Should public capital be subsidized or provided?
نویسندگان
چکیده
منابع مشابه
Ideas and Innovations: Which should be subsidized?
The Bayh-Dole Act allows universities to commercialize their research. University laboratories therefore have two sources of funds: direct grants from the government and funds from commercialization. In addition to giving direct subsidies to university laboratories, the government also subsidizes the commercial sector, for example, through tax credits. Subsidies to commerce contribute indirectl...
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Malaria kills over a million people each year. The loss of chloroquine due to the spread of parasite resistance is largely responsible for the resurgence of malaria. A new class of antimalarial drugs called artemisinins are available, but are unaffordable to most people in malaria-endemic countries and may quickly face the same fate as chloroquine unless they are combined with a partner drug. S...
متن کاملShould labor force participation be subsidized?
We study optimal taxation in an environment where the agents di er in their work opportunity costs. The opportunity cost of work is xed, independent of the number of hours worked: the only decision of the agents is to (full time) participate, or not, in the labor force. The planner, who does not observe the opportunity costs, is utilitarian. We nd a large class of planner objectives where it is...
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ژورنال
عنوان ژورنال: Journal of Monetary Economics
سال: 1998
ISSN: 0304-3932
DOI: 10.1016/s0304-3932(97)00072-x