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Burlig, Fiona; Preonas, Louis; Woerman, Matt - National Bureau of Economic Research - 2021

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

Do Property Rights Alleviate the Problem of the Commons? Evidence from California Groundwater Rights

Ayres, Andrew B. - 2019

their effectiveness remains elusive. We develop a model of dynamic groundwater extraction to demonstrate how a spatial …

Persistent link: https://www.econbiz.de/10012480212

How Transaction Costs Obstruct Collective Action : Evidence from California’s Groundwater

Ayres, Andrew B. - 2017

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

Does Agriculture Generate Local Economic Spillovers? Short-run and Long-run Evidence from the Ogallala Aquifer

Hornbeck, Richard - 2012

agricultural gains when post-WWII technologies increased farmers' access to groundwater. Comparing counties over the Ogallala with …

Persistent link: https://www.econbiz.de/10012460244

The Evolving Impact of the Ogallala Aquifer : Agricultural Adaptation to Groundwater and Climate

Hornbeck, Richard - 2011

, 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

Using Employee Level Data in a Firm Level Econometric Study

Mairesse, Jacques - 1999

In this paper, we make the general point that econometric studies of the firm can be effectively and substantially enriched by using information collected from employees, even if only a few of them are surveyed per firm. Though variables measured on the basis of the answers of very few employees...

Persistent link: https://www.econbiz.de/10012471772

One Instrument to Rule Them All : The Bias and Coverage of Just-ID IV

Angrist, Joshua D.; Kolesar, Michal - National Bureau of Economic Research - 2021

Two-stage least squares estimates in heavily over-identified instrumental variables (IV) models can be misleadingly close to the corresponding ordinary least squares (OLS) estimates when many instruments are weak. Just-identified (just-ID) IV estimates using a single instrument are also biased,...

Persistent link: https://www.econbiz.de/10012660095

Highly Powered Analysis Plans

Anderson, Michael L.; Magruder, Jeremy R. - National Bureau of Economic Research - 2022

Formal analysis plans limit false discoveries by registering and multiplicity adjusting statistical tests. As each registered test reduces power on other tests, researchers prune hypotheses based on prior knowledge, often by combining related indicators into evenly-weighted indices. We propose...

Persistent link: https://www.econbiz.de/10013172142

Tax Reform and Corporate Investment : A Microeconometric Simulation Study

Salinger, Michael A. - 1981

This paper develops a methodology for simulating the effects of alternative corporate tax reforms on the stock market valuation and investment plans of individual firms. The methods are applied to estimate the effects of alternative corporate tax reforms on the 30 Dow Jones companies. The...

Persistent link: https://www.econbiz.de/10012478358

Microeconometric Models of Consumer Demand

Dubé, Jean-Pierre H. - 2018

A long literature has developed econometric methods for estimating individual-consumer-level demand systems that accommodate corner solutions. The increasing access to transaction-level customer purchase histories across a wide array of markets and industries vastly expands the prospect for...

Persistent link: https://www.econbiz.de/10012480866