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Thermal-based power stations rely on water for cooling purposes. These water sources may be subject to incidents of scarcity, environmental regulations and competing economic concerns. This paper analyses the effect of water scarcity and increased river temperatures on German electricity prices...
Persistent link: https://www.econbiz.de/10013089970
ties) than in sparsely populated areas. We also demonstrate that, for a low urbanization level, there is a unique steady …-state equilibrium where workers do not interact with weak ties, while, for a high level of urbanization, there is a unique steady … when social interactions are optimal, we show that there is over-urbanization in equilibrium …
Persistent link: https://www.econbiz.de/10013059681
This paper extends the Baltagi et al. (2018, 2021) static and dynamic ?-contamination papers to dynamic space-time models. We investigate the robustness of Bayesian panel data models to possible misspecification of the prior distribution. The proposed robust Bayesian approach departs from the...
Persistent link: https://www.econbiz.de/10014264204
This paper reviews and extends the recent empirical literature on the impact of climate change on mortality and adaptation in the United States. The analysis produces several new facts. First, the reductions in the impact of extreme heat on mortality risk previously documented up to 2004 have...
Persistent link: https://www.econbiz.de/10014079419
Addressing climate change requires individual behavior change and voter support for pro-climate policies, yet surprisingly little is known about how to achieve these outcomes. In this paper, we estimate causal effects of additional education on pro-climate outcomes using new compulsory schooling...
Persistent link: https://www.econbiz.de/10014260006
Germany, where East German data on economic activity are unavailable for detailed regional levels and historical time series …
Persistent link: https://www.econbiz.de/10014076720
More than 40% of US grain is used for energy due to the Renewable Fuels Mandate (RFS). There are no studies of the global distributional consequences of this purely domestic policy. Using micro-level survey data, we trace the effect of the RFS on world food prices and their impact on household...
Persistent link: https://www.econbiz.de/10012898125
In an open economy with common property resources at the community level, marriage and migratory decisions crucially depend on inheritance rules on the commons. Motivated by the traditional management of the commons in the Italian Alps, we present a model that fits the evolution of property...
Persistent link: https://www.econbiz.de/10013001872
This paper provides a systematic analysis of the way shifts in property utilization rights in China induced another sequence of institutional changes that led to the rise of rural-urban labor migration from 1980 to 1984, a critical period in the country's market transition. I show that the...
Persistent link: https://www.econbiz.de/10013106945
Do leader networks promote efficient intergovernmental contracts? We examine a groundbreaking policy in China where subprovincial governments freely traded land conversion quotas, and investigate the role of leader networks on the boundary between jurisdictions that embrace trade versus autarky....
Persistent link: https://www.econbiz.de/10013001319