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Government Revenue Volatility: The Case of Alberta, an Energy Dependent Economy
Landon, Stuart; Smith, Constance - 2010
The Alberta government is heavily exposed to energy price volatility as it relies to a great extent on revenue derived … royalty payments are of similar size and volatility as those of other provinces. Several methods to reduce the volatility of … to have a minor effect on overall revenue volatility since Alberta’s royalty revenues are such a large share of total own …
Persistent link: https://www.econbiz.de/10011496126
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Is Norway's bird-in-hand stabilization fund prudent enough? : fiscal reactions to hydrocarbon windfalls and graying populations
Harding, Torfinn; van der Ploeg, Frederick - 2009
We estimate fiscal reaction functions for non-hydrocarbon tax and public spending shares of national income and for debt management strategies adopted by Norway and compare these with rules that would prevail under the permanent income hypothesis and bird-in-hand rule. We conclude that the...
Persistent link: https://www.econbiz.de/10010276231
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Energy Prices, Subsidies and Resource Tax Reform in China
Zhang, ZhongXiang - 2014
The Chinese leadership in November 2013 determined to embark upon a new wave of comprehensive reforms in China. This is clearly reflected by the key decision of the Third Plenum of the 18th Central Committee of Communist Party of China to assign the market a decisive role in allocating...
Persistent link: https://www.econbiz.de/10010491218
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Programs, Prices and Policies Towards Energy Conservation and Environmental Quality in China
Zhang, ZhongXiang - 2014
China has gradually recognized that the conventional path of encouraging economic growth at the expense of the environment cannot be sustained. It has to be changed. This article focuses on China's efforts towards energy conservation and environmental quality. The article discusses a variety of...
Persistent link: https://www.econbiz.de/10010398392
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Energy Price Reform in China
Zhang, ZhongXiang - 2018
The Chinese leadership has determined to assign the market a decisive role in allocating resources. To have the market to play that role, getting the energy prices right is crucial because this sends clear signals to both producers and consumers of energy. While the overall trend of China’s...
Persistent link: https://www.econbiz.de/10011957010
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Günstige Aufkommensperspektiven - Steuererhöhungen nicht erforderlich
Gebhardt, Heinz; Kambeck, Rainer - In: Wirtschaftsdienst 93 (2013) 6, pp. 377-383
Nach der aktuellen Prognose des Arbeitskreises 'Steuerschätzungen' wird das Steueraufkommen von 600 Mrd. Euro 2012 bis zum Jahr 2017 auf knapp 705 Mrd. Euro steigen. Verfügt der Staat damit über ausreichend hohe Finanzmittel, so dass sich sogar Spielräume für Steuersenkungen bieten? Die...
Persistent link: https://www.econbiz.de/10010327959
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Analyse der finanzkraftbestimmenden Rahmenbedingungen und strukturellen Spezifika ostdeutscher Flächenländer
Eck, Alexander; Fritzsche, Carolin; Kluge, Jan; … - 2015
Die unverändert geringe Wirtschaftskraft, die Steuerprogression und die geltenden Zerlegungsregeln sind die Kernursachen der niedrigen Steuerkraft in Ostdeutschland. Dies geht aus einer Studie der Dresdner Niederlassung des ifo Instituts im Auftrag des Sächsischen Staatsministeriums der...
Persistent link: https://www.econbiz.de/10011698459
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Energy Dependency and Long-Run Growth
Novelli, Giacomo - 2022
showing that the energy price volatility negatively affects the long-run economic growth of countries with a low degree of …
Persistent link: https://www.econbiz.de/10013470533
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Incentive structure, civil service efficiency and the hidden economy in Nigeria
Salisu, Mohammed - 2001
Successive governments in Nigeria have introduced reforms aimed at improving the efficiency and effectiveness of the civil service. Still, the service remains inefficient and incapable of reforming itself, let alone the rest of the economy. Corruption has become an endemic feature of public...
Persistent link: https://www.econbiz.de/10010279050
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Natural resources, volatility, and inclusive growth: Perspectives from the Middle East and North Africa
Arezki, Rabah; Nabli, Mustapha - 2012
experienced relatively low and non inclusive economic growth as well as high levels of macroeconomic volatility. Important …
Persistent link: https://www.econbiz.de/10010282052