One of the important problems facing jurisdictions in an open economy is tax competition. This problem arises when the tax base is mobile among jurisdictions, in particular when they use source-based taxes on capital income to finance their public expenditure. Stigler ( 1957 ) was among the first to recognize the nature of this problem. If the tax base is mobile among jurisdictions, each jurisd...

This work examines the impact of German sources of capital on the Namibian economy. Two sets of equations are tested. The first set tests the effect that German development assistance and German capital goods have had on domestic GDP. The second set tests the effect of German development assistance on the Namibian government’s capital formation outlays. The German independent variables are subs...

This paper develops and simulates a dynamic general equilibrium macroeconomic model to analyze the likely impact of oil production and revenue rehabilitation on the Libyan economy, under different government fiscal policy responses. The model is ideally appropriate to analyze macroeconomic issues in oil-producing developing countries. In particular, it is capable of incorporating alternative go...

For most developing and transition countries, the integration of current and capital (or “development”) budgets is a major step towards improved budget management and more effective public finance institutions. Moving to a unified budget, however, can be a technically and managerially demanding task that involves legislative, institutional, budget presentation and expenditure management issues....

This xction explains the harvesting system selected. based upon topography, soil condition. arid tree si~c. L /I is a highly mechmized, capital intensive s)*stern which includes tracked fellerbulltYlers to rut and bunch the trees. and trucked forwarders to transport the bunched trees to a H*/IO/CJ tree chipper. The chips will be loaded into vans md trunsported to a designated site. The total ca...

Simulation is an ideal tool for addressing wide ranging issues in health care delivery. These issues involve public policy, patient treatment procedures, capital expenditure requirements, and provider operating policies. This tutorial presents example applications in each of these areas. Modeling, experimentation, and other project issues are discussed. A summary of technical issues, as well as...

The casting and hot rolling process is a most important and widely used industrial route to produce aluminum alloy sheet[I]. Because rolling is such a high volume process and the capital expenditure in plants and fabrication facilities is so large, even small cost savings or increases in efficiency can result in a very large total money savings[2, 3]. To remove the very costly and time-consumin...