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David Michael Garrood Newbery (1943-)

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  • Michael G Pollitt

Abstract

David Newbery is one of the very best micro-economists that Cambridge has produced in recent decades. David has made many contributions to economics over the years, in development economics, public economics, industrial organization, economic regulation, transport and energy economics. We discuss his work in three general parts. The first focuses on his early work. This includes his work with Nobel Laureate, Joe Stiglitz, on commodity price stabilisation, with Richard Gilbert on patenting and with Nicholas Stern on taxation in developing countries. The second looks at his work on the pricing of transport and energy, particularly with respect to efficient road pricing and optimal energy taxation. This includes work with Nobel Laureate, Eric Maskin, and Larry Karp. The final part reviews his work on liberalised electricity market design, both in terms of the operation of wholesale electricity markets and the regulation of network monopolies.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Michael G Pollitt, 2024. "David Michael Garrood Newbery (1943-)," Working Papers EPRG2409, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    • Handle: RePEc:enp:wpaper:eprg2409
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    File URL: https://www.jbs.cam.ac.uk/eprg-wp2409/
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    Keywords

    Optimal tax theory; road user charges; energy taxation; electricity reform;
    All these keywords.

    JEL classification:

    • H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities

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