Seth Freedman, Lauren Hoehn-Velasco, Diana R Jolles
{"title":"Intensive care supply and admission decisions.","authors":"Seth Freedman, Lauren Hoehn-Velasco, Diana R Jolles","doi":"10.1016/j.jhealeco.2025.102967","DOIUrl":"https://doi.org/10.1016/j.jhealeco.2025.102967","url":null,"abstract":"<p><p>Over 2005-2019, the number of neonatal intensive care units (NICUs) grew by 10%, and the number of NICU beds increased by 30%. This expansion in intensive care has raised concerns over unwarranted intensive care admissions. In this study, we examine whether the greater supply of NICUs causally raises admission rates. Our event-study results show that an additional NICU opening in a county raises the share of newborns admitted to the NICU by 8%. The majority of new NICU admissions come from healthier newborns (2,500 grams and over) rather than very premature newborns (<1,500 grams). Admission for the smallest newborns (those under 1,500 grams) only increases in counties with limited NICU access. In these areas, greater NICU supply also reduces mortality, but only for very small newborns (<1,500 grams). Together, our findings suggest a tradeoff, where higher NICU supply reduces neonatal mortality for the most vulnerable infants while also raising admission for healthier newborns.</p>","PeriodicalId":50186,"journal":{"name":"Journal of Health Economics","volume":"100 ","pages":"102967"},"PeriodicalIF":3.4,"publicationDate":"2025-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143034036","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Urban StudiesPub Date : 2025-01-10DOI: 10.1177/00420980241309830
Gábor Patkós
{"title":"Book review: Urban Culture and the Modern City: Hungarian Case Studies","authors":"Gábor Patkós","doi":"10.1177/00420980241309830","DOIUrl":"https://doi.org/10.1177/00420980241309830","url":null,"abstract":"","PeriodicalId":51350,"journal":{"name":"Urban Studies","volume":"7 1","pages":""},"PeriodicalIF":4.7,"publicationDate":"2025-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142961397","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Local income inequality and product variety: empirical evidence","authors":"Dieter Pennerstorfer, Nora Schindler, Biliana Yontcheva","doi":"10.1093/jeg/lbae050","DOIUrl":"https://doi.org/10.1093/jeg/lbae050","url":null,"abstract":"This article investigates the relationship between local income inequality and firms’ location and product choices. Using detailed information on income at a regionally disaggregated level and individual data on Austrian restaurants, we show that product variety crucially depends on the distribution (in addition to the level) of income. Local markets with higher income inequality are characterized by a larger number of firms, offering a wider range of products and less common product variants. These findings suggest that local demand is substantially influenced by the heterogeneity of consumers’ income endowments, resulting in large differences in product variety.","PeriodicalId":48251,"journal":{"name":"Journal of Economic Geography","volume":"25 1","pages":""},"PeriodicalIF":2.9,"publicationDate":"2025-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142961654","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Energy EconomicsPub Date : 2025-01-10DOI: 10.1016/j.eneco.2024.108176
Maurice K. Ekoue, Matt Woerman, Cédric Clastres
{"title":"Intermittency and uncertainty in wind and solar energy: Impacts on the French electricity market","authors":"Maurice K. Ekoue, Matt Woerman, Cédric Clastres","doi":"10.1016/j.eneco.2024.108176","DOIUrl":"https://doi.org/10.1016/j.eneco.2024.108176","url":null,"abstract":"Renewable energy technologies are critical to reducing greenhouse gas emissions from the electricity sector. However, intermittency and uncertainty of renewable energy sources create challenges for the operation of electricity grids and markets. We analyze the impacts of intermittency and uncertainty from wind and solar energy in a novel setting: the French electricity market. We find that these characteristics affect the intraday wholesale electricity price in unique ways. Moreover, market-specific characteristics, including interconnections with neighboring markets and the conventional generation mix, impact the magnitude of these price effects.","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"56 1","pages":""},"PeriodicalIF":12.8,"publicationDate":"2025-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142990213","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Energy EconomicsPub Date : 2025-01-10DOI: 10.1016/j.eneco.2024.108141
Justus Böning, Kenneth Bruninx, Marten Ovaere, Guido Pepermans, Erik Delarue
