This article examines the effects of state economic development incentives in the emerging ethanol industry. We compiled data on ethanol production capacity and subsidies/tax credits for all states for the years 1980–2007, a period that covers the complete emergence of the biofuel industry in...

We test for a unique form of compensatory behavior among smokers who wish to continue their nicotine consumption following the smoking bans placed on bars. We find a substantial increase in smokeless tobacco use among smokers, particularly those who drink and are of typical bar-going age. We...

The U.S. business cycle that began with the recession of 2001 featured both a “jobless recovery” and substantial structural change, leading some to ponder the “Sectoral Shift Hypothesis,” whereby restructuring purportedly creates labor market inefficiencies. Previous studies have...