European Economics: Political Economy & Public Economics eJournal最新文献

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The European Internal Energy Market’s Worth to the UK 欧洲内部能源市场对英国的价值
European Economics: Political Economy & Public Economics eJournal Pub Date : 2019-11-01 DOI: 10.2139/ssrn.3493190
F. Gasmi, P. Hanspach
{"title":"The European Internal Energy Market’s Worth to the UK","authors":"F. Gasmi, P. Hanspach","doi":"10.2139/ssrn.3493190","DOIUrl":"https://doi.org/10.2139/ssrn.3493190","url":null,"abstract":"This article proposes a two-country model of electricity trade under peak-load pricing. We apply the model to France and the UK to assess the benefit to the UK of trade within the European internal energy market (IEM). Calibration and simulations of the model aimed at simulating bilateral trade in the market coupling process at electricity exchanges show the following. First, the occurrence of gains from trade for both countries is highly dependent on whether imported electricity affects the price in the local market and whether imports alleviate scarcity. Second, the main effect of importing electricity is a shift in welfare from domestic producers to domestic consumers of the importing country. Finally, the UK’s membership in the IEM generates additional welfare for the UK of up to 900 M€ per year across a range of scenarios in which the number of on-peak periods are exogenously varied in a conservative way relative to the actual data.","PeriodicalId":132443,"journal":{"name":"European Economics: Political Economy & Public Economics eJournal","volume":"99 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115154676","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Global Tax Governance - Lemon or Peach - Would You Buy a Second Hand Car from the OECD 全球税收治理——柠檬还是桃子——你会从经合组织购买二手车吗
European Economics: Political Economy & Public Economics eJournal Pub Date : 2019-10-27 DOI: 10.2139/ssrn.3476231
Paul de Haan
{"title":"Global Tax Governance - Lemon or Peach - Would You Buy a Second Hand Car from the OECD","authors":"Paul de Haan","doi":"10.2139/ssrn.3476231","DOIUrl":"https://doi.org/10.2139/ssrn.3476231","url":null,"abstract":"A short note on thesis by Sieb Kingma on Global Tax Governance and whether or not the OECD should lead the way to multilateral tax governance.","PeriodicalId":132443,"journal":{"name":"European Economics: Political Economy & Public Economics eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125543733","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Exploring the Impact of EU Law on Energy and Environmental Taxation 探讨欧盟法律对能源和环境税收的影响
European Economics: Political Economy & Public Economics eJournal Pub Date : 2019-10-22 DOI: 10.2139/ssrn.3473726
A. Pirlot
{"title":"Exploring the Impact of EU Law on Energy and Environmental Taxation","authors":"A. Pirlot","doi":"10.2139/ssrn.3473726","DOIUrl":"https://doi.org/10.2139/ssrn.3473726","url":null,"abstract":"This chapter shows that EU law has shaped – and continues to shape – the development of environmental tax measures at both EU and Member State level. Firstly, at the EU level, the EU’s institutional framework has actually inhibited the harmonisation of environmentally-driven taxes. An analysis of the historical development of EU provisions surrounding energy taxation illustrates this point (sections 2.1. & 2.2). So far, the energy taxation directive remains largely disconnected from the EU’s climate policy, including the EU Emissions Trading Scheme (section 2.3). Secondly, EU substantive law has had an ambiguous impact on Member States’ environmental tax policy (section 3). On the one hand, EU substantive law has been interpreted by the EU Court of Justice in a way that encourages Member States to adopt environmental tax measures that are environmentally-driven and structured accordingly. Indeed, the environmental purpose of Member States’ tax measures seems to play a positive role in the assessment of their compatibility with EU law, including State aid provisions (section 3.1), the fundamental freedoms (section 3.2) and the energy taxation directive (section 3.3). On the other hand, in some instances, EU law strictly limits Member States’ ability to adopt environmentally-driven tax measures. Moreover, EU secondary law disregards the purpose of environmental taxes in order to classify them for statistical purposes (section 3.4). \u0000 \u0000The broad picture that emerges from the analysis of existing legislation, case-law and literature highlights that institutional and substantive EU law has shaped the use of environmental tax measures in a way that does not ensure the alignment of these taxes with the EU’s and Member States’ environmental and climate ambitions. Therefore, the last section of this chapter suggests new areas of research, which could improve the consistency of environmental tax policy at both EU and Member State levels (section 4).","PeriodicalId":132443,"journal":{"name":"European Economics: Political Economy & Public Economics eJournal","volume":"54 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123643117","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
The Future of the EU 27 欧盟27国的未来
European Economics: Political Economy & Public Economics eJournal Pub Date : 2019-10-19 DOI: 10.2139/ssrn.3491634
F. Fabbrini
{"title":"The Future of the EU 27","authors":"F. Fabbrini","doi":"10.2139/ssrn.3491634","DOIUrl":"https://doi.org/10.2139/ssrn.3491634","url":null,"abstract":"The article examines the future of the European Union (EU) beyond Brexit, contrasting the unity of the EU27 in the Brexit negotiations with the disunity that has emerged among the EU27 in the management of the euro-crisis, migration-crisis and rule of law crisis. The article overviews the efforts to restore a European consensus that have been made in the context of the debate on the future of Europe, but underlines how the emergence of strong regional alliances – and the political polarization resulting from the recent European Parliament elections – have challenged this rhetorical exercise. As such, the article considers alternative scenarios for the future of the EU27 and suggests that, while the strength of path-dependency cannot be underestimated, the EU may be moving towards greater differentiation, if not outright decoupling among its member states.","PeriodicalId":132443,"journal":{"name":"European Economics: Political Economy & Public Economics eJournal","volume":"65 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133458712","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Voting after a Major Flood: Is there a Link between Democratic Experience and Retrospective Voting? 大洪水后的投票:民主经验和回顾性投票之间是否存在联系?
