This paper reviews the empirical literature assessing the effects of subsidies for professional sports franchises and facilities. The evidence reveals a great deal of consistency among economists doing research in this area. That evidence is that sports subsidies cannot be justified on the grounds of local economic development, income growth or job creation, those arguments most frequently used...

This paper examines regulatory incentive mechanisms for efficient investment in the transmission network, taking into account both technological externalities among transmission lines and information asymmetry between the regulator and the transmission company (Transco). First, by adding extra constraints associated with the power flow, we develop an extended price cap mechanism that can intern...

Single Mothers Working at Night: Standard Work, Child Care Subsidies, and Implications for Welfare Reform Using a data set from the post welfare reform environment (the 1999 National Survey of America’s Families), this paper investigates the impact of child care subsidies on the standard work (i.e., work performed during the traditional work hours of 8 a.m. and 6 p.m. through Monday and Friday)...

Since fossil fuel subsidies entail significant economic, fiscal, social and environmental costs, more and more attention is being paid to phasing out fossil fuel subsidies. The OECD has recently completed a report quantifying the amount of both producer and consumer subsidies for their member countries, and some work has been implemented on analyzing the effects of consumer subsidy removal. How...

Indianapolis, Indiana This paper reports the results of research and analysis undertaken by Census Bureau staff. It has undergone a Census Bureau review more limited in scope than that given to official Census Bureau publications. This report is released to inform interested parties of ongoing research and to encourage discussion of work in progress. Abstract According to the recommendations of...

CAP subsidies and productivity of the EU farms Marian Rizov, Jan Pokrivcak and Pavel Ciaian 1 [Original submitted June 2012, Revision received March 2013, Accepted May 2013] Abstract The paper investigates the impact of the Common Agricultural Policy (CAP) subsidies on farm total factor productivity (TFP) in the European Union (EU). We employ a structural semiparametric estimation algorithm dir...

Abstract Subject and purpose of work: Using renewable organic material for energy generation exhibits an increasing trend globally, also in Hungary. The aim the Renewable Energy Action Plan European Union is to increase share production from resources 32% by 2030. At present, sources represent 10.2% Hungary’s primary consumption. Materials methods: This study has examined financial feasibility ...

OBJECTIVE To examine the effects, by income group, of targeted food taxes and subsidies on nutrition, health and expenditure in the UK. METHODS A model based on consumption data and demand elasticity was constructed to predict the effects of four food taxation-subsidy regimens. Resulting changes in demand, expenditure, nutrition, cardiovascular disease (CVD) and cancer mortality were estimate...

Effective coordination of distributed human planners requires timely communication of relevant information to ensure the overall coherence of activities and the compatibility of assumptions. This paper presents a framework called CODA that provides targeted information dissemination among distributed human planners as a way of improving coordination. Within CODA, each planner declares interest ...

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