Showing 1 - 10 of 3,495
How do geographic and historical-cultural factors shape new business formation? Using novel data on new business registrations, we document that 75% of the variation in new business formation is explained by time-invariant county-level factors and examine the extent to which such variation is...
Persistent link: https://www.econbiz.de/10012496160
We study how ownership structure, in particular public listing status, affects workplace safety and productivity tradeoffs. Theory offers competing hypotheses on how listing related frictions affect these tradeoffs. We exploit detailed asset-level data in the U.S. coal industry and find that...
Persistent link: https://www.econbiz.de/10012533347
Carbon intensity from fossil fuel use in the United States economy peaked in 1917. World War I ended, and the Spanish Flu pandemic broke out one year later in 1918. This paper contends that these events, coupled with associated turmoil in the domestic coal industry, were largely responsible for...
Persistent link: https://www.econbiz.de/10013388878
The division of America into red states and blue states misleadingly suggests that states are split into two camps, but along most dimensions, like political orientation, states are on a continuum. By historical standards, the number of swing states is not particularly low, and America's...
Persistent link: https://www.econbiz.de/10012466815
Large shareholders may play an important role for firm performance and policies, but identifying this empirically presents a challenge due to the endogeneity of ownership structures. We develop and test an empirical framework which allows us to separate selection from treatment effects of large...
Persistent link: https://www.econbiz.de/10012461265
Since 2005, the Chinese government has engaged in an ambitious effort to move China's energy system away from coal and towards more environmentally friendly sources of energy. However, China's investment in coal power has accelerated sharply in recent years, raising concerns of massive...
Persistent link: https://www.econbiz.de/10012479393
Opioid addiction and mortality skyrocketed over the past decade. A casual look at the geographic incidence of opioid mortality shows sharply higher mortality rates in the Appalachian region, especially in coal-mining areas. This has led observers to make a link that was characterized by one...
Persistent link: https://www.econbiz.de/10012480495
This paper examines the implications of a carbon-constrained future on coal-reliant county governments in the United States. We review modeling projections of coal production under reference and climate policy scenarios and argue that some state and local governments face important revenue...
Persistent link: https://www.econbiz.de/10012481501
Between 1869 and the early 1900s state governments regulated safety in mines and factories and reformed the liability for accidents. Reformers sought to reduce workers' risks and ensure that those involved in accidents received reasonable medical care and compensation for lost earnings. Yet...
Persistent link: https://www.econbiz.de/10012467629
A popular argument for safety regulations is that workers accept dangerous jobs because they have "no choice," or, in other words, because they have few or no alternative employment opportunities. This argument is considered in a game-theoretic framework. Because simultaneous-entry models do not...
Persistent link: https://www.econbiz.de/10012475090