A 1944 U.S.-Mexico water treaty still in effect is one of the world’s finest examples of binational cooperation in managing shared transboundary water resources. The author explains why, concluding that such an agreement could not be reached in today's political climate.
In this paper for the Texas Public Policy Foundation, fellows Jorge Barro and John W. Diamond examine the history behind Texas’ property tax system, recent attempts to reduce the growing magnitude of the property tax burden, and the economic effects of two options for eliminating the school maintenance and operations (M&O) property tax: https://bit.ly/2zIZRZy
Public finance fellow John Diamond and Rice faculty scholar George Zodrow analyze the short- and long-term economic effects of a federal carbon tax in the United States.
A numerical simulation of the macroeconomic effects of the House Republican Tax Reform plan, using the Diamond-Zodrow model, suggests that its net macroeconomic effects would be positive.
The Affordable Care Act and changing economic conditions have encouraged the integration of physicians and hospitals. The objective of the study is to examine how hospitals and physicians have transitioned between integration levels over time.
The economic and geopolitical implications of the United States’ nonconventional hydrocarbons revolution on energy markets throughout North America, including Mexico, and the possibilities for policy coordination in the region are explored in this paper.
Houston’s pension funds are in financial trouble and pose a significant risk to the financial health of the city. This paper analyzes a subset of the city's pension plans—in particular, what is normally referred to as a defined benefit (DB) plan.
The positive effects of a corporate income tax reform in the United States might well be enhanced by a simultaneous move to a territorial system coupled with anti-base erosion provisions designed to limit revenue losses; however, the effects of implementing territoriality are tenuous and seem likely to be small in the aggregate. Published by the American Action Forum.