European Economics: Political Economy & Public Economics eJournal Pub Date : 2019-10-15 DOI: 10.2139/ssrn.3470110
M. Neugart, J. Rode
{"title":"Voting after a Major Flood: Is there a Link between Democratic Experience and Retrospective Voting?","authors":"M. Neugart, J. Rode","doi":"10.2139/ssrn.3470110","DOIUrl":"https://doi.org/10.2139/ssrn.3470110","url":null,"abstract":"We explore whether retrospective voting is related to voters’ democratic experience. To this end, we compare the voting behavior in West Germany to the voting behavior in the formerly non-democratic East Germany after a disaster relief program addressing a flood in 2013. Our analysis reveals a 0.9 to 2.5 percentage points increase in the vote share for the incumbent party in the flooded municipalities in the East compared to the West. Analyzing an earlier flood, variation of democratic experience within East Germany, and a panel survey provides further evidence that less democratically experienced voters are easier prey to pre-election policies.","PeriodicalId":132443,"journal":{"name":"European Economics: Political Economy & Public Economics eJournal","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132825287","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 6
State Aid and EU Public Procurement: More Interactions, Fuzzier Boundaries 国家援助与欧盟公共采购:更多的互动,更模糊的边界
European Economics: Political Economy & Public Economics eJournal Pub Date : 2019-10-08 DOI: 10.2139/ssrn.3466288
A. Sanchez-Graells
{"title":"State Aid and EU Public Procurement: More Interactions, Fuzzier Boundaries","authors":"A. Sanchez-Graells","doi":"10.2139/ssrn.3466288","DOIUrl":"https://doi.org/10.2139/ssrn.3466288","url":null,"abstract":"This chapter revisits the interaction between the EU rules on State aid and on public procurement. It probes the standard presumption that compliance with EU procurement rules excludes the existence of State aid because public tenders are apt to replicate market conditions and thus suppress any undue economic advantage. The chapter assesses the increasing number of points of interaction between both sets of rules that emerge from the novelties in the 2014 EU Public Procurement Package and the constant evolution of case law; and highlights some shortcomings of the standard presumption in relation to: the notion of State aid; RD ‘public house’ situations; negotiated procurement; abnormally low tenders; the procurement of services of general economic interest (SGEI); procurement itself as an SGEI; and procurement from ‘special organisations’. The chapter concludes that the boundaries of what constitutes State aid in the context of public procurement are fuzzier than ever. In doing so, the chapter offers a road-map for further research in this area of EU economic law, as well as identifying areas that could benefit from additional guidance from the European Commission, in particular on bench-marking.","PeriodicalId":132443,"journal":{"name":"European Economics: Political Economy & Public Economics eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130368484","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Missing Miles: Evasion Responses to Car Taxes 失踪里程:逃避汽车税的反应
European Economics: Political Economy & Public Economics eJournal Pub Date : 2019-10-03 DOI: 10.2139/ssrn.3467516
J. Harju, Tuomas Kosonen, J. Slemrod
{"title":"Missing Miles: Evasion Responses to Car Taxes","authors":"J. Harju, Tuomas Kosonen, J. Slemrod","doi":"10.2139/ssrn.3467516","DOIUrl":"https://doi.org/10.2139/ssrn.3467516","url":null,"abstract":"Abstract We study a tax evasion response to car taxes in Finland, where used car importers overstate the mileage to reduce tax liability. First, we develop a tax evasion measure by comparing reported mileage upon import with subsequent information from vehicle inspections, and find that a decline in mileage — “missing miles” — occurs frequently. Second, we analyze a tax rate increase, and observe a reduction in the number of imported used cars, but only among non-evaders. Finally, we analyze an RCT informing some potential importers about a program of inspections that uncovers true odometer readings, and the results suggest that third-party reporting reduces evasion.","PeriodicalId":132443,"journal":{"name":"European Economics: Political Economy & Public Economics eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129715735","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 10
Ring-Fencing Digital Corporations: Investor Reaction to the European Commission’s Digital Tax Proposals 数字公司的围栏:投资者对欧盟委员会数字税提案的反应
European Economics: Political Economy & Public Economics eJournal Pub Date : 2019-10-01 DOI: 10.2139/ssrn.3498183
Daniel Klein, Christopher Ludwig, Christoph Spengel
