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...

Renewable energy sources (RES) play an important role in the European Union’s sector as a result of policy framework adopted. Its share final consumption varies depending on country and adopted policy. The article presents structure electricity production from renewable Poland years 2002–2019. It was found that hydroelectric power plants relation to amount produced analyzed has strongly decreas...

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...

Theoretical and empirical aspects of policy failures due to subsidies are discussed in the context of international trade. A general classification of subsidies that cause environmental externalities is presented. The economic and environmental impacts of producer subsidies on international trade are examined with partial equilibrium analysis. The magnitude and economic and environmental releva...

World trade talks have foundered recently, in part due to developing country demands that industrialised countries reduce their large farm support programmes to allow poor farmers in the global South to compete more fairly. But are subsidies really the problem? For some crops – most notably cotton and sugar – Northern subsidies clearly are a root cause of low international prices and unfair com...

a r t i c l e i n f o India is a country where 300 million people still live without access to formal electricity, and where hundreds of millions more live with irregular supply through the existing grid network. This paper examines business innovation in the diffusion of off-grid solar technologies in India. An in-country survey of off-grid solar energy providers from across the nation was con...