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Evaluating Rubin's Causal Model for Measuring the Capitalization of Environmental Amenities
Klaiber, H. Allen - 2009
This paper outlines a new framework for gauging the properties of quasi-experimental estimates of the willingness to pay (WTP) for changes in environmental and other non-market amenities. As a rule, quasi-experimental methods cannot offer alternative hypotheses to judge the quality of their...
Persistent link: https://www.econbiz.de/10012463692
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Risk and Return in Environmental Economics
Pindyck, Robert S. - 2012
I examine the risk/return tradeoff for environmental investments, and its implications for policy choice. Consider a policy to reduce carbon emissions. To what extent does the value of such a policy depend on the expected future damages from global warming versus uncertainty over those damages,...
Persistent link: https://www.econbiz.de/10012460398
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The Cost of Uncertain Life Span
Edwards, Ryan D. - 2008
adult life span is about 15 years in the U.S., and theory and evidence suggest it is costly. I calibrate a utility …
Persistent link: https://www.econbiz.de/10012464552
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Altruism, Fertility, and the Value of Children : Health Policy Evaluation and Intergenerational Welfare
Birchenall, Javier A. - 2007
This paper accounts for the value of children and future generations in the evaluation of health policies. This is … evaluation of current policies. Our model clarifies a series of puzzles from the literature on the "value of life" and on …
Persistent link: https://www.econbiz.de/10012465820
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Economic Growth and the Environment
Grossman, Gene M. - 1994
: concentrations of urban air pollution; measures of the state of the oxygen regime in river basins; concentrations of fecal …
Persistent link: https://www.econbiz.de/10012474270
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Evaluating the Welfare State
Heckman, James J. - 1998
-used econometric evaluation estimators and relate them to the requirements of a comprehensive cost-benefit analysis. We present … evidence on how the inference from the most commonly used econometric evaluation estimator is modified when the direct costs of …
Persistent link: https://www.econbiz.de/10012472265
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International Trade and the Environment : A Framework for Analysis
Copeland, Brian R. - 2001
and environment debate. The model contains as special cases a canonical pollution haven model as well as the standard … Heckscher-Ohlin-Samuelson factor endowments model. We draw quite heavily from trade theory, but develop a simple pollution …This paper sets out a general equilibrium pollution and trade model to provide a framework for examination of the trade …
Persistent link: https://www.econbiz.de/10012470178
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Optimal Cleanup and Liability After Environmentally Harmful Discharges
Polinsky, A. Mitchell - 1992
This article studies how liability for environmentally harmful discharges affects the incentives of firms to engage in cleanup and invest in precautions, as well as the incentives of consumers to purchase the goods whose production leads to discharges. Our main conclusion is that making firms...
Persistent link: https://www.econbiz.de/10012474792
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Using Field Experiments in Environmental and Resource Economics
List, John A. - 2013
This study showcases the usefulness of field experiments to the study of environmental and resource economics. Our focus pertains to work related to field experiments in the area of 'behavioral' environmental and resource economics. Within this rubric, we discuss research in two areas: those...
Persistent link: https://www.econbiz.de/10012459372
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The Local Economic and Welfare Consequences of Hydraulic Fracturing
Bartik, Alexander W. - 2017
Exploiting geological variation within shale deposits and timing in the initiation of hydraulic fracturing, this paper finds that allowing fracing leads to sharp increases in oil and gas recovery and improvements in a wide set of economic indicators. At the same time, estimated...
Persistent link: https://www.econbiz.de/10012455620