education in China appear to be zero. We estimate an instrumental variables fixed effects model where share of college graduates … is instrumented by the number of universities with special status and find positive external returns to education of … rural, men, and low-educated workers. This finding provides the motivation for increasing education investment in rural …

externalities of renewable energy plants using wellbeing data. We focus on the example of biogas, one of the most frequently … negative externalities: impacts are moderate in size and spatially confined to a radius of 2,000 metres around plants. We …

externalities. Using instrumental variables based on changing wind directions, we show increased levels of contemporaneous pollution …

-term externalities of binge drinking. We find that these externalities are on average £4.9 billion per year ($7 billion), about £80 for …

where other firms are subsidized. These negative externalities depend on the share of firms that receive subsidies in the … subsidization, in a competitive environment of firms, may potentially harm non-subsidized firms. …

Using population-level administrative data, we study labor market externalities stemming from age-specific employment …

Consider an environment with widespread externalities, and suppose that binding agreements can be written. We study …

welfare effects of small policy changes in the presence of transport externalities. The model incorporates three types of … externalities: congestion, which has a feedback effect on the behaviour of the economic agents, air pollution and accidents. The … the equity effects of the policy reforms. The second contribution is related to the way in which the externalities are …

for externalities" is misleading since it tends to imply that there is more to externality than simply the non … detrimental nature of externality. Indeed, Arrow markets will not in general eliminate externalities. In a similar vein it is not …