Showing 1 - 10 of 40
Land-use changes involve important economic and environmental effects with implications for international trade, global climate change, wildlife, and other policy issues. We use an econometric model to identify factors driving land-use change in the United States between 1982 and 1997. We...
Persistent link: https://www.econbiz.de/10012465075
purchase offsets from a small number of long-lived producers that restore wetlands over time. We find that offsets led to … between restored and existing wetlands in terms of area and location. A locally differentiated Pigouvian tax on offset …
Persistent link: https://www.econbiz.de/10014322882
The provision of public services through national legislatures gives legislators the chance to fund locally-beneficial public projects using a shared national tax base. Nationally-financed, local public goods will be purchased at a subsidized price below marginal cost and may be inefficiently...
Persistent link: https://www.econbiz.de/10012472365
In the half century since the founding of the U.S. Environmental Protection Agency, public and private U.S. sources have spent nearly $5 trillion ($2017) to provide clean rivers, lakes, and drinking water, or annual spending of 0.8 percent of U.S. GDP in most years. Yet over half of rivers and...
Persistent link: https://www.econbiz.de/10012480024
Providing clean water requires maintenance, as well as the initial connections that are typically measured. Frequently, the water supply fails in the developing world, especially when users don't pay the marginal cost of water. This paper uses the timing of frequent, unexpected water service...
Persistent link: https://www.econbiz.de/10012453904
The paper provides an integrated framework to assess water markets in terms of their institutional underpinnings and the three 'pillars' of integrated water resource management: economic efficiency, equity and environmental sustainability. This framework can be used: (1) to benchmark different...
Persistent link: https://www.econbiz.de/10012462452
This paper presents a new model of political competition where candidates belong to factions. Before elections, factions compete to direct local public goods to their local constituencies. The model of factional competition delivers a rich set of implications relating the internal organization...
Persistent link: https://www.econbiz.de/10012465647
This study evaluates two interventions for residential water conservation. Comparing households across an enforcement algorithm's cutoff using a regression discontinuity design, we find that automated irrigation violation warnings cause substantial water conservation but also shift some...
Persistent link: https://www.econbiz.de/10012533372
The Clean Water Act (CWA) significantly improved surface water quality, but at a cost exceeding the estimated benefits. We quantify the effect of the CWA on a direct measure of health and incorporate health benefits into a cost-benefit analysis. Using a difference-in-differences framework, we...
Persistent link: https://www.econbiz.de/10012616600
The quality and inequality of US drinking water investments have gained attention after recent environmental disasters in Flint, Michigan, and elsewhere. We compare the formula-based targeting of subsidized loans provided under the Safe Drinking Water Act with the targeting of congressional...
Persistent link: https://www.econbiz.de/10014468258