Economic Instruments

Using economic instruments to

Air transport has become a vital component of the global economy. However, greenhouse gas emissions from this sector have a significant impact on global climate, being responsible for over 3.5% of all anthropogenic radiative forcing. Also, the accrued visibility of aircraft emissions greatly deteriorates the public image of the industry. In this context, incentive-based regulations, in the form...

Economic Instruments for Habitat Conservation

Speed of Convergence And Economic Policy Instruments

This article presents an innovative methodology to empirically evaluate the response of the rate of convergence in the neoclassical growth model to changes in the conditional factors. We apply this method to test the sensitivity of the speed of convergence in the EU-15 during the period 1980-2002 to increases in human and public capital. INTRODUCTION The relation between private productivity an...

Economic Impact Studies: Instruments for Political Shenanigans?

attributed to tourists. It is the return that residents receive that is important, rather than only that proportion of the total return that filters back to the council. Economic impact analyses have an obvious political mission. They invariably are commissioned by tourism entities and usually are driven by a desire to demonstrate their sponsors’ positive contribution to the economic prosperity...

Cost-effective design of economic instruments in nutrition policy

This paper addresses the potential for using economic regulation, e.g. taxes or subsidies, as instruments to combat the increasing problems of inappropriate diets, leading to health problems such as obesity, diabetes 2, cardiovascular diseases etc. in most countries. Such policy measures may be considered as alternatives or supplements to other regulation instruments, including information camp...