{"title":"The effectiveness of future financial benefits on PV adoption — Evidence from Belgium","authors":"Justus Böning, Kenneth Bruninx, Marten Ovaere, Guido Pepermans, Erik Delarue","doi":"10.1016/j.eneco.2024.108141","DOIUrl":"https://doi.org/10.1016/j.eneco.2024.108141","url":null,"abstract":"We assess the effect of different incentive schemes with future financial benefits on photovoltaic (PV) adoption patterns in the residential sector for the two biggest regions of Belgium - Flanders and Wallonia. Due to variation in incentive schemes across the regions and within regions across months, we can identify the effect of changes in future benefits on adoption. We combine and compare three distinct and widely used incentive schemes for PV, namely output-based, capacity-based and net metering, which is electricity cost saving-based. We find that PV adoption in the residential sector is highly sensitive to overall future financial benefits. A one percent increase in overall benefits per kW of installed capacity increases the number of installations by around 6%. However, the different incentive schemes have varying degrees of effectiveness. In particular, capacity- and output-based incentive schemes, which directly compensate households with a fixed price per produced amount of electric energy or per installed capacity annually are around 6 percentage points more effective in fostering PV uptake than the cost saving-based net metering, which depends on future electricity prices and production. Furthermore, the average size of new installations depends on whether incentive schemes remunerate for additional capacity.","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"9 1","pages":""},"PeriodicalIF":12.8,"publicationDate":"2025-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142990216","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Energy EconomicsPub Date : 2025-01-10DOI: 10.1016/j.eneco.2025.108179
Jian Wang, Huanhuan Du, Kefu Lin
{"title":"Substitution effects of high-speed railway on carbon mitigation: From theory to empirics","authors":"Jian Wang, Huanhuan Du, Kefu Lin","doi":"10.1016/j.eneco.2025.108179","DOIUrl":"https://doi.org/10.1016/j.eneco.2025.108179","url":null,"abstract":"Understanding the substitution effects of public transit developments, such as the introduction of high-speed railway, is critical for advancing carbon abatement and combating global climate change. This study aims to analyze the profound impacts of high-speed railway, specifically the Kyushu Shinkansen in Japan, on the sustainability performance of passenger vehicles. We first build a theoretical model to reveal the underlying mechanisms of substitution effects. Consistent with theoretical predictions, we employ a difference-in-differences approach to examine the causal impact of the high-speed railway rollout on carbon emissions from passenger vehicles in the Kyushu region of Japan. Our findings reveal a notable decrease in carbon emissions per capita from passenger vehicles in regions served by the high-speed railway, compared to those non-serviced areas. Meanwhile, we confirm that these substitution effects are less pronounced in the freight transport sector. This paper not only contributes to the understanding of HSR's energy impact but also provides valuable insights into the broader implications of transportation infrastructure development on sustainable transportation practices.","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"49 1","pages":""},"PeriodicalIF":12.8,"publicationDate":"2025-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142990212","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Cost-effectiveness of the addition of sintilimab as a first-line therapy for locally advanced or metastatic oesophageal squamous cell carcinoma: a Chinese healthcare system perspective.","authors":"Cuicui Yu, Yingqi Wu, Yadi Geng, Hui Yan, Pengli Zhu, Peng Ji, Fei Wu, Lijuan Ning, Yubin Feng, Aizong Shen","doi":"10.1186/s13561-024-00588-2","DOIUrl":"10.1186/s13561-024-00588-2","url":null,"abstract":"<p><strong>Background: </strong>The ORIENT-15 double-blind randomized controlled trial demonstrated that the addition of sintilimab to chemotherapy for locally advanced or metastatic oesophageal squamous cell carcinoma (OSCC) resulted in better clinical outcomes. In this analysis, we sought to evaluate the cost-effectiveness of sintilimab as a first-line treatment for locally advanced or metastatic OSCC from a healthcare system perspective in China.</p><p><strong>Methods: </strong>A partitioned survival model was constructed to perform a cost-effectiveness analysis comparing chemotherapy alone with sintilimab for locally advanced or metastatic OSCC patients. Clinical data were obtained from the ORIENT-15 trial and extrapolated to 10 years. Health state utilities and costs were sourced from the literature and from public healthcare institutions. The primary outcomes included the incremental cost-effectiveness ratio (ICER) and quality-adjusted life-years (QALYs). Two different sensitivity analyses, one-way and probabilistic, were performed to assess model uncertainty.</p><p><strong>Results: </strong>Sintilimab-based chemotherapy was more costly ($31699.21 vs. $20687.42) and more effective (0.74 vs. 0.53) than placebo-based chemotherapy, resulting in an ICER of $51908.19 /QALY, which is greater than the willingness-to-pay (WTP) threshold of China ($38223/QALY). Sensitivity analysis demonstrated that the PFS and cost of sintilimab were the major influencing factors affecting the results.</p><p><strong>Conclusions: </strong>In patients with locally advanced or metastatic OSCC, sintilimab chemotherapy could improve survival time and health benefits compared with traditional chemotherapy, but the present analysis suggests that sintilimab is not a cost-effective treatment option in China.</p>","PeriodicalId":46936,"journal":{"name":"Health Economics Review","volume":"15 1","pages":"2"},"PeriodicalIF":2.7,"publicationDate":"2025-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC11720610/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142956632","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Energy EconomicsPub Date : 2025-01-09DOI: 10.1016/j.eneco.2025.108184
