Research Library

U.S. investment in scientific research has stagnated over the last four decades. Neal F. Lane, senior fellow in science and technology policy at the Baker Institute, and Norm Augustine, former chairman and CEO of Lockheed Martin, penned a letter to congressional leadership outlining the challenges facing American research and development (R&D) and the potential impacts of declining federal science funding.

The authors construct a tax competition model in which local governments finance business public services with either a source-based tax on mobile capital, such as a property tax, or a tax on production, such as an origin-based value added tax, and then assess which of the two tax instruments is more efficient.

Over a decade ago, the Inter-American Development Bank led an in-depth analysis of eight South American countries that profoundly influenced the understanding of political institutions and the policymaking process in Latin America. In 2018, the Baker Institute’s Latin America Initiative expanded the project to include four additional Central American countries: Honduras, Guatemala, El Salvador and Panama. These country reports, written in Spanish, are available below. Hace casi una década, el Banco Interamericano de Desarrollo (BID) impulso un análisis sobre ocho países suramericanos que influyó profundamente el entendimiento de instituciones políticas y el proceso de formulación de políticas públicas en América Latina. El Latin America Initiative del Baker Institute amplió el análisis para incluir a cuatro países de Centro América: Honduras, Guatemala, El Salvador y Panamá. Estos ensayos forman parte del análisis sobre los países de Centro América.    

This working paper explores the role of net operating loss carryforwards (NOLCFs) in the decision-making and valuation of large firms.

This working paper looks at less explored climate strategies that Saudi Arabia and other producer states have taken or may take in the next few years to maintain the continuity of oil exports amid the emergence of restrictions on fossil fuels.

The authors analyze the carbon emission, energy market and economic implications of carbon tax proposal introduced by U.S. Rep. Carlos Corbels (R-Florida). The working paper was released as part of a collaboration between Columbia University’s Center on Global Energy Policy, the Rhodium Group and the Baker Institute.

Since the progressivity of the sales tax is difficult to directly measure, this paper introduces an indirect approach combining simulated household income with realizations of consumption behavior from survey data.  

This working paper examines the lack of reliable data on the number and quality of drug treatment services in Harris County.

The authors examine merits of using a gas geoeconomics approach to develop U.S. and EU policy options to bolster gas supplies and national security in Europe.

Public finance fellow Thomas Hogan analyzes the relationship between bank lending and the Federal Reserve's policy of paying interest on excess reserves (IOER).