The Weldon Cooper Center for Public Service at the University of Virginia is pleased to announce that the publication “Virginia Local Tax Rates: 2018,” 37th Annual Edition, is in print and is available through
The study consists of three sections. The first section provides a brief description of the history, development, and important features of VTC. The second section describes various ways in which VTC affects the state and local economies. The third section describes the results of the economic impact analysis.
This study, which is the third since 2009, examines the effect of the public higher education sector on Virginia’s economy. It provides a full accounting of the current flow of economic activity in Virginia that can be directly tied to the spending, educational activities, and research commercialization of publicly supported institutions of higher education.
This paper uses laboratory experiments to compare the performance of a quantity collar like the one under consideration by the EC with the types of price floors and caps that have been implemented in US regional cap-and-trade programs. We assess how the different policy instruments affect production, net social surplus, and the variation of market price from optimal levels. The attached pdf is a working paper from 2015.