Linden, M. and Leppänen, J. (Department of Business and Economics, University of Joensuu, Yliopistokatu 7, P.O. Box 111, FI-80101 Joensuu, Finland, and Finnish Forest Research Institute, Unioninkatu 40 A, FI-00170 Helsinki, Finland). Effects of public financed aid on private forest investments: some evidence from Finland, 1963 /2000. Received Oct. 17, 2003. Accepted Sep. 2, 2003. Scand. J. For....

and participants at a World Bank seminar, for useful comments. The views expressed here are mine and do not necessarily reflect those of the World Bank or its affiliated organizations. iii ABSTRACT Labor market integration is typically assumed to raise welfare in the absence of distortions because it allows labor to move to where returns are highest. This result is examined in a simple general ...

In order to cope with the unpredictability of the energy market and provide rapid response when supply is strained by demand, an emerging technology, called energy demand management, enables appliances to manage and defer their electricity consumption when price soars. Initial experiments with our multiagent, power load management simulator, showed a marked reduction in energy consumption when ...

In the presence of price distortions, cost-benefit analysis must include changes in the deadweight loss in addition to the direct benefits and costs to transportation users and nonusers. Advances in new economic geography (NEG) have highlighted the importance of price distortions associated with imperfect competition. This paper reviews recent contributions to cost-benefit analysis in NEG model...

It is di¢cult to resolve the global warming free-rider externality problem by negotiating many di§erent quantity targets. By contrast, negotiating a single internationallybinding minimum carbon price (the proceeds from which are domestically retained) counters self-interest by incentivizing countries to internalize the externality. In this contribution I attempt to sketch out, mostly with verba...

In order to reduce SO2 emissions to less than 2.5 lbs/mBtu as mandated by the Clean Air Act Amendment (CAAA) of 1990, power companies mainly using higher sulfur content coal as fuel supplies have to find their alternatives to reduce SO2 emissions. The purpose of the study is to assess the extent of economies of scale in coal delivery. The network of coal flow consists of production sites, consu...

It is diffi cult to resolve the global warming free-rider externality problem by negotiating n different quantity targets. By contrast, negotiating a single internationallybinding minimum carbon price (the proceeds from which are domestically retained) counters self interest by incentivizing agents to internalize the externality. The model of this paper indicates an exact sense in which each ag...

This paper presents a model of consumer demand that is consistent with the observed expenditure patterns of individual consumers in a long time series of expenditure surveys and is also able to provide a detailed welfare analysis of shifts in relative prices. A nonparametric analysis of consumer expenditure patterns suggests that Engel curves require quadratic terms in the logarithm of expendit...

This paper presents a model of consumer demand that is consistent with the observed expenditure patterns of individual consumers in a long time series of expenditure surveys and is also able to provide a detailed welfare analysis of shifts in relative prices. A nonparametric analysis of consumer expenditure patterns suggests that Engel curves require quadratic terms in the logarithm of expendit...