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We investigate the short- and long-term effects of a natural gas boom in an economy where energy can be produced with coal, natural gas, or clean sources and the direction of technology is endogenous. In the short run, a natural gas boom reduces carbon emissions by inducing substitution away...
Persistent link: https://www.econbiz.de/10014372414
The challenge of mitigating climate change has focused recent attention on basic scientific research feeding into the development of new energy technologies (Popp, 2017). Energy innovation tends to consist of a series of partially overlapping processes involving: (1) the production of scientific...
Persistent link: https://www.econbiz.de/10012481080
The pollution haven hypothesis suggests that unilateral domestic climate change mitigation policy would impose significant economic costs on carbon-intensive industries, resulting in declining output and increasing net imports. In order to evaluate this hypothesis, we undertake a two-step...
Persistent link: https://www.econbiz.de/10012460952
-evaluates the link between outpatient cost-sharing and health, studying Colombia's entire formal sector workforce observed monthly …. Because Colombia's national health system imposes discrete breaks in outpatient cost-sharing requirements across the earnings …
Persistent link: https://www.econbiz.de/10014437039
The paper studies the impact of financial aid on long-term educational attainment and labor market outcomes in Colombia … partly by high-quality universities improving students' skills, as demonstrated by their performance on Colombia's college …
Persistent link: https://www.econbiz.de/10014372494
This paper develops a novel method to estimate production functions. Earlier papers rely on special assumptions about the functional form of production functions. Our approach efficiently estimates all parameters of any production functions with Hicks-neutral productivity without additional...
Persistent link: https://www.econbiz.de/10015145156
consequences of a major shift in the production of coca paste from Peru and Bolivia to Colombia, where most coca leaf is now … Colombia, provided an exogenous boost in the demand for Colombian coca leaf. Our analysis shows this shift generated economic …
Persistent link: https://www.econbiz.de/10012467466
under Plan Colombia caused a decrease in the exportation of drugs from Colombia to about 44 percent of what exportation was … before Plan Colombia was implemented. The results of the calibration of the model also suggests that a more efficient … allocation of the about $2 billion that the United States spent on Plan Colombia through 2003 would have involved larger …
Persistent link: https://www.econbiz.de/10012467544
We present a model of the Political Budget Cycle in which voters and politicians have preferences for different types of government spending. Incumbents try to influence voters by changing the composition of government spending, rather than overall spending or revenues. Rational voters may...
Persistent link: https://www.econbiz.de/10012467600
We examine whether the Colombian trade reform can explain any of Colombia's decline in urban poverty between 1984 and …
Persistent link: https://www.econbiz.de/10012467606