Open Access. Powered by Scholars. Published by Universities.®

Economics Commons™

Open Access. Powered by Scholars. Published by Universities.®

Public Economics

Selected Works

1998

Articles 1 - 3 of 3

Full-Text Articles in Economics

Spatial Boundaries And Choice Set Definition In A Random Utility Model Of Recreation Demand, George R. Parsons, A Brett Hauber Jan 1998

Spatial Boundaries And Choice Set Definition In A Random Utility Model Of Recreation Demand, George R. Parsons, A Brett Hauber

George Parsons

We are concerned with the definition of choice set used in Random Utility Models of recreation demand. In particular, we are concerned with the spatial boundaries used to define choice sets. In this paper, using a model of day-trip fishing in Maine, we examine the sensitivity of parameter and welfare estimates to changes in the spatial boundary. We fine that there exists some threshold distance beyond which adding more sites to the choice set has negligible effects on the estimation results.

Go to article

Environmental Taxes And The Double-Dividend Hypothesis: Did You Really Expect Something For Nothing?, Don Fullerton, Gilbert Metcalf Dec 1997

Environmental Taxes And The Double-Dividend Hypothesis: Did You Really Expect Something For Nothing?, Don Fullerton, Gilbert Metcalf

Don Fullerton

The "double-dividend hypothesis" suggests that increased taxes on polluting activities can provide two kinds of benefits. The first dividend is an improvement in the environment, and the second dividend is an improvement in economic efficiency from the use of environmental tax revenues to reduce other taxes such as income taxes that distort labor supply and saving decisions. In this paper, we make four main points. First, the validity of the double-dividend hypothesis cannot logically be settled as a general matter. Second, the focus on revenue in this literature is misplaced. We demonstrate that three policies have equivalent impacts on the …

Go to article

People Adrift: Migration And Development (In Dutch), Free University, Amsterdam, Henk Lm Kox, Ko Heins Dec 1997

People Adrift: Migration And Development (In Dutch), Free University, Amsterdam, Henk Lm Kox, Ko Heins

Henk LM Kox

People adrift is an edited volume that offers a rich perspective on migration and development. The introductory chapter by both editors provides an analytic survey of the major issues and their relations. The ten next chapters deal with migration motives, economic mechanisms, environmental issues, social and economic impacts on regions, relation with refugee flows and immigration barriers.

Go to article