“On the Marginal Cost of Public Funds for Argentina: CGE Evaluation and Sensitivity to Regulatory Regimes”
We 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.
|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
When requesting a correction, please mention this item's handle: RePEc:ris:uadewp:2008_025. See general information about how to correct material in RePEc.
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.