Output-based payments are an important tool of government policy. Sometimes governments offer "output-based aid" to subsidize services sold to households. Because output-based payments are tied to the delivery of outputs, they have an obvious advantage over input-based payments. In agreeing to make such payments, however, governments assume a liability not unlike that created by taking on debt. Moreover, in some cases the payment amounts are subject...
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INFORMATION
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2005/07/01
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Fiche
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34304
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1
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1
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2010/07/01
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Disclosed
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Estimating the fiscal risks and costs of output-based payments - an overview
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shadow toll