed by combining the prices of the key commodities and weighting them according to their impact on the cost structure of the sector. Such a mining cost index could be estimated quarterly semi-annually, or annually according to the availability of the...

A common assumption in the economic literature when measuring the effective rate of corporation taxation or estimating the cost of capital is that all the tax incentives can be utilized by the firms in the period that the incentives are legally available to them. For this assumption to hold...

While previous analysis of the consumer credit market have allowed for a rationing of funds between potential borrowers by means of models reflecting the retail market for funds, this paper examines the consumer credit market from the perspective of the derived demand for funds by the financial...

The system outline here is designed to make the maximum use of the great advances and cost savings arising in modern communication. Fax and electronic mail allow for almost instant communication at very low cost between Bolivia and almost every other country in the world. As a consequence, the...