“On the Marginal Cost of Public Funds for Argentina: CGE Evaluation and Sensitivity to Regulatory Regimes”
AbstractWe estimate the Marginal Cost of Public Funds for Argentina using a computable general equilibrium (CGE) model, assessing the sensitivity of the results to the existence of alternative regulatory regimes (Price-Cap and Cost-Plus) for public utilities subject to regulation. Although the estimates are in the range of international studies, we find that the results are sensitive to the regulatory regime, to the presence of exempted goods, the existence of unemployment, the value of the elasticity of labor supply, as well as to the degree of capital mobility, between sectors and internationally.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Instituto de Economía, Universidad Argentina de la Empresa in its series UADE Working Papers with number 25_2008.
Length: 52 pages
Date of creation: 01 May 2008
Date of revision:
Contact details of provider:
Web page: http://www.uade.edu.ar/paginas/InstEconomiaIDE.aspx
More information through EDIRC
computable general equilibrium; Public Funds; Marginal Cost;
Find related papers by JEL classification:
- D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
- H22 - Public Economics - - Taxation, Subsidies, and Revenue - - - Incidence
- L50 - Industrial Organization - - Regulation and Industrial Policy - - - General
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mariano E. Gonzalez).
If references are entirely missing, you can add them using this form.