education in China appear to be zero. We estimate an instrumental variables fixed effects model where share of college graduates … is instrumented by the number of universities with special status and find positive external returns to education of … rural, men, and low-educated workers. This finding provides the motivation for increasing education investment in rural …

-term externalities of binge drinking. We find that these externalities are on average £4.9 billion per year ($7 billion), about £80 for …

-term externalities of binge drinking. We find that these externalities are on average $4.9 billion per year ($7 billion), about $80 for …

demand by reducing negative externalities. We apply the framework to the database of Kee et al. (2009) and derive ad valorem …

externalities associated with energy use-global warming, local air pollution, and various side effects (e.g., congestion) from motor … vehicles. Techniques for (roughly) estimating the magnitude of these externalities, and corrective energy taxes, on a country …