NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Papers on Environment and Energy Economics

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2017
w24103 Sébastien Houde
Joseph E. Aldy

The Efficiency Consequences of Heterogeneous Behavioral Responses to Energy Fiscal Policies
w24063 Ravi Jagannathan
Ashwin Ravikumar
Marco Sammon

Environmental, Social, and Governance Criteria: Why Investors are Paying Attention
w24072 Tatyana Deryugina
Solomon Hsiang

The Marginal Product of Climate
w24048 Steffen Meyer
Michaela Pagel

Fresh Air Eases Work - The Effect of Air Quality on Individual Investor Activity
w24025 Erich Muehlegger
Richard L. Sweeney

Pass-Through of Input Cost Shocks Under Imperfect Competition: Evidence from the U.S. Fracking Boom
w24033 Carolyn Fischer
William A. Pizer

Equity Effects in Energy Regulation
w24036 Shuai Chen
Paulina Oliva
Peng Zhang

The Effect of Air Pollution on Migration: Evidence from China
w24003 Alberto Abadie
Susan Athey
Guido W. Imbens
Jeffrey Wooldridge

When Should You Adjust Standard Errors for Clustering?
w23991 Peng Zhang
Olivier Deschenes
Kyle C. Meng
Junjie Zhang

Temperature Effects on Productivity and Factor Reallocation: Evidence from a Half Million Chinese Manufacturing Plants
w23974 Richard G. Newell
Brian C. Prest

Informing SPR Policy Through Oil Futures and Inventory Dynamics
w23973 Richard G. Newell
Brian C. Prest

The Unconventional Oil Supply Boom: Aggregate Price Response from Microdata
w23966 Nicholas J. Sanders
Ryan Sandler

Technology and the Effectiveness of Regulatory Programs Over Time: Vehicle Emissions and Smog Checks with a Changing Fleet
w23924 James B. Bushnell
Jonathan E. Hughes
Aaron Smith

Food vs. Fuel? Impacts of Petroleum Shipments on Agricultural Prices.
w23929 Agha Ali Akram
Shyamal Chowdhury
Ahmed Mushfiq Mobarak

Effects of Emigration on Rural Labor Markets
w23908 Fiona Burlig
Christopher Knittel
David Rapson
Mar Reguant
Catherine Wolfram

Machine Learning from Schools about Energy Efficiency
w23882 Solomon Hsiang
Paulina Oliva
Reed Walker

The Distribution of Environmental Damages
w23852 Karen Clay
Akshaya Jha
Nicholas Muller
Randall Walsh

The External Costs of Transporting Petroleum Products by Pipelines and Rail: Evidence From Shipments of Crude Oil from North Dakota
w23854 Laura A. Bakkensen
Lint Barrage

Flood Risk Belief Heterogeneity and Coastal Home Price Dynamics: Going Under Water?
w23855 Thomas R. Covert
Ryan Kellogg

Crude by Rail, Option Value, and Pipeline Investment
w23856 James Archsmith
Kenneth Gillingham
Christopher R. Knittel
David S. Rapson

Attribute Substitution in Household Vehicle Portfolios
w23858 Evan Herrnstadt
Richard L. Sweeney

What Lies Beneath: Pipeline Awareness and Aversion
w23818 Nida Çakir Melek
Michael Plante
Mine K. Yücel

The U.S. Shale Oil Boom, the Oil Export Ban, and the Economy: A General Equilibrium Analysis
w23791 Lucija Muehlenbachs
Stefan Staubli
Ziyan Chu

The Accident Externality from Trucking
w23752 Christiane J.S. Baumeister
Reinhard Ellwanger
Lutz Kilian

Did the Renewable Fuel Standard Shift Market Expectations of the Price of Ethanol?
w23677 Don Fullerton
Erich Muehlegger

Who Bears the Economic Costs of Environmental Regulations?
w23692 Garth Heutel
Prospect Theory and Energy Efficiency
w23646 William D. Nordhaus
Andrew Moffat

