Research Library

Concerns over a potential flood of low-priced electric vehicles are growing, both within the Biden administration and in Congress. In a new working paper, Will Clayton Fellow in Trade and International Economics David A. Gantz discusses the current situation, along with remedial legal and practical measures likely to be applied.

Texas is the source of about one-quarter of all energy-related carbon dioxide (CO2) emissions in the US industrial sector and about one-eighth of all CO2 emissions from the US power generation sector, with a significant proportion of emissions in both sectors located near the gulf coast. As such, Texas has the opportunity to capture significant economies of scale in carbon capture.

Despite its massive geological endowment and receiving what could be considered the largest windfall in its economic history, Venezuela entered 2020 in the middle of an unprecedented economic crisis. The Covid-19 pandemic and turbulence in oil markets represent the latest in a string of problems that expose the country’s vulnerability.

The authors explore the history of the resource curse and provide summarize the working paper series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”

To avoid the resource curse, nonresident fellow Todd Moss proposes a direct cash dividend to drive macroeconomic benefit, alleviate poverty and create incentives that drive demand for transparency and sound management. This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”

Energy fellow Gabriel Collins investigates how some operators in the Permian Basin are unifying their efforts to solve the unique set of community and infrastructure challenges in the region This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”

Michelle Michot Foss, fellow in energy and minerals, suggests that host governments are often not well positioned to implement market-based reforms and “liberalization.” This is problematic because foreign aid is subject to home country fiscal and political cycles. This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”

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.

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.  

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.