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 Osvaldo, Cicowiez, Martín
Formato: Articulo
Lenguaje:Inglés
Publicado: 2010
Materias:
Ciencias Económicas
Marginal cost public funds
Regulation
General equilibrium
Argentina
Costo marginal fondos públicos
Regulación
Equilibrio general
Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/108433
https://www.rae-ear.org/index.php/rae/article/view/319
Aporte de:
SEDICI (UNLP) de Universidad Nacional de La Plata
id I19-R120-10915-108433
record_format dspace
institution Universidad Nacional de La Plata
institution_str I-19
repository_str R-120
collection SEDICI (UNLP)
language Inglés
topic Ciencias Económicas
Marginal cost public funds
Regulation
General equilibrium
Argentina
Costo marginal fondos públicos
Regulación
Equilibrio general
spellingShingle Ciencias Económicas
Marginal cost public funds
Regulation
General equilibrium
Argentina
Costo marginal fondos públicos
Regulación
Equilibrio general
Chisari, Omar Osvaldo
Cicowiez, Martín
Marginal cost of public funds and regulatory regimes: computable general equilibrium evaluation for Argentina
topic_facet Ciencias Económicas
Marginal cost public funds
Regulation
General equilibrium
Argentina
Costo marginal fondos públicos
Regulación
Equilibrio general
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-à -vis cost-plus regimes.
format Articulo
Articulo
author Chisari, Omar Osvaldo
Cicowiez, Martín
author_facet Chisari, Omar Osvaldo
Cicowiez, Martín
author_sort Chisari, Omar Osvaldo
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
publishDate 2010
url http://sedici.unlp.edu.ar/handle/10915/108433
https://www.rae-ear.org/index.php/rae/article/view/319
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