Housing reform in China has proceeded on two tracks: privatization of public housing and development of a new private housing sector. During this period of transition, rents have remained relatively low in the remaining public housing, and purchase prices offered to occupants of public housing have been well below market prices. Although these rents and prices are partly based on known formulas...

Abstract This paper assesses to which degree housing purchase subsidies are capitalized into property prices. Using a large-scale micro-dataset on German house prices, I exploit the introduction of new subsidy scheme in state Bavaria. My difference-in-difference estimations at Bavarian interstate border indicate that prices single-family homes increased by approximately 10,000 euros more region...

Background: Socioeconomic indicators are the main factors that affect health outcome. Health price index (HPI) and households living costs (HLC) are affected by economic reform. This study aimed at examining the effect of subsidy targeting plan (STP) on HPI and HLC. Methods: The social accounting matrix was used to study the direct and indirect effects of STP. We chose 11 health related goods a...

A model which explains national-level house price appreciation through utility maximization by rational voters is developed and tested using a global sample of 40 democracies, in order to explain why some countries experienced house price bubbles in the past decade and others did not. In the model, a subsidy funded by a tax on all citizens can be provided to home buyers. The subsidy leads to an...

The ethanol blend wall and high RIN prices has become a controversial policy issue. We develop a model showing how RIN prices reflect the costs of overcoming the blend wall, namely biodiesel consumed in excess of its mandate and expansion of E85 sales. These costs are very high and are shown to be borne by producers and consumers of ethanol and gasoline. Although RIN prices reduce consumer pric...

Analyzing the farmer’s behavior and water-saving incentive mechanism is of great significance to implementation explicit subsidy policy agricultural water prices. This paper introduces concept loss aversion from behavioral economics conducts a theoretical analysis prices verify hypotheses by using survey data three inland river basins in Hexi Corridor, Northwest China. The results show that whe...

Cardiovascular diseases (CVD) cost Americans hundreds in billions of dollars. High cholesterol levels, which are closely related to diet habits, are a major contributor to CVD. In this paper we study whether changes in food prices are related to cholesterol levels and whether taxes or subsidies of particular foods would be effective in lowering cholesterol levels ...

Malawi’s implementation of a large scale agricultural input subsidy programme in 2005/6 and subsequent years has attracted significant international interest. This paper reviews the background, processes, achievements and outcomes of the programme over the period 2005/6 to 2008/9. The very large scale disbursement of heavily subsidised fertilisers and (mainly hybrid and composite maize) seed to...

OBJECTIVE We investigated the relationship between the number of generic medicines and pharmaceutical prices over time in Australia. METHODS A dataset was utilised containing 76 items for 4 years (2003-2007) on the national subsidy scheme - the Pharmaceutical Benefits Scheme (PBS) - for which a generic brand is available. The PBS price was used as the dependent variable, and the number of gen...