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Welfare implications of car feebates: A simulation analysis
(2014)
Vehicle taxation based on CO2 emissions is increasingly being adopted worldwide to shift consumer purchases to low-carbon cars, yet evidence on its effectiveness and economic impact is limited. We focus on feebate schemes, ...
Trade-offs in CO2-oriented vehicle tax reforms: A case study of Greece
(2012)
We estimate demand for automobiles in Greece using a model of product differentiation and use the model to evaluate carbon-based tax schemes that could shift consumer purchases towards low CO2 emission cars. We find that ...
Quality standards for used durables: An indirect subsidy?
(2008)
We construct a theoretical framework to study the impact of quality standards for used durable goods on trade flligatureows, profiligaturets and consumer welfare. We show that asymmetric quality standards generate trade ...
Intermediaries as quality assessors: Tour operators in the travel industry
(2008)
Intermediaries often arise in order to facilitate trade in markets characterized by asymmetric information. In the travel industry, policymakers have tried to address information asymmetries by providing hotel ratings. We ...
Modeling the diffusion of strategies: An application to exporting
(2009)
We examine whether the spread of an exporting strategy can be characterized as a diffusion process using a general framework that accounts for attrition and changes in the pool of potential adopters and allows the diffusion ...
A new data set on competition in national banking markets
(2015)
We estimate the degree of competition in the banking sectors of 148 countries over the period 1997-2010 using three methods: the Lerner index, the adjusted Lerner index, and the profit elasticity. Marginal cost estimates ...