Books and journals Case studies Expert Briefings Open Access
Advanced search

Search results

1 – 10 of over 14000
To view the access options for this content please click here
Article
Publication date: 27 September 2011

On the marginal social cost of cash‐cum‐in‐kind transfers

Lucas Duarte, Enlinson Mattos and Juliana Serillo

The purpose of this paper is to characterize that the marginal social cost of public funds and to estimate the response of labor supply to these publicly provided goods…

HTML
PDF (139 KB)

Abstract

Purpose

The purpose of this paper is to characterize that the marginal social cost of public funds and to estimate the response of labor supply to these publicly provided goods, and simulate the marginal social cost of cash‐cum‐in‐kind transfers (MSCKT) for Brazil.

Design/methodology/approach

The paper provides a theoretical model based on Wildasin to characterize the marginal social cost of public funds. Next it estimates using instrumental variables approach the variables necessary to calibrate our theoretical model.

Findings

The marginal social cost of public funds depends on the relation between labor supply and the cash‐cum‐in‐kind transfers. Last, the simulations suggest that MSCKT can increase up to 12.4 percent if compared with cases in which is assumed ordinary independence between labor and the bundle of goods provided by the public sector.

Research limitations/implications

Further panel data experiments based on municipal public finance data should be conducted in order to circumvent the agents' heterogeneity problem inherent in cross section analysis – and individuals' labor supply response could be more sensitive at this data level. Finally, such cost‐benefit analysis makes more sense when a specific project is considered and therefore its effects on the taxed good can be clearly estimated leading to a more reliable estimative of the marginal social cost of funding that project.

Social implications

Governments should take the actual social cost of public policies into consideration before undertaking any new project.

Originality/value

The paper is useful to characterize the marginal social cost of public funds, estimate the necessary parameters and, last, to calibrate its correspondent using Brazilian data.

Details

Journal of Economic Studies, vol. 38 no. 5
Type: Research Article
DOI: https://doi.org/10.1108/01443581111161832
ISSN: 0144-3585

Keywords

  • Marginal social cost
  • Cash transfers
  • In‐kind transfers
  • Public finance
  • Labour
  • Brazil

To view the access options for this content please click here
Article
Publication date: 1 March 1979

Pareto Optimality and Pollution Abatement:A Pedagogic Note

Robin Pratt and David Pearce

Environmental economics has typically adopted two approaches to the demonstration of the optimal level of pollution. The first superimposes a marginal pollution cost (MPC…

HTML
PDF (282 KB)

Abstract

Environmental economics has typically adopted two approaches to the demonstration of the optimal level of pollution. The first superimposes a marginal pollution cost (MPC) function on the traditional model of the profit maximising firm and demonstrates that Pareto optimality requires the output price to be set equal to marginal social cost (MSC), defined as the sum or marginal private cost (MC) and marginal pollution cost. The second looks at the marginal pollution cost and compares it to the marginal cost of pollution control (MPCC). The optimum in this approach then exists when marginal pollution cost equals marginal cost of pollution control.

Details

International Journal of Social Economics, vol. 6 no. 3
Type: Research Article
DOI: https://doi.org/10.1108/eb013831
ISSN: 0306-8293

To view the access options for this content please click here
Book part
Publication date: 1 January 2005

The First-Best Road Pricing Problems

Hai Yang and Hai-Jun Huang

HTML
PDF (4.6 MB)
EPUB (545 KB)

Abstract

Details

Mathematical and Economic Theory of Road Pricing
Type: Book
DOI: https://doi.org/10.1108/9780080456713-003
ISBN: 978-0-08-045671-3

To view the access options for this content please click here
Book part
Publication date: 3 May 2007

Warren J. Samuels’ Lecture Notes from James S. Earley's Course on Economic Theory, Economics 150, University of Wisconsin, Fall 1954

HTML
PDF (277 KB)

Abstract

Details

Further Documents from the History of Economic Thought
Type: Book
DOI: https://doi.org/10.1016/S0743-4154(06)25028-4
ISBN: 978-1-84950-493-5

To view the access options for this content please click here
Article
Publication date: 1 February 1971

Resource Allocation in Education

C. SELBY SMITH

The paper is devoted to the question of how to allocate a given educational budget. Alternative avenues of expenditure on post‐secondary education are treated as…

HTML
PDF (831 KB)

Abstract

The paper is devoted to the question of how to allocate a given educational budget. Alternative avenues of expenditure on post‐secondary education are treated as investment projects and their benefit‐cost ratios are compared. The analysis is essentially static and is based on two investigations carried out by the author, one in Canada, the other in the United Kingdom. The paper is organised into three sections. The first discusses the methodology underlying the two detailed studies. The second presents conclusions on particular aspects of the general problem of allocating resources within formal education, and is divided into four parts: the balance between private and social costs and benefits, between academic levels of education, between types of education and between male and female education. The final section of the paper contains four more general points and emphasises our ignorance in much of this area.

