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Economists have long been interested in measuring distributional impacts of policy interventions. As environmental justice (EJ) emerged as an ethical issue in the 1970s, the academic literature has provided statistical analyses of the incidence and causes of various environmental outcomes as...
Persistent link: https://www.econbiz.de/10009650452
Considerable interest has been expressed recently in prospects for water quality trading markets between nutrient sources in the Chesapeake Bay Watershed. Allowing such flexibility in response to the terms of recently announced total maximum daily load (TMDL) restrictions might considerably...
Persistent link: https://www.econbiz.de/10009650456
Understanding why farmers over-apply fertilizer is essential to designing effective agro-environmental policy. If farmers are simply inefficient, possibilities exist for simultaneously improving farm profits and the environment. If not, costly trade-offs are necessary. This article examines why...
Persistent link: https://www.econbiz.de/10010613899
This paper develops methods for evaluating distributional impacts of alternative environmental policies across demographic groups. The income inequality literature provides a natural methodological toolbox for comparing distributions of environmental outcomes. We show that the most commonly used...
Persistent link: https://www.econbiz.de/10010900519
Persistent link: https://www.econbiz.de/10005293592
Standard economic models of groundwater management impose restrictive assumptions regarding perfect transmissivity (i.e., the aquifer behaves as a bathtub), no external effects of groundwater stocks, observability of individual extraction rates, and/or homogenous agents. In this article, we...
Persistent link: https://www.econbiz.de/10010279623
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Standard economic models of groundwater management assume perfect transmissivity (i.e., the aquifer behaves as a bathtub), no external effects of groundwater stocks, and/or homogenous agents. In this article, we develop a model relaxing these assumptions. Although our model generalizes to an...
Persistent link: https://www.econbiz.de/10008587668
This paper analyzes border protection policies for managing risk of unintended imports of invasive species. Previous work typically assumes invasive species risk to be exogenous and commonly known. Here, we examine cases in which endogenous actions (exporter abatement) affect risk and allow for...
Persistent link: https://www.econbiz.de/10008587694
Hedonic valuation of urban amenities often requires estimating housing and labor market regressions. It is difficult to get both types of data for all survey respondents. We show that the common practice of conducting two separate regressions with unbalanced data causes inconsistent covariance...
Persistent link: https://www.econbiz.de/10008465820