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between the environment and individual well-being. First, in explicitly recognizing how optimizing behavior, particularly in … focus of analysis beyond traditional health outcomes to include measures of human capital, including labor supply … importance of health and human capital as an engine for economic growth, these findings underscore the role of environmental …
Persistent link: https://www.econbiz.de/10012459726
The channels by which better health leads to higher income, and those by which higher income protects health status …, are of interest to both researchers and policy makers. In general, quantifying the impact of income on health is difficult …, given the simultaneous determination of health and income. In this paper, we quantify the impact on health status of a large …
Persistent link: https://www.econbiz.de/10012470223
documents the long-run health effects of early life exposure to drought and investigates an important source of heterogeneity in … variation, I estimate long-run health impacts of drought exposure among Africans confined to homelands during apartheid. Drought … long-run effects on health human capital, migrant networks in poor economies provide one channel through which families …
Persistent link: https://www.econbiz.de/10012458907
The problem of the commons is more important to our lives and thus more central to economics than a century ago when Katharine Coman led off the first issue of the American Economic Review. As the U.S. and other economies have grown, the carrying-capacity of the planet -- in regard to natural...
Persistent link: https://www.econbiz.de/10012462253
health and the market economy from which damage to these ecosystems stems as an integrated system. We find that willingness …
Persistent link: https://www.econbiz.de/10012462808
This article examines and quantifies the relationship between local amenities and prices in an equilibrium model, demonstrating the role of non-traded goods and federal taxes. I derive formulae using factor shares to infer local land rents, productivity, and the total value of amenities from...
Persistent link: https://www.econbiz.de/10012463668
This paper outlines a new framework for gauging the properties of quasi-experimental estimates of the willingness to pay (WTP) for changes in environmental and other non-market amenities. As a rule, quasi-experimental methods cannot offer alternative hypotheses to judge the quality of their...
Persistent link: https://www.econbiz.de/10012463692
This paper examines voluntary provision of a public good that is motivated, in part, to compensate for other activities that diminish the public good. Markets for environmental offsets, such as those that promote carbon neutrality to minimize the impact of climate change, provide an increasingly...
Persistent link: https://www.econbiz.de/10012464996
Using data assembled by the Global Environmental Monitoring System we examine the reduced-form relationship between various environmental indicators and the level of a country's per capita income. Our study covers four types of indicators: concentrations of urban air pollution; measures of the...
Persistent link: https://www.econbiz.de/10012474270
Using novel US environmental spill data, we document a robust negative relationship between the number of spills a firm experiences in a given year and its contemporaneous and lagged (but not future) cash flow. In addition, studying two natural experiments, we find an increase (decrease) in...
Persistent link: https://www.econbiz.de/10012453200