A Survey of Global Impacts of Climate Change: Replication, Survey Methods, and a Statistical Analysis
w23625 Victor Stango
Joanne Yoong
Jonathan Zinman

Quicksand or Bedrock for Behavioral Economics? Assessing Foundational Empirical Questions
w23602 Catherine Hausman
David S. Rapson

Regression Discontinuity in Time: Considerations for Empirical Applications
w23591 Eli P. Fenichel
Matthew J. Kotchen
Ethan T. Addicott

Even the Representative Agent Must Die: Using Demographics to Inform Long-Term Social Discount Rates
w23553 Meredith Fowlie
Catherine Wolfram
C. Anna Spurlock
Annika Todd
Patrick Baylis
Peter Cappers

Default Effects and Follow-On Behavior: Evidence from an Electricity Pricing Program
w23533 Sun Ling Wang
Eldon Ball
Richard Nehring
Ryan Williams
Truong Chau

Impacts of Climate Change and Extreme Weather on U.S. Agricultural Productivity: Evidence and Projection
w23549 Derek Lemoine
Expect Above Average Temperatures: Identifying the Economic Impacts of Climate Change
w23524 Alan I. Barreca
Matthew Neidell
Nicholas J. Sanders

Long-Run Pollution Exposure and Adult Mortality: Evidence from the Acid Rain Program
w23526 Ali Hortaçsu
Fernando Luco
Steven L. Puller
Dongni Zhu

Does Strategic Ability Affect Efficiency? Evidence from Electricity Markets
w23495 Hannah Krovetz
Rebecca Taylor
Sofia Villas-Boas

Willingness to Pay for Low Water Footprint Food Choices During Drought
w23496 Cecilia Bellora
Élodie Blanc
Jean-Marc Bourgeon
Eric Strobl

Estimating the Impact of Crop Diversity on Agricultural Productivity in South Africa
w23483 Tatyana Deryugina
Alexander MacKay
Julian Reif

The Long-Run Dynamics of Electricity Demand: Evidence from Municipal Aggregation
w23417 Akshaya Jha
Nicholas Z. Muller

Handle with Care: The Local Air Pollution Costs of Coal Storage.
w23420 Derek Lemoine
Innovation-Led Transitions in Energy Supply
w23410 Leah Platt Boustan
Matthew E. Kahn
Paul W. Rhode
Maria Lucia Yanguas

The Effect of Natural Disasters on Economic Activity in US Counties: A Century of Data
w23408 Melissa S. Kearney
Riley Wilson

Male Earnings, Marriageable Men, and Nonmarital Fertility: Evidence from the Fracking Boom
w23382 Andrew B. Ayres
Eric C. Edwards
Gary D. Libecap

How Transaction Costs Obstruct Collective Action: Evidence from California's Groundwater
w23386 Hunt Allcott
Michael Greenstone

Measuring the Welfare Effects of Residential Energy Efficiency Programs
w23392 Anna Aizer
Janet Currie

Lead and Juvenile Delinquency: New Evidence from Linked Birth, School and Juvenile Detention Records
w23346 Ian Martin
Robert S. Pindyck

Averting Catastrophes that Kill
w23349 K.E. McConnell
Juha V. Siikamäki
V. Kerry Smith

A Strategy for Evaluating the Opportunity Cost of Time Estimates from New Choice Margins
w23355 John A. List
Robert D. Metcalfe
Michael K. Price
Florian Rundhammer

Harnessing Policy Complementarities to Conserve Energy: Evidence from a Natural Field Experiment
w23340 Antonio Bento
Kenneth Gillingham
Kevin Roth

The Effect of Fuel Economy Standards on Vehicle Weight Dispersion and Accident Fatalities
w23326 Seungwoo Chin
Matthew E. Kahn
Hyungsik Roger Moon

Estimating the Gains from New Rail Transit Investment: A Machine Learning Tree Approach
w23318 William A. Pizer
Steven Sexton

