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emissions, a key ingredient in ozone formation. A rich quasi-experiment reveals that it decreased summertime ozone …, pharmaceutical expenditures, and mortality rates. Reductions in pharmaceutical purchases and mortality are each valued at $900 … conclude that ozone reductions are the primary channel for these effects, implying that ozone's costs are larger than …
Persistent link: https://www.econbiz.de/10011207670
that the reductions in ozone are the primary channel for these reductions in defensive investments and mortality rates … decreased the number of summer days with high ozone levels by about 25%. The NBP also led to reductions in expenditures on … prescription pharmaceutical expenditures of about 1.9%. Additionally, the summer mortality rate declined by approximately 0 …
Persistent link: https://www.econbiz.de/10010951019
European regions. More than half of the overall annual EU damages are estimated to be due to the additional premature mortality …
Persistent link: https://www.econbiz.de/10011111444
This paper uses avertive expenditures to estimate the demand for qualitative aspects of tap water supply. We focus on two characteristics that are of importance for water consumers: water hardness and aesthetic quality in terms of taste, smell and appearance. To elicit expenditures on substitute...
Persistent link: https://www.econbiz.de/10011115694
Electricity consumption produces private goods, such as heat for homes, but fossil fuel consumption impacts the public goods of clean air and water. While self interests can increase usage, social interests, such as global climate change, can impact an individual's attitude toward energy...
Persistent link: https://www.econbiz.de/10010939589
Cap and trade programs have considerable heterogeneity in permit validity and compliance timing. For example, permits have different validity across time (e.g., banking, borrowing, and seasons) and space (e.g., zonal restrictions), and compliance timing can be annual, in overlapping cycles, or...
Persistent link: https://www.econbiz.de/10011271496
Renewable fuel standards, low carbon fuel standards, and ethanol subsidies are popular policies to incentivize ethanol production and reduce emissions from transportation. Compared to carbon trading, these policies lead to large shifts in agricultural activity and unexpected social costs. We...
Persistent link: https://www.econbiz.de/10010796744
This non-technical summary presents the findings and recommendations from the project called ‘Analysis of institutional adaptability to redress electricity infrastructure vulnerability due to climate change’. The objectives of the project are to examine the adaptive capacity of existing...
Persistent link: https://www.econbiz.de/10011258290
Do you believe that at Christmas time the gas prices, the economy and the number of suicides peak? Do you think that the value of presents you are giving to your beloved is of importance? We show in this paper that conventional wisdom about Christmas is often doubtful. Furthermore, we give an...
Persistent link: https://www.econbiz.de/10011076221
In this paper we estimate the long- and short-run price elasticities of residential electricity consumption in Switzerland from a household survey by constructing an index of the stock of household appliances as well as by using energy services. We create the index by aggregating the information...
Persistent link: https://www.econbiz.de/10010796240