We value climate amenities by estimating a discrete location choice model for households that changed metropolitan statistical areas (MSAs) between 1995 and 2000. The utility of each MSA depends on location-specific amenities, earnings opportunities, housing costs, and the cost of moving to the...

This paper estimates the effect of early lead exposure on academic achievement and adult earnings. We analyze longitudinal information from individuals attending primary and secondary schools in the city of Arica (in northern Chile). Between 1984 and 1989, Arica received more than 20,000 tons of...

Corn prices increased sharply in the summer of 2012 due to expected production shortfalls in the United States, which produces roughly 40% of the world's corn. A heat wave in July adversely affected corn production. We extend earlier statistical models of county-level corn yields in the Eastern...

The purpose of this paper is to introduce the concept of power density [Watts/m²] into economics. By introducing an explicit spatial structure into a simple general equilibrium model we are able to show how the power density of available energy resources determines the extent of energy...

This paper develops a methodology aimed at assisting policymakers in selecting the optimal policy option to support the carbon price within the ETS. We consider different policy proposals that can support the carbon price either by intervening on the ETS cap (-30%, set-aside, carbon central...

Hydro-meteorological disasters have caused increasing losses in recent years. Efficient risk reduction policies require accurate assessment approaches, with careful consideration of costs, beyond direct tangible costs, which are commonly used in practice. Faced with possible risk reduction...

This CCEA project for the state's Department of Energy and Environmental Protection (DEEP) details how outdoor activities on state lands have an economic impact of more than $1 billion a year, from expenditures by residents and visitors on a variety of outdoor activities including camping,...

This paper examines severe light pollution such as commonly found in large urban areas. Light pollution is the unintended negative consequences of poorly designed and injudiciously used artificial lighting. Light pollution generates significant costs including wasted energy and damage to human...

This paper’s motivation is to contribute to the growing literature on contingent valuation in developing countries. In a new survey in Rwanda valuing people’s contribution for electrification, an innovative design is proposed, giving the choice to respondents between two scenarios: one in...