Distributional Impacts of Energy Taxes
w23319 William D. Nordhaus
Evolution of Assessments of the Economics of Global Warming: Changes in the DICE model, 1992 - 2017
w23295 Rema Hanna
Gabriel Kreindler
Benjamin A. Olken

Citywide Effects of High-Occupancy Vehicle Restrictions: Evidence from the Elimination of '3-in-1' in Jakarta
w23271 Garth Heutel
Nolan H. Miller
David Molitor

Adaptation and the Mortality Effects of Temperature Across U.S. Climate Regions
w23272 Sergio L. Franklin
Jr.
Robert S. Pindyck

Tropical Forests, Tipping Points, and the Social Cost of Deforestation
w23277 Alec Brandon
Paul J. Ferraro
John A. List
Robert D. Metcalfe
Michael K. Price
Florian Rundhammer

Do The Effects of Social Nudges Persist? Theory and Evidence from 38 Natural Field Experiments
w23250 Julie Anne Cronin
Don Fullerton
Steven E. Sexton

Vertical and Horizontal Redistributions from a Carbon Tax and Rebate
w23260 Jacquelyn Pless
Arthur A. van Benthem

The Surprising Pass-Through of Solar Subsidies
w23169 Enrique Alberola
Gianluca Benigno

Revisiting the Commodity Curse: A Financial Perspective
w23190 Jonathan Eyer
Matthew E. Kahn

Prolonging Coal's Sunset: The Causes and Consequences of Local Protectionism for a Declining Polluting Industry
w23201 Matthew E. Kahn
Is Local Public Sector Rent Extraction Higher in Progressive Cities or High Amenity Cities?
w23155 Matthew E. Kahn
Daxuan Zhao

The Impact of Climate Change Skepticism on Adaptation in a Market Economy
w23097 Judson P. Boomhower
Lucas W. Davis

Do Energy Efficiency Investments Deliver at the Right Time?
w23105 Chien-Yu Lai
Andreas Lange
John A. List
Michael K. Price

The Business of Business is Business: Why (Some) Firms Should Provide Public Goods when they Sell Private Goods
w23106 Nicholas Ryan
The Competitive Effects of Transmission Infrastructure in the Indian Electricity Market
w23060 Alexander W. Bartik
Janet Currie
Michael Greenstone
Christopher R. Knittel

The Local Economic and Welfare Consequences of Hydraulic Fracturing
w23064 Don Fullerton
Chi L. Ta

Public Finance in a Nutshell: A Cobb Douglas Teaching Tool for General Equilibrium Tax Incidence and Excess Burden
w23070 David A. Keiser
Joseph S. Shapiro

Consequences of the Clean Water Act and the Demand for Water Quality
w23076 Hunt Allcott
Christopher Knittel

Are Consumers Poorly Informed about Fuel Economy? Evidence from Two Experiments
w23033 Murat Iyigun
Nathan Nunn
Nancy Qian

Winter is Coming: The Long-Run Effects of Climate Change on Conflict, 1400-1900
w23045 Chia-Wen Chen
Wei-Min Hu
Christopher R. Knittel

Subsidizing Fuel Efficient Cars: Evidence from China's Automobile Industry
w23053 Steve Cicala
Imperfect Markets versus Imperfect Regulation in U.S. Electricity Generation
w23056 Eoin McGuirk
Marshall Burke

The Economic Origins of Conflict in Africa
w23023 Matthew J. Kotchen
Maximizing the Impact of Climate Finance: Funding Projects or Pilot Projects?
w23024 Ryan Kellogg
Gasoline Price Uncertainty and the Design of Fuel Economy Standards
2016
w23009 Ravi Bansal
Marcelo Ochoa
Dana Kiku

Climate Change and Growth Risks
w22969 Michael Gelman
Yuriy Gorodnichenko
Shachar Kariv
Dmitri Koustas
Matthew D. Shapiro
Dan Silverman
Steven Tadelis

The Response of Consumer Spending to Changes in Gasoline Prices
w22962 Joshua Graff Zivin
Matthew E. Kahn

