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Registros recuperados: 29 | |
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Austin, David H.; MacAuley, Molly K.. |
This paper describes a model for estimating, in a probabilistic framework, expected future consumer surplus from planned new product innovations. The model has been applied to estimations of taxpayer benefits from NASA's New Millenium Program (NMP), which develops new technologies for space science, and to the digital data storage technologies being supported by the Department of Commerce's Advanced Technology Program (ATP). The model uses cost index methods based on consumers' estimated marginal valuation for quality improvements in the technology. Probabilistic values for performance increases are taken from the innovators' own expectations. The analysis reveals the sensitivity of welfare increases to these values, which are assumed to be biased upward.... |
Tipo: Working or Discussion Paper |
Palavras-chave: Quality-adjusted cost index; Consumer surplus; Innovation; Environmental Economics and Policy; O32; H43; D60. |
Ano: 1998 |
URL: http://purl.umn.edu/10655 |
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Burtraw, Dallas. |
This paper reports on four areas of research concerning Title IV of the 1990 Clean Air Act Amendments that regulates emissions of SO2 from electricity generation. The first is the costs of the program over the long-run as estimated from the current perspective taking into account recent changes in fuel markets and technology. We compare projected costs with potential cost savings that can be attributable to formal trading of emission allowances. The second area is an evaluation of how well allowance trading has worked to date. The third area is the relationship between compliance costs and economic costs from a general equilibrium perspective. The fourth area is a comparison of benefits and costs for the program. |
Tipo: Working or Discussion Paper |
Palavras-chave: Acid rain; Benefit-cost analysis; Air pollution; Permit trading; Clean Air Act; Environmental Economics and Policy; H43; Q2; Q4. |
Ano: 1998 |
URL: http://purl.umn.edu/10885 |
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Duflo, Esther; Pande, Rohini. |
The construction of large dams is one of the most costly and controversial forms of public infrastructure investment in developing countries, but little is known about their impact. This paper studies the productivity and distributional effects of large dams in India. To account for endogenous placement of dams we use GIS data and the fact that river gradient affects a district's suitability for dams to provide instrumental variable estimates of their impact. We find that, in a district where a dam is built, agricultural production does not increase but poverty does. In contrast, districts located downstream from the dam benefit from increased irrigation and see agricultural production increase and poverty fall. Overall, our estimates suggest that large... |
Tipo: Working or Discussion Paper |
Palavras-chave: Dams; Development planning; Program evaluation; India; Public Economics; O21; O12; H43; H23. |
Ano: 2005 |
URL: http://purl.umn.edu/28373 |
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Kovacs, Kent F.; Larson, Douglas M.. |
An individual's rate of time preference is an important consideration for individuals deciding whether to support a public good since the benefits of a public good often come in the future. Our study finds individual discount rates from a contingent valuation method (CVM) question where the time frame of the payment schedule is varied across surveys. We find discount rates similar to the rates found in the recent revealed preference and experimental literature of around 30%. Our CVM question addresses the preservation of additional open space adjacent to a large regional park at the urban fringe of Portland, Oregon. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Resource /Energy Economics and Policy; H43; Q51; Q15. |
Ano: 2007 |
URL: http://purl.umn.edu/9743 |
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Parry, Ian W.H.. |
Certain types of expenditure--e.g. mortgage interest and medical insurance- receive favorable tax treatment and are effectively subsidized relative to other (non-tax-favored) expenditures. Labor taxes (e.g. income taxes) can therefore produce efficiency losses by distorting the allocation of consumption, in addition to distorting the labor market. Using evidence on the responsiveness of taxable income to changes in tax rates, a seminal study by Feldstein (1999) estimates that the marginal excess burden of taxation (MEB) could exceed unity, when the effects of tax deductions are taken into account. This is several times larger than in previous studies of the MEB that focus exclusively on labor market effects. This paper develops a "disaggregated" approach... |
Tipo: Working or Discussion Paper |
Palavras-chave: Welfare costs; Tax system; Tax deductions; Simulations; Political Economy; H21; H43. |
Ano: 1999 |
URL: http://purl.umn.edu/10801 |
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Registros recuperados: 29 | |
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