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2006

Economics

Master's Theses and Capstones

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Incidence Of Ticket Taxes And Fees In United States Domestic Air Travel, Joakim Karlsson Jan 2006

Incidence Of Ticket Taxes And Fees In United States Domestic Air Travel, Joakim Karlsson

Master's Theses and Capstones

The United States is currently witnessing a vigorous debate on public funding of air transportation and the role of taxes and fees levied on airline tickets. Yet, there is remarkably little economic literature on taxation in the U.S. airline industry. Analysis of a large sample of tickets for travel in the continental United States shows that the effective tax rate has increased from 11% in 1993 to 16% in 2005. While the tax structure and levels have changed over time, this increase is largely due to a historical decline.

The theory of tax incidence asserts that economic incidence is a …


Cape Wind: Public Values And Perceptions Application Of Contingent Valuation Method, Eric Steltzer Jan 2006

Cape Wind: Public Values And Perceptions Application Of Contingent Valuation Method, Eric Steltzer

Master's Theses and Capstones

The Cape Wind proposal to build 130 turbines in Nantucket sound has been a central figure in development of renewable energy in New England. The aim of this study was two fold. First, the contingent valuation method was used to estimate an economic value the public has on policy for the preservation of Nantucket sound, within the scopes of the project. The second goal was to identify lessons that could be learned from the Cape Wind proposal and applied to future renewable energy projects in New England.

Results revealed that the public has a positive economic value for a policy …