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In this paper, we study a long-run disaggregated model of consumption following an approach based on an integrated cross-section and time-series demand system. The study consists of three steps. First, a cross-section analysis is performed on data from household budget surveys. At this stage,...
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The reaction of energy demand to price changes is a key policy issue as it describes the economy's reaction to changes in market conditions or to policy interventions. The issue is even more important for the Italian economy, highly exposed to energy price changes, given its almost complete...
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Environmental Tax Reforms (ETRs) have recently enjoyed renewed widespread attention as a tool aimed at GHG emission abatement. In this paper the efficacy of energy-related taxes in relation to Italian firms’ behaviour is analyzed. A translog model is used to estimate factor demands for a panel...
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Il lavoro affronta il problema tradizionale delle riforme fiscali graduali con uno strumento di analisi nuovo per questo campo, quello della dominanza stocastica. Le indicazioni di riforma, così ottenute, hanno una portata più generale in quanto si riduce la loro dipendenza dalla specifica...
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