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Reconsidering the Economics of Demand Analysis with Kinked Budget Constraints

Strong, Aaron - 2008

This paper has two objectives. First, we identify a problem with the ability of the discrete-continuous choice (DCC) framework and conditional demand functions to fully describe consumer preferences in the presence of kinked budget constraints. Second, we propose and illustrate an alternative,...

Persistent link: https://www.econbiz.de/10012464344

Comparing Price and Non-Price Approaches to Urban Water Conservation

Olmstead, Sheila M. - 2008

Urban water conservation is typically achieved through prescriptive regulations, including the rationing of water for particular uses and requirements for the installation of particular technologies. A significant shift has occurred in pollution control regulations toward market-based policies...

Persistent link: https://www.econbiz.de/10012464499

The Behavioralist as Policy Designer : The Need to Test Multiple Treatments to Meet Multiple Targets

Hahn, Robert - 2016

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

Dams

Duflo, Esther - 2005

dam is built, agricultural production does not increase but poverty does. In contrast, districts located downstream from … the dam benefit from increased irrigation and see agricultural production increase and poverty fall. Overall, our … estimates suggest that large dam construction in India is a marginally cost-effective investment with significant distributional …

Persistent link: https://www.econbiz.de/10012466961

Are Resettled Oustees from the Sardar Sarovar Dam Project Better off Today than their Former Neighbors who were not Ousted?

Aiyar, Swaminathan S. Anklesaria - 2018

The Sardar Sarovar Dam in Gujarat is arguably the most controversial dam ever built in India, with over a 100 … to the dam from influential NGOs, there is no systematic empirical study of its effects on the long-term wellbeing of the … ousted families. Our study investigates: Are resettled oustees from the Sardar Sarovar Dam project better off in 2017 …

Persistent link: https://www.econbiz.de/10012453291

Gaining Steam : Incumbent Lock-in and Entrant Leapfrogging

Hornbeck, Richard; Hsu, Shanon; Humlum, Anders; … - National Bureau of Economic Research - 2024

We examine the long transition from water to steam power in US manufacturing, focusing on early users of mechanical power: lumber and flour mills. Digitizing Census of Manufactures manuscripts for 1850 to 1880, we show that as steam costs declined, manufacturing activity grew faster in counties...

Persistent link: https://www.econbiz.de/10014528423

Infrastructure, Incentives and Institutions

Ashraf, Nava - 2016

Cities generate negative, as well as positive, externalities; addressing those externalities requires both infrastructure and institutions. Providing clean water and removing refuse requires water and sewer pipes, but the urban poor are often unwilling to pay for the costs of that piping....

Persistent link: https://www.econbiz.de/10012456762

The Value of Piped Water and Sewers : Evidence from 19th Century Chicago

Coury, Michael; Kitagawa, Toru; Shertzer, Allison; … - National Bureau of Economic Research - 2022

We estimate the impact of piped water and sewers on property values in mid-19th century Chicago. The cost of sewer construction depends sensitively on imperceptible variation in grade, and such variations in grade delay water and sewer service to part of the city. This delay provides...

Persistent link: https://www.econbiz.de/10012938687

A Watershed Moment : The Clean Water Act and Infant Health

Flynn, Patrick; Marcus, Michelle M. - National Bureau of Economic Research - 2021

The Clean Water Act (CWA) significantly improved surface water quality, but at a cost exceeding the estimated benefits. We quantify the effect of the CWA on a direct measure of health and incorporate health benefits into a cost-benefit analysis. Using a difference-in-differences framework, we...

Persistent link: https://www.econbiz.de/10012616600

Producer Beliefs and Conservation : The Impact of Perceived Water Scarcity on Irrigation Technology Adoption

Blumberg, Joey; Goemans, Chris; Manning, Dale - National Bureau of Economic Research - 2022

Agricultural producers make investment decisions based on beliefs about future returns. This article investigates how changes in beliefs about input availability affects the adoption of conservation practices. We develop a theoretical model to examine how a producer's beliefs about water...

Persistent link: https://www.econbiz.de/10013210108

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