MARGINAL COST OF PUBLIC FUNDS AND REGULATORY REGIMES: COMPUTABLE GENERAL EQUILIBRIUM EVALUATION FOR ARGENTINA

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. The estimates are in the r...

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Autores principales:	CHISARI,OMAR O, CICOWIEZ,MARTIN
Lenguaje:	English
Publicado:	ILADES. Universidad Alberto Hurtado. 2010
Materias:	Marginal cost public funds regulation general equilibrium Argentina
Acceso en línea:	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-88702010000100004
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spelling	oai:scielo:S0718-887020100001000042011-04-29MARGINAL COST OF PUBLIC FUNDS AND REGULATORY REGIMES: COMPUTABLE GENERAL EQUILIBRIUM EVALUATION FOR ARGENTINACHISARI,OMAR OCICOWIEZ,MARTIN Marginal cost public funds regulation general equilibrium Argentina 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. The estimates are in the range of international studies, and we confirm that the results are sensitive to the regulatory regime, to the presence of exempted goods, the existence of unemployment, the elasticity of labor supply, as well as to the degree of capital mobility, between sectors and internationally. In addition, our results highlight the existence of differential propensity to finance public projects under price-cap regimes vis-á-vis cost-plus regimes.info:eu-repo/semantics/openAccessILADES. Universidad Alberto Hurtado.Revista de análisis económico v.25 n.1 20102010-06-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-88702010000100004en10.4067/S0718-88702010000100004
institution	Scielo Chile
collection	Scielo Chile
language	English
topic	Marginal cost public funds regulation general equilibrium Argentina
spellingShingle	Marginal cost public funds regulation general equilibrium Argentina CHISARI,OMAR O CICOWIEZ,MARTIN MARGINAL COST OF PUBLIC FUNDS AND REGULATORY REGIMES: COMPUTABLE GENERAL EQUILIBRIUM EVALUATION FOR ARGENTINA
description	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. The estimates are in the range of international studies, and we confirm that the results are sensitive to the regulatory regime, to the presence of exempted goods, the existence of unemployment, the elasticity of labor supply, as well as to the degree of capital mobility, between sectors and internationally. In addition, our results highlight the existence of differential propensity to finance public projects under price-cap regimes vis-á-vis cost-plus regimes.
author	CHISARI,OMAR O CICOWIEZ,MARTIN
author_facet	CHISARI,OMAR O CICOWIEZ,MARTIN
author_sort	CHISARI,OMAR O
title	MARGINAL COST OF PUBLIC FUNDS AND REGULATORY REGIMES: COMPUTABLE GENERAL EQUILIBRIUM EVALUATION FOR ARGENTINA
title_short	MARGINAL COST OF PUBLIC FUNDS AND REGULATORY REGIMES: COMPUTABLE GENERAL EQUILIBRIUM EVALUATION FOR ARGENTINA
title_full	MARGINAL COST OF PUBLIC FUNDS AND REGULATORY REGIMES: COMPUTABLE GENERAL EQUILIBRIUM EVALUATION FOR ARGENTINA
title_fullStr	MARGINAL COST OF PUBLIC FUNDS AND REGULATORY REGIMES: COMPUTABLE GENERAL EQUILIBRIUM EVALUATION FOR ARGENTINA
title_full_unstemmed	MARGINAL COST OF PUBLIC FUNDS AND REGULATORY REGIMES: COMPUTABLE GENERAL EQUILIBRIUM EVALUATION FOR ARGENTINA
title_sort	marginal cost of public funds and regulatory regimes: computable general equilibrium evaluation for argentina
publisher	ILADES. Universidad Alberto Hurtado.
publishDate	2010
url	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-88702010000100004
work_keys_str_mv	AT chisariomaro marginalcostofpublicfundsandregulatoryregimescomputablegeneralequilibriumevaluationforargentina AT cicowiezmartin marginalcostofpublicfundsandregulatoryregimescomputablegeneralequilibriumevaluationforargentina
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MARGINAL COST OF PUBLIC FUNDS AND REGULATORY REGIMES: COMPUTABLE GENERAL EQUILIBRIUM EVALUATION FOR ARGENTINA

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