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In many industries firms can learn about new technologies from other adopters; mandatory disclosure regulations represent an understudied channel for this type of social learning. We study an environmentally-focused law in the shale gas industry to examine firm claims that disclosure...
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Migration is an important risk-reduction strategy for households in developing countries. In this paper, we examine the impact of irrigation and its interaction with rainfall on short-term migration decisions in India. Our results show that migration responds to costs, and that deep fossil-water...
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Land use policy is administered at the local level in the U.S. However, many of the benefits and costs have broader spatial impacts. Thus, a lack of coordination across local jurisdictions may lead to unintended spillovers. Using historical data from the Baltimore, Maryland metro, we examine the...
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Spatial equilibrium in housing markets implies that distant factors are correlated with prices in specific (focal) neighborhoods through market mechanisms. Using this logic, we develop a novel approach for handling price endogeneity in a reduced-form land use model. We combine a control function...
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We investigate whether residential development patterns from a rapidly growing exurban area are consistent with the urban economic model's predictions of leapfrog and infill development. Using historical data on subdivision development from 1960-2005 in the Baltimore, Maryland region, we develop...
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