Public Economics Commons^™

Subsidizing Non-Polluting Goods Vs. Taxing Polluting Goods For Pollution Reduction, Robert S. Main

Scholarship and Professional Work - Business

Pigovian taxes on polluters are politically unpopular, but subsidies for non-polluting sources are politically attractive. This paper presents a linear demand and supply model and numerical example to explore the trade-offs between taxing polluting sources of a good versus subsidizing non-polluting sources of the same good. While the model (along with the associated numerical example) shows the optimality of Pigovian taxes, it also shows how much welfare is reduced if subsidies for nonpolluters are employed instead. Further, it shows the optimal tax, given any level of subsidy and the optimal subsidy, given any level of tax.

The Primacy Of Context: An Exploration Into The Causes Of Food Insecurity In Kitere, Kenya., William O. Aludo

Capstone Collection

The purpose of this study was to explore the specific reasons why households in Kitere village, Kenya experience persistent food insecurity every year while the region enjoys the advantage of two planting/harvest seasons in a year. Kitere village lies within the lakeside region of Nyanza Province in Kenya, generally considered to be one of the more agriculturally productive parts of the country. The Participatory Rural Appraisal method was employed to gather qualitative data on the causes of food insecurity in Kitere village. The data sources were focus groups and a self-administered, one-time survey of random and non-random samples of key …

Valuation Of The Ecosystem Services Provided By Coastal Ecosystems In Shandong, China: Developing A Non- Market Valuation System, Jing Guo

Working Papers

Non-market valuation assesses the contributions of ecosystem services to human well-being by determining the preference of users. That is how much money users are willing to pay for ecosystem improvements or how much they are willing to accept for ecosystem losses. Through exploring these preferences, the natural capital can be accounted for economically and quantitatively. It can not only lead to better understanding of ecosystem benefits, but also make it possible to compare ecosystem services with other conventional goods and services (e.g. real estate) in monetary terms.

Shandong is a coastal province of China, which is located on the eastern …

Fdi Spillovers In Tanzania`S Manufacturing Sector, Johansein Rutaihwa

Johansein Rutaihwa

Using cross sectional data, this study analyses the spillover effects of foreign direct investment in Tanzania’s manufacturing sector. The findings reject a proposition that FDI intensity has improved domestic manufacturing firms productivity; no vertical technological spillovers occurred and a negative correlation between vertical spillover and FDI presence was found. Instead there is a positive correlation between FDI and horizontal technology spillover. The study, therefore, recommends that the government should make concerted efforts to ensure that FDI promotion addresses technology spillovers both within the industry and across the sector; as well as strengthening and widening the education system to enable it …

Analysis Of External Debt Dynamics In Ecowas Economies, A. C. Chuku

Economic and Financial Review

This paper recognised the importance of identifying the core determinants of external debt dynamics in ECOWAS economies. Using a panel dynamic generalised least squares procedure, the study sought to identify the core determinants of external debt dynamics in 12 ECOWAS economies from 1970 to 2009. Overall, the findings revealed six core determinants of external debt in ECOWAS economies. Inflation, external reserves, per capita income and real oil prices were inversely related with external debt ratio; while, GDP gap and real effective exchange rate depreciation directly affected external debt. Significant dissimilarities were observed in the influence of government size and inflation …

Tackling Undeclared Work In Croatia And Four Eu Candidate Countries, Colin C. Williams, Marijana Baric, Piet Renooy

Colin C Williams

No abstract provided.

The Role Of The Ocean Industry In The Chinese National Economy: An Input-Output Analysis, Rui Zhao

Working Papers

The OEAS (Ocean Economy Accounting System) has been established in China for 6 years. However, the economic impact of the ocean economy in China’s national economy has not yet been understood clearly at the national or regional levels. The direct impact of ocean industries in China at national and regional levels has been compiled for the period of 2001-2011, but it is still unclear what the overall economic impacts of ocean industries are in the national economy, and how the ocean industries interact with other industries in the national economy. China is similar to other ocean countries in that, - …

Mining, Uranium, Bert Chapman

Libraries Faculty and Staff Scholarship and Research

Provides an overview of uranium mining's role and influence in the American West with comparative information on uranium mining in foreign countries.

Subsidies, Agricultural, Bert Chapman

Libraries Faculty and Staff Scholarship and Research

Provides historical and contemporary information on U.S. Government agricultural subsidies and how they affect agricultural policy in the Western U.S.

