Showing 1 - 10 of 60
This paper examines the consequences of data error in data series used to construct aggregate indicators. Using the most popular indicator of country level economic development, the Human Development Index (HDI), we identify three separate sources of data error. We propose a simple statistical...
Persistent link: https://www.econbiz.de/10011130827
Heavier vehicles are safer for their own occupants but more hazardous for other vehicles. Simple theory thus suggests that an unregulated vehicle fleet is inefficiently heavy. Using three separate identification strategies we show that, controlling for own-vehicle weight, being hit by a vehicle...
Persistent link: https://www.econbiz.de/10011268084
Agricultural production is heavily dependent on weather outcomes, and hence climate change has the potential to significantly alter the sector's productivity. Both reduced form studies as well as integrated assessment models have found that the agricultural sector might experience significant...
Persistent link: https://www.econbiz.de/10011115920
This paper reviews the literature on the relationship between climate and the energy sector. In particular, we primarily discuss empirical papers published in peer-reviewed economics journals focusing on how climate affects energy expenditures and consumption. Climate will affect energy...
Persistent link: https://www.econbiz.de/10011115928
Economists are increasingly using weather data and climate model output in analyses of the economic impacts of climate change. This article introduces weather data sets and climate models that are frequently used, discusses the most common mistakes economists make in using these products, and...
Persistent link: https://www.econbiz.de/10010821814
A recent paper in this journal argues that the choice of statistical model is responsible for the divergence in damage estimates of climate change on US agriculture. We provide five arguments why we believe this assertion is misguided. Copyright Springer Science+Business Media Dordrecht 2013
Persistent link: https://www.econbiz.de/10010728153
Current forecasts suggest that the vast majority of growth in energy demand will come from the developing world, and that China will play a major part in that growth. This paper presents evidence suggesting that the shape of the income distribution, which is typically omitted from forecasting...
Persistent link: https://www.econbiz.de/10010773956
One of the major adaptation mechanisms to climate change is increased demand for cooling via the air conditioning of indoor environments. China¡¯s demand for air conditioners has displayed explosive growth since 1995. This paper provides estimates of the income and short run weather...
Persistent link: https://www.econbiz.de/10010888534
We examine the effects of the 1990 Clean Air Act Amendments (CAAA) on ambient concentrations of PM10 in the United States between 1990 and 2005. Consistent with prior literature, we find that non-attainment designation has no effect on the average monitor in non-attainment counties, after...
Persistent link: https://www.econbiz.de/10010882390
Persistent link: https://www.econbiz.de/10010848741