Most public transport subsidies in developing countries are justified on equity or social grounds. However, it is not clear how well current subsidies meet these objectives. In this paper we evaluate several public ...

When there are externalities across households, governments can improve economic outcomes by equitably subsidizing education. But this chain of causality works only if (1) allocated resources reach the final recipients, ...

When there are externalities across households, governments can improve economic outcomes by equitably subsidizing education. But this chain of causality works only if (1) allocated resources reach the final recipients, ...

Interest-rate subsidies have been used to stimulate commodity stockholding, with the intention of stabilizing prices. However, reductions in price variability can be achieved at less government cost using a direct storage ...

"This article compares different incentive policies to encourage the development of renewable energy (RE). These incentive policies (carbon tax, feed-in tariff, premium payment and quota system) are modeled in a simplified ...