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作者：Pecorino, P
作者单位：University of Alabama System; University of Alabama Tuscaloosa
摘要：The ability to cooperate in the provision of a pubic good is analyzed in a repeated game. Holding the level of provision fixed, with quasi-linear utility we find that the critical value of the discount parameter converges to 0 in the limit. Thus, cooperation is feasible in a large market. Next, we allow the level cooperation to be adjusted optimally as the group size increases, both for a specific form of quasi-linear utility and for Cobb-Douglas utility. In each case, we find that there are a...
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作者：Cadsby, CB; Maynes, E
作者单位：University of Guelph; York University - Canada
摘要：This paper examines experimentally the effects of allowing individuals to contribute any desired proportion of their endowments toward a threshold public good. Permitting continuous rather than binary all-or-nothing contributions significantly increases contributions and facilitates provision. A money-back guarantee further encourages provision, especially when the threshold is high. A high threshold discourages provision in the absence, but not in the presence of a money-back guarantee. High ...
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作者：Levinson, A
作者单位：University of Wisconsin System; University of Wisconsin Madison; National Bureau of Economic Research
摘要：This paper links the theoretical and empirical literatures on interjurisdictional tax and regulatory competition, focusing on the case of state hazardous waste disposal taxes. It begins by demonstrating that local environmental taxes can be inefficient, and that the inefficiency depends on the tax elasticity of polluters' responses. The paper then uses panel data from the Toxics Release Inventory to estimate the magnitude of the tax elasticities, and to demonstrate the empirical relevance of t...
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作者：Farrell, L; Walker, I
作者单位：Keele University
摘要：This paper estimates the demand for lottery tickets using pooled cross section data that contain individual incomes and extensive information about characteristics. One of the cross sections corresponded to a draw which was a 'double rollover' - the jackpot was enhanced by adding the two previous draws' jackpots which had not been won. Together, these datasets provide sufficient observations facing different 'prices' to allow us to estimate the 'price' elasticity as well as the income elastici...
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作者：Razin, A; Sadka, E
作者单位：Tel Aviv University
摘要：Being relatively low earners, migrants are net beneficiaries of the welfare state. Therefore, in a static set-up, migration may be resisted by the entire native-born population. However, it is shown that in a dynamic set-up, with a pension system (which is an important pillar of any welfare state) migration is beneficial to all income (high and low) and all age (old and young) groups. (C) 1999 Elsevier Science S.A. All rights reserved.
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作者：Lockwood, B
作者单位：University of Warwick; University of Warwick; Centre for Economic Policy Research - UK
摘要：This paper considers the problem facing a central government which can insure regional governments (by use of intergovernmental grants) against region-specific and privately observed shocks either to income, or demand for, or cost of, the public good. Notable results are: (i) depending on the source of the shock, the grant may induce over- or undersupply of the public good relative to the Samuelson rule; (ii) with public good spillovers between regions, there is two-way distortion of public go...
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作者：van Wijnbergen, S; Estache, A
作者单位：University of Amsterdam; The World Bank
摘要：King-Fullerton methodology cannot assess the minimum-asset tax because it cannot handle uncertainty. We present an alternative based on option pricing, and show how carryover rules, depreciation conventions, and uncertainty affect the MAT burden. Using Brazilian data, we show (A) because of the high intersectoral variance of returns on capital, the MAT does not reduce sectoral distortions; (B) while high variance raises the MAT burden, high risk firms are not hit harder by the MAT: high-risk f...
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作者：Martin, P
作者单位：Institut Polytechnique de Paris; Ecole des Ponts ParisTech
摘要：This paper constructs a two-region endogenous growth model where industrial location and public infrastructures play a key role. The model analyzes the contribution of different types of public policies on growth, economic geography and spatial income distribution. It implies that an improvement in infrastructures that reduces transaction costs inside the poorest region decreases both the spatial concentration of industries, and the growth rate, and increases the income gap between the two reg...
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作者：Latham, R
作者单位：York University - Canada
摘要：This paper derives necessary and sufficient conditions for the difference between the compensating and equivalent variations due to a change in an exogenously determined commodity to be positive, zero, or negative. These conditions are expressed both in terms of the forms of the conditional expenditure and indirect utility functions and in terms of the exogenously determined commodity's notional aggregate elasticity of substitution for the other commodities, its notional income elasticity, and...
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作者：Glazer, A; Konrad, KA
作者单位：University of California System; University of California Irvine; Free University of Berlin
摘要：We consider taxes on firms which engage in rent-seeking contests. The taxes can be on realized profits or on rent-seeking expenditures. The prize can be awarded to either the highest bidder, or to a firm with probability proportional to its share of total spending on lobbying. We find the conditions under which taxes do not reduce rent-seeking effort, generate tax revenue with no tax burden, and cause no reduction in the profits of firms. (C) 1999 Elsevier Science S.A. All rights reserved.