Industrial Productivity in a Hotter World: The Aggregate Implications of Heterogeneous Firm Investment in Air Conditioning
w22964 Juan Moreno-Cruz
M. Scott Taylor

An Energy-centric Theory of Agglomeration
w22983 H. Spencer Banzhaf
Taha Kasim

Fuel Consumption and Gasoline Prices: The Role of Assortative Matching between Households and Automobiles
w22933 William D. Nordhaus
Projections and Uncertainties About Climate Change in an Era of Minimal Climate Policies
w22937 Kenneth Gillingham
Anders Munk-Nielsen

A Tale of Two Tails: Commuting and the Fuel Price Response in Driving
w22939 J. Scott Holladay
Jacob LaRiviere
David M. Novgorodsky
Michael Price

Asymmetric Effects of Non-Pecuniary Signals on Search and Purchase Behavior for Energy-Efficient Durable Goods
w22955 Marcos A. Rangel
Tom Vogl

Agricultural Fires and Infant Health
w22956 Arik Levinson
Energy Efficiency Standards Are More Regressive Than Energy Taxes: Theory and Evidence
w22911 Mathias Reynaert
James M. Sallee

Corrective Policy and Goodhart's Law: The Case of Carbon Emissions from Automobiles
w22925 Lucas W. Davis
Christopher R. Knittel

Are Fuel Economy Standards Regressive?
w22914 Erik Gilje
Robert Ready
Nikolai Roussanov

Fracking, Drilling, and Asset Pricing: Estimating the Economic Benefits of the Shale Revolution
w22886 Robert Hahn
Robert D. Metcalfe
David Novgorodsky
Michael K. Price

The Behavioralist as Policy Designer: The Need to Test Multiple Treatments to Meet Multiple Targets
w22885 Gregory Casey
Oded Galor

Population Growth and Carbon Emissions
w22895 B. Kelsey Jack
Grant Smith

Charging Ahead: Prepaid Electricity Metering in South Africa
w22859 Steve Gibbons
Stephan Heblich
Esther Lho
Christopher Timmins

Fear of Fracking? The Impact of the Shale Gas Exploration on House Prices in Britain
w22862 Stephen P. Holland
Erin T. Mansur
Nicholas Z. Muller
Andrew J. Yates

Distributional Effects of Air Pollution from Electric Vehicle Adoption
w22864 Edward Schlee
V. Kerry Smith

The Welfare Cost of Uncertainty in Policy Outcomes
w22845 Tatyana Deryugina
Barrett Kirwan

Does The Samaritan's Dilemma Matter? Evidence From U.S. Agriculture
w22813 Martin Weitzman
On a World Climate Assembly and the Social Cost of Carbon
w22830 Matthew E. Kahn
Jerry Nickelsburg

An Economic Analysis of U.S Airline Fuel Economy Dynamics from 1991 to 2015
w22795 Kent D. Daniel
Robert B. Litterman
Gernot Wagner

Applying Asset Pricing Theory to Calibrate the Price of Climate Risk
w22807 Robert S. Pindyck
The Social Cost of Carbon Revisited
w22796 Tatyana Deryugina
Garth Heutel
Nolan H. Miller
David Molitor
Julian Reif

The Mortality and Medical Costs of Air Pollution: Evidence from Changes in Wind Direction
w22804 Matilde Bombardini
Bingjing Li

Trade, Pollution and Mortality in China
w22769 V. Kerry Smith
Min Qiang Zhao

Evaluating Economy-Wide Benefit Cost Analyses
w22752 Geoffrey Heal
Notes on the Economics of Energy Storage
w22753 Anthony Heyes
Matthew Neidell
Soodeh Saberian

The Effect of Air Pollution on Investor Behavior: Evidence from the S&P 500
w22731 Laurence J. Kotlikoff
Andrey Polbin
Andrey Zubarev

Will the Paris Accord Accelerate Climate Change?
w22636 Jevan Cherniwchan
Brian R. Copeland
M. Scott Taylor

