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Choosing Who Chooses : Selection-Driven Targeting in Energy Rebate Programs
Ida, Takanori; Ishihara, Takunori; Ito, Koichiro; Kido, … - National Bureau of Economic Research - 2022
We develop an optimal policy assignment rule that integrates two distinctive approaches commonly used in economics--targeting by observables and targeting through self-selection. Our method can be used with experimental or quasi-experimental data to identify who should be treated, be untreated,...
Persistent link: https://www.econbiz.de/10013388825
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The Macroeconomic Impact of Climate Change : Global vs. Local Temperature
Bilal, Adrien; Känzig, Diego R. - National Bureau of Economic Research - 2024
substantially larger. We use our reduced-form evidence to estimate structural damage functions in a standard neoclassical growth …
Persistent link: https://www.econbiz.de/10014544728
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On the Geographic Implications of Carbon Taxes
Conte, Bruno; Desmet, Klaus; Rossi-Hansberg, Esteban - National Bureau of Economic Research - 2022
A unilateral carbon tax trades off the distortionary costs of taxation and the future gains from slowing down global warming. Because the cost is local and immediate, whereas the benefit is global and delayed, this tradeoff tends to be unfavorable to unilateral carbon taxes. We show that this...
Persistent link: https://www.econbiz.de/10013462726
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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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Declining Responsiveness at the Establishment Level : Sources and Productivity Implications
Cooper, Russell W.; Haltiwanger, John C.; Willis, … - National Bureau of Economic Research - 2024
This paper studies competing sources of declining dynamism. Evidence shows that an important component of this decline is accounted for by the reduction in the response of employment to shocks in US establishments. Using a plant level dynamic optimization problem as a framework for analysis,...
Persistent link: https://www.econbiz.de/10014486222
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Climate Change, Population Growth, and Population Pressure
Henderson, J. Vernon; Jang, Bo Yeon; Storeygard, Adam; … - National Bureau of Economic Research - 2024
aggregate economic output. We apply it to estimate and compare the projected effects of climate change and population growth … over the course of the 21st century, by country and globally. We find that standard population growth projections imply … population impacts are correlated across countries: climate change and population growth will have their most damaging effects in …
Persistent link: https://www.econbiz.de/10014486236
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Institutions, Comparative Advantage, and the Environment
Shapiro, Joseph S. - National Bureau of Economic Research - 2023
This paper proposes that strong financial, judicial, and labor market institutions provide comparative advantage in clean industries, and thereby improve a country's environmental quality. Five complementary tests support this hypothesis. First, industries that depend on institutions are...
Persistent link: https://www.econbiz.de/10014421193
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Climate Change, Directed Innovation, and Energy Transition : The Long-run Consequences of the Shale Gas Revolution
Acemoglu, Daron; Aghion, Philippe; Barrage, Lint; … - National Bureau of Economic Research - 2023
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
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How Much Will Global Warming Cool Global Growth?
Nath, Ishan B.; Ramey, Valerie A.; Klenow, Peter J. - National Bureau of Economic Research - 2024
Does a permanent rise in temperature decrease the level or growth rate of GDP in affected countries? Differing answers … indirect evidence on economic growth with new empirical estimates of the dynamic effects of temperature on GDP to argue that … warming has persistent, but not permanent, effects on growth. We start by presenting a range of evidence that technology flows …
Persistent link: https://www.econbiz.de/10014635723
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Decarbonization and Electrification in the Long Run
Holland, Stephen P.; Mansur, Erin; Yates, Andrew J. - National Bureau of Economic Research - 2022
Decarbonization and electrification will require a transformed electricity grid. Our long-run model of entry and exit of generation and storage capacity captures crucial aspects of the electricity industry such as time-varying demand for electricity, intermittency of renewables, and...
Persistent link: https://www.econbiz.de/10013210110