Details

Journal of Educational Administration, vol. 9 no. 2
Type: Research Article
DOI: https://doi.org/10.1108/eb009662
ISSN: 0957-8234

To view the access options for this content please click here
Book part
Publication date: 6 August 2012

Notes from Warren J. Samuels's 1996 Course on the Economic Role of Government

Marianne Johnson and Martin E. Meder

X = multiple interpretations

HTML
PDF (1.5 MB)
EPUB (781 KB)

Abstract

X = multiple interpretations

Details

Documents on Government and the Economy
Type: Book
DOI: https://doi.org/10.1108/S0743-4154(2012)000030B007
ISBN: 978-1-78052-827-4

To view the access options for this content please click here
Book part
Publication date: 18 July 2007

Optimal Transport Pricing

Sergio Jara-Díaz

HTML
PDF (1.2 MB)
EPUB (419 KB)

Abstract

Details

Transport Economic Theory
Type: Book
DOI: https://doi.org/10.1108/9780080548999-004
ISBN: 978-0-08-045028-5

To view the access options for this content please click here
Book part
Publication date: 12 April 2007

The Economic Theory of Transport Pricing

Barry Ubbels, and Erik Verhoef,

HTML
PDF (643 KB)
EPUB (181 KB)

Abstract

Details

Threats from Car Traffic to the Quality of Urban Life
Type: Book
DOI: https://doi.org/10.1108/9780080481449-018
ISBN: 978-0-08-048144-9

To view the access options for this content please click here
Book part
Publication date: 2 October 2001

Traffic Congestion And Congestion Pricing

Robin Lindsney* and Erik Verhoef*

HTML
PDF (972 KB)
EPUB (321 KB)

Abstract

Details

Handbook of Transport Systems and Traffic Control
Type: Book
DOI: https://doi.org/10.1108/9781615832460-007
ISBN: 978-1-61-583246-0

To view the access options for this content please click here
Book part
Publication date: 19 January 2005

Costs and Benefits of Marginal Reallocation of Tax Agency Resources in Pursuing the Hard-to-Tax

Dmitri Romanov

HTML
PDF (1.6 MB)

Abstract

Details

Taxing the Hard-to-tax: Lessons from Theory and Practice
Type: Book
DOI: https://doi.org/10.1016/S0573-8555(04)68809-2
ISBN: 978-1-84950-828-5

Access
Only content I have access to
Only Open Access
Year
  • Last week (55)
  • Last month (151)
  • Last 3 months (365)
  • Last 6 months (704)
  • Last 12 months (1397)
  • All dates (14966)
Content type
  • Article (10970)
  • Book part (3259)
  • Earlycite article (529)
  • Case study (125)
  • Expert briefing (81)
  • Executive summary (2)
1 – 10 of over 14000
Emerald Publishing
  • Opens in new window
  • Opens in new window
  • Opens in new window
  • Opens in new window
© 2021 Emerald Publishing Limited

Services

  • Authors Opens in new window
  • Editors Opens in new window
  • Librarians Opens in new window
  • Researchers Opens in new window
  • Reviewers Opens in new window

About

  • About Emerald Opens in new window
  • Working for Emerald Opens in new window
  • Contact us Opens in new window
  • Publication sitemap

Policies and information

  • Privacy notice
  • Site policies
  • Modern Slavery Act Opens in new window
  • Chair of Trustees governance statement Opens in new window
  • COVID-19 policy Opens in new window
Manage cookies

We’re listening — tell us what you think

  • Something didn’t work…

    Report bugs here

  • All feedback is valuable

    Please share your general feedback

  • Member of Emerald Engage?

    You can join in the discussion by joining the community or logging in here.
    You can also find out more about Emerald Engage.

Join us on our journey

  • Platform update page

    Visit emeraldpublishing.com/platformupdate to discover the latest news and updates

  • Questions & More Information

    Answers to the most commonly asked questions here