1,147 research outputs found

    How does state ownership affect optimal export taxes?

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    This note discusses the influence of state ownership on optimal export taxes. We demonstrate an invariance theorem: the degree of state ownership affects neither the level of socially optimal export levels nor welfare nor the level of optimal trade taxes.

    Simultaneous Supplies of Dirty Energy and Capacity Constrained Clean Energy : Is There a Green Paradox?

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    Marc Gronwald and Luise Roepke gratefully acknowledge ïŹnancial support by the German Federal Ministry of Education and Research. The authors are indebted to the editors and two anonymous reviewers for their very helpful comments and guidance.Peer reviewedPublisher PD

    Voluntary Contributions to a Public Good: Non-neutrality Results / Contributions volontaires, biens publics

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    We show that the famous neutrality result in the theory of public good contributions (Warr, Kemp, Bergstrom, Blume and Varian) depends crucially on the assumption that agents do not take into account the effect of their public good contribution decisions on the relative price of the private goods. Thus, the scope of applicability of their result is not as large as one might at first think. Our non-neutrality results hold even if all countries are identical in technology, preferences, and endowments. Nous dĂ©montrons que le thĂ©orĂšme sur l’invariance du stock total d’un bien public par rapport Ă  la distribution de revenus n’est valable que si les contributeurs ignorent l’impact de leurs contributions sur le prix relatif des biens privĂ©s. Par consĂ©quent, le rĂ©sultat de Warr, Kemp, Bergstrom, Blume et Varian n’a qu’une sphĂšre d’application limitĂ©e. Nos rĂ©sultats sur le manque de neutralitĂ© sont valables mĂȘme si les prĂ©fĂ©rences, les technologies, et les dotations de ressources de tous les pays sont identiques.public goods, voluntary contributions,
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