Leakage, Welfare, And Cost-Effectiveness Of Carbon Policy, Kathy Baylis, Don Fullerton, Daniel H. Karney

Don Fullerton

We extend the model of Fullerton et al (2012) to explore cost-effectiveness of unilateral climate policy in the presence of leakage. We ignore the welfare gain from reducing greenhouse gas emissions and focus on the welfare cost of the emissions tax or permit scheme. Whereas that prior paper solves for changes in emissions quantities and finds that leakage maybe negative, we show here that all cases with negative leakage in that model are cases where a unilateral carbon tax results in a welfare loss. With positive leakage, however, a unilateral policy can improve welfare.

A Book Review Of Capitalist Manifesto: Understanding The Market Economy And Defending Liberty, Brad Ward

Journal for the Advancement of Developing Economies

The purpose of this paper is to review the book A Capitalist Manifesto: Understanding the Market Economy and Defending Liberty by Gary Wolfram. In a time of political unrest throughout the industrialized and developing world, Wolfram defends the free market economic system and educates the reader as to the various benefits of capitalism. According to the author, governments should create concise laws and regulations that allow individuals to pursue their ambitions without unnecessary interference. Wealth redistribution, a trait associated with socialism, leads to stagnant economies and minimal innovations. The roles that banks and the government play in the economy are …

Multinational Enterprise Entry Modes In Sub-Saharan Africa: An Eclectic Paradigm Perspective, Isaac Yao Addae, Martinez Vencia Addae

Journal for the Advancement of Developing Economies

The use of entry modes by multinational firms has received increased attention from international business scholars. Based on the context of sub-Saharan Africa, this research reviews the locational benefits offered to MNEs by in this region. Borrowing from the eclectic paradigm of international production, the research also examines the effects of each type of entry on the locational advantages offered to MNEs. Propositions are presented to suggest which mode of entry MNEs should pursue in African markets, based on the existence of locational advantages that complement existing firm-specific advantages. Practical and research implications are discussed, in addition to considerations for …

Environmental Innovations, Internationalisation And Local Factors, Massimiliano Mazzanti, Giulio Cainelli, Sandro Montresor

Massimiliano Mazzanti

No abstract provided.

Are Environmental Innovations Embedded Within Organizational Change?, Massimiliano Mazzanti, Davide Antonioli, Susanna Mancinelli

Massimiliano Mazzanti

No abstract provided.

Determinants Of Savings Rate In Rural Nigeria: A Micro Study Of Kwara State, Oluwakemi Adeola Obayelu

Journal for the Advancement of Developing Economies

The inability of households to save over time has significant influence on the rate of capital accumulation and economic growth in developing countries. In order to understand this trend, this research assesses savings rates and its correlates in rural Kwara state, Nigeria. A multistage sampling procedure was used to obtain data from 120 households. This was then analyzed using two descriptive statistics: the generalized linear model and the Tobit regression model. Results show that majority of the rural households were male-headed (81.0 percent) and combined farming with other non-farming activities (73.5 percent). The Tobit regression model reveals that age squared …

Exchange Rate Volatility And Foreign Direct Investment In Sub-Saharan Africa, Emmanuel Ekow Asmah, Francis Kwaw Andoh

Journal for the Advancement of Developing Economies

Foreign Direct Investment (FDI) is an important source of financing development. It enhances efficiency and raises skills of local manpower, facilitates transfer of technology, generates employment and promotes productivity resulting in broad welfare improvements. Although FDI could have a substantial impact on the growth of African economies, poverty reduction and the achievement of various dimensions of human development as articulated in the Millennium Development Goals, its flows to Africa, though growing steadily have been relatively low, volatile, and highly concentrated in a few countries. One of the factors that have been identified in the literature as key drivers of FDI …

The Gettysburg Economic Review, Volume 7, Spring 2013

Gettysburg Economic Review

No abstract provided.

China’S Local Government Debt And Economic Growth, Jia Qi Zhou

Gettysburg Economic Review

This paper explores the impact of China’s local government debt on economic growth. This analysis, based on a panel of 31 provinces over 14 years, takes into account a broad range of economic growth determinants as well as various estimation issues including heteroskedascity and omitted variable. The empirical results suggest an inverse relationship between China’s local government debt and economic growth, controlling for other determinants of growth: on average, a 10 percentage point increase in the debt-to-GDP ratio is associated with a slowdown in annual real per capita GDP growth of around 0.27 percentage points per year.

The Evolution Of Environmental And Labour Productivity Dynamics, Massimiliano Mazzanti

Massimiliano Mazzanti

No abstract provided.