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Groundwater is a key resource for agricultural production globally. Increasingly rapid aquifer drawdowns--as well as the policies intended to increase their sustainability--increase costs to agricultural producers, with unknown consequences. This paper provides the first large-scale empirical...
Persistent link: https://www.econbiz.de/10012510584
We provide the first at-scale estimate of electric vehicle (EV) home charging. Previous estimates are either based on surveys that reach conflicting conclusions, or are extrapolated from a small, unrepresentative sample of households with dedicated EV meters. We combine billions of hourly...
Persistent link: https://www.econbiz.de/10012482667
The passage of landmark government regulation is often the culmination of evolving social pressure and incremental policy change. During this process, firms may preemptively adjust behavior in anticipation of impending regulation, making it difficult to quantify the overall economic impact of...
Persistent link: https://www.econbiz.de/10012585446
Many transportation policies indirectly affect vehicle travel and resulting externalities by inducing changes in vehicle scrappage rates. We leverage the staggered removal of state-level safety inspection programs across the United States within an instrumental variables (IV) framework to...
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An influential literature posits that introducing market mechanisms to price-regulated industries generates substantial long-run efficiency benefits by removing the incentive to over-invest in capital. The coal storage behavior of U.S. power plants is an ideal setting to empirically assess this...
Persistent link: https://www.econbiz.de/10014108314
This paper provides empirical evidence that U.S. power plants exhibit risk aversion when purchasing coal. Specifically, I show that plants facing more spot coal price uncertainty sign longer duration coal contracts, purchase contract coal from a larger number of origin counties, and pay higher...
Persistent link: https://www.econbiz.de/10012905502
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