G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w21915
来源IDWorking Paper 21915
Guns, Latrines, and Land Reform: Private Expectations and Public Policy
Michael Kremer; Jack Willis
发表日期2016-01-25
出版年2016
语种英语
摘要Dynamically and statically optimal Pigouvian subsidies on durables will differ in a growing economy. For durables with positive externalities, such as sanitation, statically optimal subsidies will typically grow. However, in a dynamic game, governments can most cheaply induce optimal purchasing time by committing to eventually reduce subsidies. If governments cannot commit, there may be multiple, Pareto-ranked equilibria. The presence of multiple subsidizing bodies, including foreign donors, makes commitment more difficult. As a result, consumers may actually delay purchase, rationally anticipating growing subsidies. In the extreme, the benefits of foreign subsidies for durables that create positive externalities may be more than fully offset by such delays in private investment. For durables with negative externalities, such as guns, delays between the announcement and implementation of taxes or regulation may bring forward purchase, potentially causing policymakers who would otherwise prefer such policies to abandon them. Political actors may also be able to shape others’ policy preferences by changing private expectations. For example, a political party that announces an intent to redistribute land may reduce current owners' investment incentives, thus reducing the benefits of maintaining existing property rights and making land reform more attractive to the median voter.
主题Public Economics ; Taxation ; Public Goods ; Development and Growth ; Development
URLhttps://www.nber.org/papers/w21915
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/579590
推荐引用方式
GB/T 7714
Michael Kremer,Jack Willis. Guns, Latrines, and Land Reform: Private Expectations and Public Policy. 2016.
条目包含的文件
文件名称/大小 资源类型 版本类型 开放类型 使用许可
w21915.pdf(138KB)智库出版物 限制开放CC BY-NC-SA浏览
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Michael Kremer]的文章
[Jack Willis]的文章
百度学术
百度学术中相似的文章
[Michael Kremer]的文章
[Jack Willis]的文章
必应学术
必应学术中相似的文章
[Michael Kremer]的文章
[Jack Willis]的文章
相关权益政策
暂无数据
收藏/分享
文件名: w21915.pdf
格式: Adobe PDF
此文件暂不支持浏览

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。