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Who Counts in Evaluating the Effects of Air Pollution Policies on Households? Non-Market Valuation in the Presence of Dependencies

Smith, V. Kerry; Evans, Mary F.; Poulos, Christine - National Bureau of Economic Research (NBER) - 2009

Individuals who are likely to realize the largest benefits from improvements in air quality often depend on other members of their households to make time or monetary contributions to their care. The presence of these dependency relationships among household members poses challenges for benefit...

Persistent link: https://www.econbiz.de/10005085384

Heart of Darkness: Modeling Public-Private Funding Interactions Inside the R&D Black Box

David, Paul A.; Hall, Bronwyn H - National Bureau of Economic Research (NBER) - 2000

This paper is a first step toward closing the analytical gap in the extensive literature on the results of interactions between public and private R&D expenditures, and their joint effects on the economy. Econometric studies in this area report a plethora of sometimes confusing and frequently...

Persistent link: https://www.econbiz.de/10005710378

Valuing a Homeland Security Policy: Countermeasures for the Threats from Shoulder Mounted Missiles

Smith, V. Kerry; Mansfield, Carol; Clayton, Laurel - National Bureau of Economic Research (NBER) - 2008

This paper reports estimates for the ex ante tradeoffs for three specific homeland security policies that all address a terrorist attack on commercial aircraft with shoulder mounted missiles. Our analysis focuses on the willingness to pay for anti-missile laser jamming countermeasures mounted on...

Persistent link: https://www.econbiz.de/10005718171

Estimating the General Equilibrium Benefits of Large Policy Changes: The Clean Air Act Revisited

Smith, V. Kerry; Banzhaf, Spencer; Sieg, Holger; Walsh, … - National Bureau of Economic Research (NBER) - 2000

This paper reports the first comprehensive approach for measuring the general equilibrium willingness to pay for large changes in air quality. It is based on a well defined locational equilibrium model. The approach allows estimation of households' indirect utility function and the underlying...

Persistent link: https://www.econbiz.de/10005720605

Do Citizens Want the Truth about Terrorist Threats Regardless of the Consequences?

Smith, V. Kerry; Mansfield, Carol; Klaiber, H. Allen - National Bureau of Economic Research (NBER) - 2010

This paper proposes the use of consumers' preferences in formulating policies for keeping secret information about terrorist activities and threats that might compromise future security. We report the results from two surveys indicating that people have clear preferences for full disclosure of...

Persistent link: https://www.econbiz.de/10008548804

The New Economics of Equilibrium Sorting and its Transformational Role for Policy Evaluation

Smith, V. Kerry; Kuminoff, Nicolai V.; Timmins, Christopher - National Bureau of Economic Research (NBER) - 2010

Households "sort" across neighborhoods according to their wealth and their preferences for public goods, social characteristics, and commuting opportunities. The aggregation of these individual choices in markets and in other institutions influences the supply of amenities and local public...

Persistent link: https://www.econbiz.de/10008565078

Patents as Quality Signals? The Implications for Financing Constraints on R&D

Hall, Bronwyn H; Czarnitzki, Dirk; Hottenrott, Hanna - National Bureau of Economic Research (NBER) - 2014

to financing constraints, but also do not seem to benefit from a patent quality signal. …

Persistent link: https://www.econbiz.de/10010950857

Evidence on the Impact of R&D and ICT Investment on Innovation and Productivity in Italian Firms

Hall, Bronwyn H; MAIRESSE, Jacques; Lotti, Francesca - National Bureau of Economic Research (NBER) - 2012

as sources of relative innovation underperformance in Europe vis-à-vis the United States. In this paper we investigate R …) that has been modified to include ICT investment and R&D as the two main inputs into innovation and productivity. We find … that R&D and ICT are both strongly associated with innovation and productivity, with R&D being more important for …

Persistent link: https://www.econbiz.de/10011271406

Identifying Age, Cohort and Period Effects in Scientific Research Productivity: Discussion and Illustration Using Simulated and Actual Data on French Physicists

Hall, Bronwyn H; MAIRESSE, Jacques; Turner, Laure - National Bureau of Economic Research (NBER) - 2005

The identification of age, cohort (vintage), and period (year) effects in a panel of individuals or other units is an old problem in the social sciences, but one that has not been much studied in the context of measuring researcher productivity. In the context of a semi-parametric model of...

Persistent link: https://www.econbiz.de/10005085008

Market Value and Patent Citations: A First Look

Hall, Bronwyn H; Jaffe, Adam; Trajtenberg, Manuel - National Bureau of Economic Research (NBER) - 2000

As patent data become more available in machine-readable form, an increasing number of researchers have begun to use … the economic meaning of these citation-based patent measures using the financial market valuation of the firms that own … measures of Tobin's Q for the firms. We find that citation-weighted patent stocks are more highly correlated with market value …

Persistent link: https://www.econbiz.de/10005714551