There is now clear scientific evidence that emissions from economic activity, particularly the
burning of fossil fuels for energy, are causing changes to the Earth's climate. A sound
understanding of the economics of climate change is needed in order to underpin an ...

Climate change is a serious and urgent issue. There is now an overwhelming body of
scientific evidence that human activity is causing global warming, with the main sources of
greenhouse gases, in order of global importance, being electricity generation, land-use ...

The results of Samuelson [5-7] in the theory of public goods have provided the basis for most
subsequent discussion of the optimum provision of public goods. Samuelson showed that a
necessary condition for Pareto Optimality (and hence for maximizing a social welfare ...

Our definition of the subject will be the use of economic analysis to understand the
economies of poor or developing countries. This includes, in particular, how standards of
living in the population are determined, and how they change over time, and further how ...

THIS PAPER CONCERNS the theory and practice of taxation in poor countries. We should
ask at the outset whether the analyses of taxation for developed and less-developed
countries are, or should be, essentially similar, or whether the objectives, responsibilities, ...

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The theory of cost-benefit analysis is widely used. It contributes to the understanding by
giving a formal description of the subject and examining the theoretical basis for some of the
techniques that have become the accepted tools of decision-making around the world. ...

Abstract Given a set of value judgements, an initial state, and a model of the economy, one
can ask whether some feasible tax change would increase welfare. We do this by defining
the marginal cost in terms of welfare of raising an extra rupee from the ith good. The ...

Abstract The main concerns of the paper are the problems of estimating labour supply
functions for use in models of optimum income taxation, and the calculation of the effect on
the optimum linear tax rate of varying the elasticity of substitution, ε, between leisure and ...