We draw some lessons from the Tunisian experience of social reforms and associated civil conflict. Our main interest is the riots that occurred after subsidy cuts and their possible substitution of price subsidies by direct cash transfers. We propose new welfare indicators apt to assess policy reforms in situations of fragile states. Finally, using micro level data we show that the plausible po...

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There is a large empirical literature on policy measures targeted at children but surprisingly very little theoretical foundation to ground the debate on the optimality of the different instruments. In the present paper, we examine the merit of targeting children through two general policies, namely selective commodity taxation and cash transfer to family with children. We consider a household ...

This work deals with subsidy transfer from a manufacturer to a retailer through the distributor in cooperative advertising. While the retailer engages in local advertising, the manufacturer indirectly participates in retail advertising using advertising subsidy which is given to the distributor, who in turn transfers it to the retailer. The manufacturer is the Stackelberg game leader; the distr...

Purpose This research investigates how subsidy programs in Vietnam's residential electricity market affect consumers' well-being. Design/methodology/approach Two perspectives are employed: cash transfer and quantity-based subsidy. The effectiveness of is measured three ways: benefit incidence, beneficiary incidence materiality. established under the increasing block rate pricing, with first two...

The Industrial Research Promotion Fund (Forschungsförderungsfond, FFF) is Austria’s most important source of finance funding R&D projects carried out by business enterprises. However, the decision on the level of R&D subsidies will be affected by both the funding agency's objectives and firm characteristics. This paper analyzes the factor explaining the intensity of R&D subsidies as well as the...

This paper proposes a total cost of ownership (TCO) model for battery sizing of plug-in hybrid electric vehicles (PHEVs). The proposed systematic TCO model innovatively integrates the Beijing driving database and optimal PHEV energy management strategies developed earlier. The TCO, including battery, fuel, electricity, and salvage costs, is calculated in yearly cash flows. The salvage cost, bas...

We designed a series of field experiments to study the behavior of farmers under alternative electricity subsidies for extracting groundwater. Users’ water pumping decisions are based on the price of electricity, level of subsidy, and height of the water table. The paper opens with a brief description of common pool resource dilemmas and the value of field experiments in the analysis of such is...