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Why free trade may hurt developing countries
(1997)
This paper builds a general equilibrium trade model where a country produces two traded goods and one nontraded public consumption good. The government finances the provision of the public good by taxing the incomes of ...
The optimal tariff for public good and public input provision
(1997)
It is well known that when tariff revenue is distributed to consumers as a lump sum, the optimum policy for a small country is free trade because a tariff reduces its welfare. Many less-developed countries, however, use ...
Spillovers from publicly financed R&D capital in high-tech industries
(1999)
This paper employs a dynamic production model to examine the short-run effects of publicly financed R&D capital on the cost structure of six high-tech US manufacturing industries. The results show that, given an industry's ...
Comparison of alternative tax and transfer treatment of children using adult equivalence scales
(1997)
This paper estimates adult equivalence scales in the context of a nonlinear demand system using cross-section individual household data. It then evaluates the treatment of children under the tax allowance and child benefit ...