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Full-Text Articles in Social and Behavioral Sciences
Efficiency Gains From Transferable Water Rights, Joseph Ziska
Efficiency Gains From Transferable Water Rights, Joseph Ziska
All Theses
In times of drought, mandatory water restrictions are a popular option for local governments to prevent water shortages. The state of South Carolina has had mandatory water restrictions in various counties for nearly a third of the past decade. If there are heterogeneous consumers with varying marginal valuations for water, these mandatory restrictions may be economically inefficient. I calculate what welfare gains could be achieved for the state by allowing prices to fluctuate instead of imposing mandatory restrictions.
To perform this calculation, I assume a basic quadratic demand function for water with constant income elasticity. The water restrictions force all …
Europe's Welfare - The Lisbon Agenda In A Broad Welfare Perspective (European Outlook). In Dutch: Europa's Welvaart -De Lissabon Agenda In Een Breder Welvaartsperspectief, Henk Lm Kox, Harold Creusen, Herman Stolwijk
Europe's Welfare - The Lisbon Agenda In A Broad Welfare Perspective (European Outlook). In Dutch: Europa's Welvaart -De Lissabon Agenda In Een Breder Welvaartsperspectief, Henk Lm Kox, Harold Creusen, Herman Stolwijk
Henk LM Kox
This European Outlook evaluates the results of EU's Lisbon Agenda. The study provides a quantitative analysis of changes in welfare and wellbeing of European citizens over the period 2000-2010. The study not only evaluates the changes in Europe's market sector (production, investment, GDP), but also indicators that measure changes with respect to non-market parts of welfare like natural environment and social-cohesion.
A Welfare Economic Analysis Of Labor Market Policies In The Harris-Todaro Model, Gary S. Fields
A Welfare Economic Analysis Of Labor Market Policies In The Harris-Todaro Model, Gary S. Fields
Gary S Fields
This paper presents a welfare economic analysis of the benefits of various labor market policies in the Harris-Todaro labor market model. The policies considered are a policy of modern sector job creation, which I call modern sector enlargement (MSENL); a policy of rural development, which I call traditional sector enrichment (TSENR); and a policy of wage limitation in the urban economy, which I call modern sector wage restraint (MSWR). First, I analyze the inequality effects of these policies. I then perform two welfare economic analyses, the first based on summary measures of labor market conditions (total labor earnings, unemployment, inequality …
Spatial Inequality As Constitutional Infirmity: Equal Protection, Child Poverty And Place, Lisa R. Pruitt
Spatial Inequality As Constitutional Infirmity: Equal Protection, Child Poverty And Place, Lisa R. Pruitt
Lisa R Pruitt
This is the first in a series of articles that maps legal conceptions of (in)equality onto the socio-geographical concept of spatial inequality, with a view to generating legal remedies for those living in places marked by socioeconomic disadvantage. Written for a symposium on “rural law,” this article considers in particular whether the funding and delivery of government services at the county level in the state of Montana violate the state’s constitution because of the grossly disparate abilities among Montana counties to finance and provide such services. Pruitt’s analysis focuses on children as a particularly vulnerable and immobile population, many of …