We use newly-available Indian panel data to estimate how the returns to planting-stage investments vary by rainfall realizations. We show that the forecasts significantly affect farmer investment decisions and that these responses account for a substantial fraction of the inter-annual...

I examine cost forecasts for 49 fiber-optic and wireless networks funded by the Recovery Act. I find that grantees did not systematically underbid for projects. They did, however, underestimate and overestimate costs with nearly equal frequency, and escalate costs on average by 202 percent in...

The adoption of wind energy has grown significantly in recent years. New, cost-effective technologies have been developed, led by customer awareness of green technologies and a legal framework proposed at the European Union level. The stochastic nature of wind speed is transferred to wind...

Using a forecasting framework, this analysis illustrates how enterprise spending on Cloud Services will expand US GDP, jobs and technology spending. The preliminary forecast predicts the US economy will gain nearly 3 trillion Dollars in GDP and 8 Million new Jobs from 2015 to 2025. This suggests...

Wheat production has undergone rapid strides in India, mainly attributed to the widely cultivated high-yielding varieties (HYVs) and other technological interventions and innovations. Adopting such HYVs increased public welfare, especially in fulfilling food and nutritional security. Globally,...