Trade and the Environment: New Methods, Measurements, and Results
w22644 Maureen Cropper
Alan Krupnick
William Raich

Preferences for Equality in Environmental Outcomes
w22658 Allison Shertzer
Tate Twinam
Randall P. Walsh

Zoning and the Economic Geography of Cities
w22558 Anna Aizer
Janet Currie
Peter Simon
Patrick Vivier

Do Low Levels of Blood Lead Reduce Children's Future Test Scores?
w22573 David Popp
From Science to Technology: The Value of Knowledge From Different Energy Research Institutions
w22579 Nicholas Z. Muller
The Derivation of Discount Rates with an Augmented Measure of Income.
w22522 Resul Cesur
Erdal Tekin
Aydogan Ulker

Can Natural Gas Save Lives? Evidence from the Deployment of a Fuel Delivery System in a Developing Country
w22524 Antony Millner
Geoffrey Heal

Collective Intertemporal Choice: the Possibility of Time Consistency
w22525 Geoffrey Heal
What Would it Take to Reduce US Greenhouse Gas Emissions 80% by 2050?
w22529 Ravi Bansal
Dana Kiku
Marcelo Ochoa

Price of Long-Run Temperature Shifts in Capital Markets
w22532 Richard G. Newell
Brian C. Prest
Ashley Vissing

Trophy Hunting vs. Manufacturing Energy: The Price-Responsiveness of Shale Gas
w22536 Kyle C. Meng
Estimating Path Dependence in Energy Transitions
w22537 Gilbert E. Metcalf
The Impact of Removing Tax Preferences for U.S. Oil and Natural Gas Production: Measuring Tax Subsidies by an Equivalent Price Impact Approach
w22507 Zhao Chen
Matthew E. Kahn
Yu Liu
Zhi Wang

The Consequences of Spatially Differentiated Water Pollution Regulation in China
w22503 Frank A. Wolak
Designing Nonlinear Price Schedules for Urban Water Utilities to Balance Revenue and Conservation Goals
w22494 Frank A. Wolak
Level versus Variability Trade-offs in Wind and Solar Generation Investments: The Case of California
w22454 Elena Verdolini
Francesco Vona
David Popp

Bridging the Gap: Do Fast Reacting Fossil Technologies Facilitate Renewable Energy Diffusion?
w22413 Christopher Severen
Christopher Costello
Olivier Deschenes

A Forward Looking Ricardian Approach: Do Land Markets Capitalize Climate Change Forecasts?
w22421 Niko Jaakkola
Daniel Spiro
Arthur A. van Benthem

Finders, Keepers?
a0628 Don Fullerton
Catherine Wolfram

Environmental and Energy Economics
w22378 Seema Jayachandran
Joost de Laat
Eric F. Lambin
Charlotte Y. Stanton

Cash for Carbon: A Randomized Controlled Trial of Payments for Ecosystem Services to Reduce Deforestation
w22379 William A. Pizer
Brian Prest

Prices versus Quantities with Policy Updating
w22367 Koichiro Ito
Shuang Zhang

Willingness to Pay for Clean Air: Evidence from Air Purifier Markets in China
w22345 Laurence Levin
Matthew S. Lewis
Frank A. Wolak

High Frequency Evidence on the Demand for Gasoline
w22316 Greer K. Gosnell
John A. List
Robert Metcalfe

A New Approach to an Age-Old Problem: Solving Externalities by Incenting Workers Directly
w22328 Tom Chang
Joshua Graff Zivin
Tal Gross
Matthew Neidell

The Effect of Pollution on Worker Productivity: Evidence from Call-Center Workers in China
w22303 Roberton C. Williams III
Environmental Taxation
w22314 Solomon Hsiang
Nitin Sekar

Does Legalization Reduce Black Market Activity? Evidence from a Global Ivory Experiment and Elephant Poaching Data
w22292 Kenneth Lee
Edward Miguel
Catherine Wolfram

Experimental Evidence on the Demand for and Costs of Rural Electrification
w22294 Hashmat Khan
Christopher R. Knittel
Konstantinos Metaxoglou
Maya Papineau