Helen Cai, Wanhao Zhang, Qiong Yuan, Anas A. Salameh, Saad Alahmari, Massimiliano Ferrara
{"title":"Cost-effective intelligent building: Energy management system using machine learning and multi-criteria decision support","authors":"Helen Cai, Wanhao Zhang, Qiong Yuan, Anas A. Salameh, Saad Alahmari, Massimiliano Ferrara","doi":"10.1016/j.eneco.2025.108184","DOIUrl":"https://doi.org/10.1016/j.eneco.2025.108184","url":null,"abstract":"Enhancing cost-effective energy management in buildings is critical for achieving sustainability goals and addressing the challenges posed by rising energy use, which is a major concern for energy policy frameworks worldwide. This study is a trailblazer in using multi-criteria decision-making (MCDM) methodologies for the real-time operational optimisation of building energy systems. Data collection and pre-processing, feature extraction, feature selection, classification, trust authentication, encryption, and decryption are among the techniques used in this approach. Pre-processing procedures for the raw data include feature encoding, dimension reduction, and normalisation approaches. The Hybrid Grey Level Co-occurrence Matrix Fast Fourier Transform (HGLCM-FFT) method is used for feature extraction. Filter-based methods are used for feature selection, including IG, CS, symmetric uncertainty, and gain ratio. The Hierarchical Gradient Boosted Isolation Forest (HGB-IF) technique is used for the classification. Distributed Adaptive Trust-Based Authentication (DAT-BA), a security architecture in distributed cloud environments, uses trust authentication. The Particle Swarm Optimized Symmetrical Blowfish (PSOSB) method is used for encryption and decryption.The proposed framework not only ensures robust data security but also provides actionable insights for energy efficiency improvements, aligning with broader economic and environmental objectives. The suggested work is implemented using OS Python – 3.9.6; the performance of the proposed model is Attack Detection Rate, False alarm rate, True positive rate, Network usage, CPU usage, Encryption time, encryption time, and Throughput.","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"13 1","pages":""},"PeriodicalIF":12.8,"publicationDate":"2025-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142990214","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Q: Risk, rents, or growth?","authors":"Alexandre Corhay, Howard Kung, Lukas Schmid","doi":"10.1016/j.jfineco.2024.103990","DOIUrl":"https://doi.org/10.1016/j.jfineco.2024.103990","url":null,"abstract":"We document that the increasing polarization in Tobin’s <mml:math altimg=\"si13.svg\" display=\"inline\"><mml:mi>Q</mml:mi></mml:math> within industries is closely connected to the growing divergence in rents and the emergence of superstar firms over the past four decades, while discount rates and growth rates did not exhibit the same increasing dispersion. We explain these industry polarization trends in an estimated general equilibrium model where each industry consists of large superstar oligopolists and small monopolistically competitive firms with endogenous transitions between them. Small firms make investments in speculative innovation to increase their probability of becoming superstars. Our model estimation finds that rising entry barriers in both small and superstar firms contribute to rising polarization in markups, but the rising barriers to creating small firms and increasing tastes for goods produced by superstars account for most of the divergence in <mml:math altimg=\"si13.svg\" display=\"inline\"><mml:mi>Q</mml:mi></mml:math>. Stunting the creation of small firms generates greater incentives for speculative innovation, magnifying the impact of market power dispersion on industry polarization in <mml:math altimg=\"si13.svg\" display=\"inline\"><mml:mi>Q</mml:mi></mml:math>.","PeriodicalId":51346,"journal":{"name":"Journal of Financial Economics","volume":"11 1","pages":""},"PeriodicalIF":8.9,"publicationDate":"2025-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142968119","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Urban StudiesPub Date : 2025-01-09DOI: 10.1177/00420980241299674
Ranabir Samaddar, Susannah Bunce, Chiara Camponeschi, David Wilson, S Harris Ali, Creighton Connolly, Roger Keil
{"title":"Book review forum: Pandemic urbanism: Infectious diseases on a planet of cities","authors":"Ranabir Samaddar, Susannah Bunce, Chiara Camponeschi, David Wilson, S Harris Ali, Creighton Connolly, Roger Keil","doi":"10.1177/00420980241299674","DOIUrl":"https://doi.org/10.1177/00420980241299674","url":null,"abstract":"","PeriodicalId":51350,"journal":{"name":"Urban Studies","volume":"3 1","pages":""},"PeriodicalIF":4.7,"publicationDate":"2025-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142940213","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}