Information about this author at RePEc
NBER Working Papers and Publications
|May 2013||Using Weather Data and Climate Model Output in Economic Analyses of Climate Change|
with Solomon M. Hsiang, Wolfram Schlenker, Adam Sobel: w19087
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 identifies ways to avoid these pitfalls. We first provide an introduction to weather data, including a summary of the types of datasets available, and then discuss five common pitfalls that empirical researchers should be aware of when using historical weather data as explanatory variables in econometric applications. We then provide a brief overview of climate models and discuss two common and significant errors often made by economists when climate model output is used to simulate the future impac...
Published: M. Auffhammer & S. M. Hsiang & W. Schlenker & A. Sobel, 2013. "Using Weather Data and Climate Model Output in Economic Analyses of Climate Change," Review of Environmental Economics and Policy, vol 7(2), pages 181-198.
|June 2011||Pounds that Kill: The External Costs of Vehicle Weight|
with Michael Anderson: w17170
Heavier vehicles are safer for their own occupants but more hazardous for the occupants of other vehicles. In this paper we estimate the increased probability of fatalities from being hit by a heavier vehicle in a collision. We show that, controlling for own-vehicle weight, being hit by a vehicle that is 1,000 pounds heavier results in a 47% increase in the baseline fatality probability. Estimation results further suggest that the fatality risk is even higher if the striking vehicle is a light truck (SUV, pickup truck, or minivan). We calculate that the value of the external risk generated by the gain in fleet weight since 1989 is approximately 27 cents per gallon of gasoline. We further calculate that the total fatality externality is roughly equivalent to a gas tax of $1.08 per gallon. W...
Published: “Pounds Th at Kill: Th e External Costs of Vehicle Weight.” Joint with Max Au ff hammer, UC Berkeley. 2014. Review of Economic Studies . 81(2): pp. 535-571. citation courtesy of
|May 2011||Impacts of Climate Change on Residential Electricity Consumption: Evidence from Billing Data|
with Anin Aroonruengsawat
in The Economics of Climate Change: Adaptations Past and Present, Gary D. Libecap and Richard H. Steckel, editors
|December 2010||Classification, Detection and Consequences of Data Error: Evidence from the Human Development Index|
with Hendrik Wolff, Howard Chong: w16572
We measure and examine data error in health, education and income statistics used to construct the Human Development Index. We identify three sources of data error which are due to (i) data updating, (ii) formula revisions and (iii) thresholds to classify a country's development status. We propose a simple statistical framework to calculate country specific measures of data uncertainty and investigate how data error biases rank assignments. We find that up to 34% of countries are misclassified and, by replicating prior studies, we show that key estimated parameters vary by up to 100% due to data error.
Published: Hendrik Wolff & Howard Chong & Maximilian Auffhammer, 2011. "Classification, Detection and Consequences of Data Error: Evidence from the Human Development Index," Economic Journal, Royal Economic Society, vol. 121(553), pages 843-870, 06. citation courtesy of