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  1. Lifecycle economic analysis of biofuels
    accounting for economic substitution in policy assessment
    Published: August 26, 2015
    Publisher:  School of Economic Sciences, Washington State University, [Pullman]

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    No inter-library loan
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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper series / School of Economic Sciences, Washington State University ; WP 2015-16
    Subjects: carbon-emission reduction; input substitution; lifecycle analysis; tax policy; technology switching
    Scope: 1 Online-Ressource (circa 48 Seiten), Illustrationen
  2. Public and private expenditures on human capital accumulation in India
    Published: 2015
    Publisher:  WIDER, Helsinki

    We study a model of human capital driven growth, where the parent's human capital serves as a productive input in the child's human capital production only when that of the former exceeds a minimum level required to intellectually contribute to the... more

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 248 (2015,24)
    No inter-library loan

     

    We study a model of human capital driven growth, where the parent's human capital serves as a productive input in the child's human capital production only when that of the former exceeds a minimum level required to intellectually contribute to the child's learning. Private and public expenditures on education enter in the child's human capital production function, and are allowed to vary in terms of substitutability and relative productivity. Households receive income from labor and face both labor and consumption taxes. The government receives consumption tax revenues and a proportion of income tax revenues and spends these revenues on public education. We simulate the model to a state in India and experimentally increase public education spending through various tax instruments. We find: (i) large changes in education funding have very small effects on growth and on the evolution of income inequality; (ii) raising the consumption tax generates about as much economic growth as realizing an increase in the center-state transfer from the federal level, and (iii) financing this increase in public spending through the labor tax increases economic growth by less than utilizing the consumption tax; however, it reduces inequality by more than utilizing the consumption tax. Hence, there is growth-inequality trade-off.

     

    Export to reference management software   RIS file
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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/126345
    Series: Working paper / World Institute for Development Economics Research ; 2015/024
    Subjects: human capital; tax policy; public education; inequality; Indian economic growth
    Scope: Online-Ressource (41 S.), graph. Darst.