Showing 1 - 10 of 65
In the half century since the founding of the U.S. Environmental Protection Agency, public and private U.S. sources have spent nearly $5 trillion ($2017) to provide clean rivers, lakes, and drinking water, or annual spending of 0.8 percent of U.S. GDP in most years. Yet over half of rivers and...
Persistent link: https://www.econbiz.de/10012480024
In many societies, social norms create common property rights in natural resources, limiting incentives for private investment. This paper uses a randomized evaluation in Kenya to measure the health impacts of investments to improve source water quality through spring protection, estimate the...
Persistent link: https://www.econbiz.de/10012463371
The efficiency properties of price and non-price instruments for conservation in environmental policy are well understood. Yet, there is little evidence comparing the effectiveness of these instruments, especially when considering water resource management. We exploit a rich panel of residential...
Persistent link: https://www.econbiz.de/10012458202
Many water utilities use outdoor watering restrictions based on assigned weekly watering days to promote conservation and delay costly capacity expansions. We find that such policies can lead to unintended consequences - customers who adhere to the prescribed schedule use more water than those...
Persistent link: https://www.econbiz.de/10012458305
Collective action to remedy the losses of open access to common-pool resources often is late and incomplete, extending rent dissipation. Examples include persistent over-exploitation of oil fields and ocean fisheries, despite general agreement that production constraints are needed. Transaction...
Persistent link: https://www.econbiz.de/10012455299
We explore Tinbergen's fundamental insight that policymakers need at least as many policy instruments as targets. We extend this idea using a large natural field experiment in water resource management. We use social comparisons and loss-framed messages to help achieve two goals of our partner...
Persistent link: https://www.econbiz.de/10012455794
China's environmental regulators have sought to reduce the Yangtze River's water pollution. We document that this regulatory effort has had two unintended consequences. First, the regulation's spatial differential stringency has displaced economic activity upstream. As polluting activity...
Persistent link: https://www.econbiz.de/10012456171
This paper formulates and estimates a household-level, billing-cycle water demand model under increasing block prices that accounts for the impact of monthly weather variation, the amount of vegetation on the household's property, and customer-level heterogeneity in demand due to household...
Persistent link: https://www.econbiz.de/10012456175
Persistent link: https://www.econbiz.de/10000553770
The standard Berry, Levinsohn, and Pakes (1995) (BLP) approach to estimation of demand and supply parameters assumes that the product characteristic observed by consumers and producers but not the researcher is conditionally mean independent of observed characteristics. We extend BLP to allow...
Persistent link: https://www.econbiz.de/10013477270