Title of Document: ESSAYS ON FINANCIAL MARKET IMPERFECTIONS AND THE ENVIRONMENT Dana Charles Andersen, PhD, 2014 Directed By: Ramón E. López, Professor Agricultural and Resource Economics The first chapter explores the effect of credit constraints on production-generated pollution emissions. I develop a theoretical model wherein polluting firms borrow externally to finance investment in various...

The goal of this special issue is to introduce agricultural economists to new analytical approaches involving spatial data. This paper provides a brief history of the special issue and an introduction to von Thiinen' s model of the determinants of land use and rent that underlies all spatial analysis. © 2002 Elsevier Science B.V. All rights reserved.

Sharing similar colonial and post-independence civil war experiences, Mozambique and Angola’s development paths are often contrasted, with foreign aid-dependent Mozambique hailed a success compared to oil rentier Angola. This paper questions the so-called Mozambican miracle and contrasts it with Angola’s trajectory over the past two decades. Paying attention to the political trajectory of the r...

Even before the Arab Spring, the resource-rich, rentier states of the Arabian Gulf had been described as some of the most stable regimes in the world. Their apparent robustness over the last few years has only reinforced this view, and led many to conclude that these regimes have eliminated any real threat to their rule. In the following paper, I challenge this conventional wisdom and explore t...

Using a representative survey of the German population, this paper studies individual consumption responses to a recent payroll tax reduction. Our results show that 55% of the respondents spend the extra money, indicating considerable potential for tax changes to affect consumption and economic activity. Our analysis of the socio-demographic and economic determinants of consumption responses su...

T he Tax Reform Act of 1986 (TRA 86) marked an' important shift in Federal income tax policy. While previous tax acts provided incentives or disincentives for various business activities and industries, TRA 86 attempted to create a more "level playing field" by broadening the tax base and lowering tax rates. However, while TRA 86 reduced the direct effect of the Federal income tax on alternativ...

abstract the theory of international tax competition suggests that governments attempt to attract mobile capital bases by undercutting the foreign capital tax rate. an analysis of the role that state capacity plays in tax policymaking under international pressures is, however, missing. the central contribution of our study is to highlight the importance of the interaction between state capacity...