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| Thomson, Norm J.; Walsh, Cliff. |
| Public utilities which apply roughly uniform prices to all consumers often engage in cross-subsidisation - charging prices which are below cost for consumers in low population density areas but above cost for consumers in high density areas. The distributional and allocative implications of this practice are examined and it is concluded that some cross-subsidisation may be justifiable on welfare grounds even where no externalities exist. There is, however, little empirical evidence released by utilities to enable assessment of the efficiency of their practices. If nothing else, we highlight the need for greater public disclosure of pricing practices by public utilities. |
| Tipo: Journal Article |
Palavras-chave: Community/Rural/Urban Development; Public Economics. |
| Ano: 1981 |
URL: http://purl.umn.edu/22316 |
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| Thomson, Norm J.. |
| Death duties are allegedly a tax designed to redistribute accumulations of wealth. Therefore, to the extent that they are successful, one might expect death duties to inhibit the trend for wool-growing properties to become more capital-intensive. This aspect of death duties appears to be in complete contrast to other rural policy objectives designed to encourage on-farm investment. However, while a survey of 58 death duty-affected properties established that death duties do reduce the rate of capital accumulation, the impact appears to be less severe on the wealthy than the less-wealthy families. |
| Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries. |
| Ano: 1971 |
URL: http://purl.umn.edu/22984 |
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