Showing 1 - 10 of 220
, technological improvements made groundwater from the Ogallala aquifer available for irrigation. Comparing counties over the Ogallala … with nearby similar counties, groundwater access increased irrigation intensity and initially reduced the impact of …
Persistent link: https://www.econbiz.de/10012461032
Groundwater is a key resource for agricultural production globally. Increasingly rapid aquifer drawdowns--as well as … consequences. This paper provides the first large-scale empirical estimates of how farmers respond to changes in groundwater costs … variation in the price of electricity, a key input into groundwater extraction, we find that farmers are very price responsive …
Persistent link: https://www.econbiz.de/10012510584
their effectiveness remains elusive. We develop a model of dynamic groundwater extraction to demonstrate how a spatial …
Persistent link: https://www.econbiz.de/10012480212
groundwater basins using a new dataset to identify factors that influence the adoption of extraction controls. In 309 basins … severely overdrafted. Meanwhile, users in 31 basins have defined groundwater property rights, the most complete solution. We …
Persistent link: https://www.econbiz.de/10012455299
agricultural gains when post-WWII technologies increased farmers' access to groundwater. Comparing counties over the Ogallala with …
Persistent link: https://www.econbiz.de/10012460244
We model early expectations about the value and technological importance ('quality') of a patented innovation as a latent variable common to a set of four indicators: the number of patent claims, forward citations, backward citations and family size. The model is estimated for four technology...
Persistent link: https://www.econbiz.de/10012471439
This paper proposes a Bayesian method of performance evaluation for investment managers. We begin with a flexible set …
Persistent link: https://www.econbiz.de/10012471727
We present both theory and evidence that increased competition may decrease rather than increase consumer welfare in subprime credit markets. We present a model of lending markets with imperfect competition, adverse selection and costly lender screening. In more competitive markets, lenders have...
Persistent link: https://www.econbiz.de/10012616617
This paper examines the economic foundations of some recently proposed criteria for evaluating the benefits of social programs. These criteria are appropriate for comparing a class of revenue-constant policies. They replace foundational principles of social opportunity costs with accounting...
Persistent link: https://www.econbiz.de/10013191099
We study the effect of photo ID laws on voting using a difference-in-differences estimation approach around Rhode Island's implementation of a photo ID law. We employ anonymized administrative data to measure the law's impact by comparing voting behavior among those with drivers' licenses versus...
Persistent link: https://www.econbiz.de/10012479459