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Combating Cross-Border Externalities
Shiyi, Chen; Zivin, Joshua S. Graff; Wang, Huanhuan; … - National Bureau of Economic Research - 2022
This paper investigates the impact of a pioneering pollution reduction program, the Ecological Compensation Initiative (ECI) in China, which establishes side payments between upstream and downstream provinces along the same river. The program includes both Coasian and pay-for-performance...
Persistent link: https://www.econbiz.de/10013334450
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Nonlinear Budget Set Regressions for the Random Utility Model
Blomquist, Nils Sören; Kumar, Anil; Liang, Che-yuan; … - National Bureau of Economic Research - 2023
This paper is about the nonparametric regression of a choice variable on a nonlinear budget set under utility maximization with general heterogeneity, i.e. in the random utility model (RUM). We show that utility maximization and convex budget sets make this regression three dimensional with a...
Persistent link: https://www.econbiz.de/10014250211
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Intangible Assets, Corporate Taxes and the Relocation of Pharmaceutical Establishments : The case of Puerto Rico
Feliciano, Zadia Maria; Chen, Meng-ting - National Bureau of Economic Research - 2021
Puerto Rico operated as a tax haven under U.S. Internal Revenue Code (IRC) Section 936. Firms in the pharmaceutical industry accounted for approximately 50% of tax credits awarded and 20% of employment under the program. The U.S. Congress eliminated the tax exemption program in 2006, creating a...
Persistent link: https://www.econbiz.de/10012599397
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Expecting Floods : Firm Entry, Employment, and Aggregate Implications
Jia, Ruixue; Ma, Xiao; Xie, Victoria Wenxin - National Bureau of Economic Research - 2022
Flood events and flood risk have been increasing in the past few decades and have important consequences for the economy. Using county-level and ZIP-code-level data from the United States during 1998-2018, we document that (1) increased flood risk has a large negative impact on firm entry,...
Persistent link: https://www.econbiz.de/10013334467
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State Taxes and Spatial Misallocation
Fajgelbaum, Pablo D. - 2015
We study state taxes as a potential source of spatial misallocation in the United States. We build a spatial general equilibrium framework that incorporates salient features of the U.S. state tax system, and use changes in state tax rates between 1980 and 2010 to estimate the model parameters...
Persistent link: https://www.econbiz.de/10012456911
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Is There a VA Advantage? Evidence from Dually Eligible Veterans
Chan, David C.; Card, David E.; Taylor, Lowell J. - National Bureau of Economic Research - 2022
of Doyle et al. (2015), we find that the VA reduces 28-day mortality by 46% (4.5 percentage points) and that these …
Persistent link: https://www.econbiz.de/10012938734
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The Impact of the COVID-19 Pandemic and Policy Responses on Excess Mortality
Agrawal, Virat; Cantor, Jonathan H.; Sood, Neeraj; … - National Bureau of Economic Research - 2021
of a SIP policy. We find that following the implementation of SIP policies, excess mortality increases. The increase in … excess mortality is statistically significant in the immediate weeks following SIP implementation for the international … of the policy. At the U.S. state-level, excess mortality increases in the immediate weeks following SIP introduction and …
Persistent link: https://www.econbiz.de/10012585414
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Safeguarding Consumers Through Minimum Quality Standards : Milk Inspections and Urban Mortality, 1880-1910
Anderson, D. Mark; Charles, Kerwin Kofi; McKelligott, … - National Bureau of Economic Research - 2022
-level data for the period 1880-1910, we find that milk inspections reduced mortality from waterborne and foodborne diseases by 8 …
Persistent link: https://www.econbiz.de/10013210091
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A Final Report Card on the States' Response to COVID-19
Kerpen, Phil; Moore, Stephen; Mulligan, Casey B. - National Bureau of Economic Research - 2022
Almost exactly two years ago COVID-19 spread to the United States. Following the federalism model, the 50 states and their governors and legislators made many of their own pandemic policy choices to mitigate the damage from the virus. States learned from one another over time about what policies...
Persistent link: https://www.econbiz.de/10013191023
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How the Reformulation of OxyContin Ignited the Heroin Epidemic
Evans, William N. - 2018
opioid mortality--each prevented opioid death was replaced with a heroin death …
Persistent link: https://www.econbiz.de/10012028935