{"title":"Ring-Fencing Digital Corporations: Investor Reaction to the European Commission’s Digital Tax Proposals","authors":"Daniel Klein, Christopher Ludwig, Christoph Spengel","doi":"10.2139/ssrn.3498183","DOIUrl":"https://doi.org/10.2139/ssrn.3498183","url":null,"abstract":"We study the effect of digital tax measures on firm value. By employing an event study methodology, we analyze investor reaction to the European Commission's proposals on the taxation of digital corporations. Examining the stock returns of potentially affected corporations surrounding the draft directives' release, we find a significant abnormal capital market reaction of -0.692 percentage points. The investor reaction is more pronounced for firms that engage more actively in tax avoidance, have a higher profit shifting potential, and for those with higher exposure to the EU. The market value of digital and innovative corporations decreased by at least 52 billion euro in excess of the regular market movement during the event window. Overall, our study reveals that expectations about ringfencing digital tax measures impact firm values.","PeriodicalId":132443,"journal":{"name":"European Economics: Political Economy & Public Economics eJournal","volume":"227 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124506687","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
The Law of Political Economy: An Introduction 政治经济学的规律:导论
European Economics: Political Economy & Public Economics eJournal Pub Date : 2019-09-23 DOI: 10.1017/9781108675635.001
Poul F. Kjaer
{"title":"The Law of Political Economy: An Introduction","authors":"Poul F. Kjaer","doi":"10.1017/9781108675635.001","DOIUrl":"https://doi.org/10.1017/9781108675635.001","url":null,"abstract":"The law of political economy is a contentious ideological field characterised by antagonistic relations between scholarly positions which tend to be either affirmative or critical of capitalism. Going beyond this schism, two particular features appear as central to the law of political economy: the first one is the way it epistemologically seeks to handle the distinction between holism and differentiation, i.e., the extent to which it sees society as a singular whole which is larger than its parts, or, rather, as a mere collection of parts. Different types of legal and political economy scholarship have given different types of answers to this question. The second feature of the law of political economy is the way in which it conceives of the relation between hierarchical and spontaneous dimensions of society, i.e., between firms and the market, or between public institutions and public opinion. The two distinctions can, however, be overcome through a third-way, emphasising the strategic role of law in mediating between holism and differentiation and hierarchy and spontaneity. This is demonstrated through a historical re-construction of the evolution of corporatist, neo-corporatist, and governance-based institutional set-ups of political economy.","PeriodicalId":132443,"journal":{"name":"European Economics: Political Economy & Public Economics eJournal","volume":"78 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129340596","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Similarity Assessment of the Pension Systems of the New European Union Member States 欧洲联盟新成员国养恤金制度相似性评价
European Economics: Political Economy & Public Economics eJournal Pub Date : 2019-09-12 DOI: 10.2139/ssrn.3490095
Mira Krpan, A. Pavković, Berislav Žmuk
{"title":"Similarity Assessment of the Pension Systems of the New European Union Member States","authors":"Mira Krpan, A. Pavković, Berislav Žmuk","doi":"10.2139/ssrn.3490095","DOIUrl":"https://doi.org/10.2139/ssrn.3490095","url":null,"abstract":"Recent macroeconomic and demographic trends have resulted in new challenges for pension systems. One of these challenges is to create a sustainable pension system while simultaneously providing adequate pension benefits for current and future pensioners. This research explores how similar are pension systems of eleven European Union countries by using hierarchical cluster analysis for year 2016. Variables representing pension systems, as well as demographic, macroeconomic and labour market data were used to cluster these economies. Three clustering solutions were generated using hierarchical clustering approach, one for each variable group. Given the number of observed countries, only two cluster solutions were considered. According to the characteristics of the pension systems, countries that have greater problems of unsustainability are recognized. A similar group of countries also forms the cluster characterized by unfavourable demographic trends that make it more difficult to maintain sustainability. Romania stands out from other economies, based on macroeconomic indicators, as it recorded faster economic growth, greater labour productivity growth and lower unemployment rate in 2016. The findings of this study provide a guideline for future pension reforms, since they indicate which countries’ experience could be valuable in defining certain policy measures.","PeriodicalId":132443,"journal":{"name":"European Economics: Political Economy & Public Economics eJournal","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-09-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129003554","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
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