Carbon Emissions and Business Cycles
w22261 Catherine Hausman
Lucija Muehlenbachs

Price Regulation and Environmental Externalities: Evidence from Methane Leaks
w22263 Claudia Persico
David Figlio
Jeffrey Roth

Inequality Before Birth: The Developmental Consequences of Environmental Toxicants
w22269 Marc A. C. Hafstead
Roberton C. Williams III

Unemployment and Environmental Regulation in General Equilibrium
w22272 Tatyana Deryugina
The Fiscal Cost of Hurricanes: Disaster Aid Versus Social Insurance
w22281 Sharat Ganapati
Joseph S. Shapiro
Reed Walker

The Incidence of Carbon Taxes in U.S. Manufacturing: Lessons from Energy Cost Pass-Through
w22240 Cuicui Chen
Richard J. Zeckhauser

Collective Action in an Asymmetric World
w22242 Soren T. Anderson
James M. Sallee

Designing Policies to Make Cars Greener: A Review of the Literature
w22246 Matthew J. Kotchen
Which Social Cost of Carbon? A Theoretical Perspective
w22255 Kyle C. Meng
Using a Free Permit Rule to Forecast the Marginal Abatement Cost of Proposed Climate Policy
w22197 Martin L. Weitzman
How a Minimum Carbon Price Commitment Might Help to Internalize the Global Warming Externality
w22214 Todd Gerarden
W. Spencer Reeder
James H. Stock

Federal Coal Program Reform, the Clean Power Plan, and the Interaction of Upstream and Downstream Climate Policies
w22181 Solomon M. Hsiang
Climate Econometrics
w22185 Bryan Leonard
Gary D. Libecap

Collective Action by Contract: Prior Appropriation and the Development of Irrigation in the Western United States
w22155 Karen Clay
Joshua Lewis
Edson Severnini

Canary in a Coal Mine: Infant Mortality, Property Values, and Tradeoffs Associated with Mid-20th Century Air Pollution
w22105 Lucas W. Davis
The Environmental Cost of Global Fuel Subsidies
w22092 Nicholas Z. Muller
An Input-Output Model of the U.S. Economy with Pollution Externality
w22088 Rhiannon Jerch
Matthew E. Kahn
Shanjun Li

Efficient Local Government Service Provision: The Role of Privatization and Public Sector Unions
w22075 Richard G. Newell
Yifei Qian
Daniel Raimi

Global Energy Outlook 2015
w22060 Martin L. Weitzman
Some Theoretical Connections Among Wealth, Income, Sustainability, and Accounting
w22063 Mark R. Jacobsen
Christopher R. Knittel
James M. Sallee
Arthur A. van Benthem

Sufficient Statistics for Imperfect Externality-Correcting Policies
w21988 Lee Alston
Bernardo Mueller

Economic Backwardness and Catching Up: Brazilian Agriculture, 1964-2014
w21966 Nicholas Z. Muller
Paul Ruud

What Forces Dictate the Design of Pollution Monitoring Networks?
w21968 David A. Bielen
Richard G. Newell
William A. Pizer

Who Did the Ethanol Tax Credit Benefit? An Event Analysis of Subsidy Incidence
w21949 Kenneth Lee
Edward Miguel
Catherine Wolfram

Appliance Ownership and Aspirations among Electric Grid and Home Solar Households in Rural Kenya
w21903 Gary D. Libecap
Coasean Bargaining to Address Environmental Externalities
w21912 Matthew E. Kahn
Nils Kok
Peng Liu

Is California More Energy Efficient than the Rest of the Nation? Evidence from Commercial Real Estate
w21869 Eric C. Edwards
Oscar Cristi
Gonzalo Edwards
Gary D. Libecap

An Illiquid Market in the Desert: The Role of Interest Groups in Shaping Environmental Regulation
w21875 John A. List
Azeem M. Shaikh
Yang Xu

Multiple Hypothesis Testing in Experimental Economics

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