Publications


January 24, 2018

Should CBA’s include a correction for the marginal excess burden of taxation?

According to economic theory, taxation drives a wedge between private and public benefits, which distorts labour supply, consumption and investment and leads to loss of welfare.

October 10, 2017

Distributionally Weighted Cost-Benefit Analysis: From Theory to Practice

In CBA practices around the world, benefits are valued regardless of to whom they accrue. This disregards basic economic principles, like declining marginal utility of income, or inequality aversion. This paper argues that if redistribution matters, net benefits must be aggregated using a distributionally weighted CBA.

September 20, 2017

The circular economy of plastics: from raw materials to waste

The circular economy aims to reduce the use of raw materials, promote re-use and recycling and limit waste. This study focuses on the circular economy of plastics and investigates what the major problems are in relation to the use of plastics and to what extent government policy is necessary and effective.

December 6, 2016

Valuation of CO2 emissions in CBA: implications of the scenario study Welfare, Prosperity and the Human Environment

The scenario study Welfare, Prosperity and the Human Environment (WLO ) forecasts long-term developments on four topics, climate being one of them. The study’s climate scenarios have been constructed taking into account various ways of international collaboration on the climate issue around the world. The WLO climate scenarios are characterised by a CO2 emission budget for the rest of the century and an associated CO2 emission reduction target.