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Institutions, Comparative Advantage, and the Environment
Shapiro, Joseph S. - National Bureau of Economic Research - 2023
indicates that strengthening a country's institutions decreases its pollution through relocating dirty industries abroad, though … increases pollution in other countries. Fifth, cross-country differences in the composition of output between clean and dirty … countries have relatively high pollution levels …
Persistent link: https://www.econbiz.de/10014421193
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The Coal Transition and Its Implications for Health and Housing Values
Fraenkel, Rebecca; Zivin, Joshua S. Graff; Krumholz, Sam D. - National Bureau of Economic Research - 2022
During the past fifteen years, more than 30% of US coal plants have had at least one coal-fired generator close. We utilize this natural experiment to estimate the effect of coal plant exposure on mortality and house values. Using a difference-in-differences design, we find that, despite the...
Persistent link: https://www.econbiz.de/10013477294
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Accounting for Environmental Activity : Measuring Public Environmental Expenditures and the Environmental Goods and Services Sector in the US
Fixler, Dennis J.; Hass, Julie L.; Highfill, Tina; … - National Bureau of Economic Research - 2023
How much of the economy is focused on protecting, rehabilitating, or managing the environment? To answer this question, we develop a proof-of-concept environmental activity account to quantify the environmental goods and services sector (EGSS) in the United States. Methodologically, we employ a...
Persistent link: https://www.econbiz.de/10014337807
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Causal Effects of Renewable Portfolio Standards on Renewable Investments and Generation : The Role of Heterogeneity and Dynamics
Deschênes, Olivier; Malloy, Christopher; McDonald, Gavin G. - National Bureau of Economic Research - 2023
Despite a 30-year long history, Renewable Portfolio Standards (RPS) remain controversial and debates continue to surround their efficacy in leading the low-carbon transition in the electricity sector. Contributing to the ongoing debates is the lack of definitive causal evidence on their impact...
Persistent link: https://www.econbiz.de/10014337826
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Game, Sweat, Match : Temperature and Elite Worker Productivity
Burke, Marshall; Tanutama, Vincent; Heft-Neal, Sam; … - National Bureau of Economic Research - 2023
The effect of hot temperatures on labor productivity is thought to be a key channel through which a warming climate will impact the economy, and these impacts could help explain broader observed relationships between temperature and economic output. Yet for many workers and jobs, especially the...
Persistent link: https://www.econbiz.de/10014337882
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To Go Electric or To Burn Coal? A Randomized Field Experiment of Informational Nudges
Fang, Hanming; Li, King King; Shen, Peiyao - National Bureau of Economic Research - 2023
Coal heating in residential homes is an important source of indoor air pollution, leading to detrimental health effects …
Persistent link: https://www.econbiz.de/10014436972
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A Supply Curve for Forest-Based CO₂ Removal
Franklin, Sergio Luis; Pindyck, Robert S. - National Bureau of Economic Research - 2024
Forestation is viewed as an important means of removing CO₂ from the atmosphere and thereby reducing net CO₂ emissions. But how much CO₂ can be removed, and at what cost? Focusing on forested and forestable areas in South America, and using spatially disaggregated data, we estimate a...
Persistent link: https://www.econbiz.de/10014512061
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Energy Transitions in Regulated Markets
Gowrisankaran, Gautam; Langer, Ashley; Reguant, Mar - National Bureau of Economic Research - 2024
Natural gas has replaced coal as the dominant fuel for U.S. electricity generation. However, U.S. states that regulate electric utilities have retired coal more slowly than others. We build a structural model of rate-of-return regulation during an energy transition where utilities face tradeoffs...
Persistent link: https://www.econbiz.de/10014468287
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Incentive Pay and Social Returns to Worker Effort in Public Programs : Evidence from the Weatherization Assistance Program
Christensen, Peter; Francisco, Paul; Myers, Erica - National Bureau of Economic Research - 2023
Aligning compensation with recipient outcomes has the potential to improve the efficiency of government programs. We perform a field experiment to evaluate the impact of performance bonuses on the returns to spending in a large low-income energy efficiency assistance program. We find that...
Persistent link: https://www.econbiz.de/10014322710
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The Cost of Climate Policy to Capital : Evidence from Renewable Portfolio Standards
Hong, Harrison G.; Kubik, Jeffrey D.; Shore, Edward P. - National Bureau of Economic Research - 2023
Many US states have set ambitious renewable portfolio standards (RPS) that require utilities to switch from fossil fuels toward renewables. RPS increases the renewables capacity, bond issuance, maturity, and yield spreads of investor-owned utilities compared to municipal producers that are...
Persistent link: https://www.econbiz.de/10014447281