Journal of Environmental Economics and Management最新文献

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Love of variety and the welfare effects of trade in renewable resources 爱的多样性与可再生资源贸易的福利效应
IF 4.6 3区 经济学
Journal of Environmental Economics and Management Pub Date : 2024-03-06 DOI: 10.1016/j.jeem.2024.102968
Isha Dube, Martin Quaas
{"title":"Love of variety and the welfare effects of trade in renewable resources","authors":"Isha Dube,&nbsp;Martin Quaas","doi":"10.1016/j.jeem.2024.102968","DOIUrl":"10.1016/j.jeem.2024.102968","url":null,"abstract":"<div><p>We analyze welfare effects of trade in renewable resources, which is induced by consumer love of variety in resource consumption. We model two countries, one being relatively wealthy in labor and capital, the other one being relatively resource abundant. For open-access resources, we show that trade freeness benefits the country that is wealthy in labor and capital, as it improves access to a larger variety of resources, especially to those of the resource-abundant country. The resource-abundant country also benefits from improved access to variety, but due to the increased resource demand and resulting overuse, this country’s welfare may depend on trade freeness in a non-monotonic fashion. We derive conditions such that welfare first decreases and then increases when trade freeness varies from autarky to costless trade. In direct comparison, autarky may generate higher welfare than costless trade only under restrictive conditions, in particular if endowments are very asymmetric and if the love of variety effect is weak. We also consider resource harvesting under private property rights and show that only for a sufficiently low discount rate the welfare increase from trade freeness in the resource-abundant country is sustainable.</p></div>","PeriodicalId":15763,"journal":{"name":"Journal of Environmental Economics and Management","volume":"125 ","pages":"Article 102968"},"PeriodicalIF":4.6,"publicationDate":"2024-03-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0095069624000421/pdfft?md5=579ee37fb84db9f9a8a8df73d61ac59b&pid=1-s2.0-S0095069624000421-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140075160","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}
引用次数: 0
International environmental agreements when countries behave morally 当各国的行为符合道德规范时,达成国际环境协议
IF 4.6 3区 经济学
Journal of Environmental Economics and Management Pub Date : 2024-03-02 DOI: 10.1016/j.jeem.2024.102955
Thomas Eichner , Rüdiger Pethig
{"title":"International environmental agreements when countries behave morally","authors":"Thomas Eichner ,&nbsp;Rüdiger Pethig","doi":"10.1016/j.jeem.2024.102955","DOIUrl":"https://doi.org/10.1016/j.jeem.2024.102955","url":null,"abstract":"<div><p>In the game-theoretical literature on forming international environmental agreements (IEAs) countries use to be self-interested materialists and stable coalitions are small. This paper analyzes IEA games with identical countries that exhibit Kantian moral behavior. Kantians are concerned with doing the right thing which means that they take those actions and only those actions that they advocate all others take as well. Countries may behave morally with respect to both emissions (reduction) and membership in an IEA. If countries are emissions Kantians or membership Kantians the equilibrium of the IEA games is socially optimal. To model more realistic Kantian behavior, we define an emissions [membership] moralist as a country whose welfare is a weighted average of the welfare of an emissions [membership] Kantian and a materialist. The game with emissions moralists produces stable coalitions not larger than those in the standard game with materialists. The game with membership moralists yields stable coalitions that are increasing in the membership morality. The aggregate emissions decline if the degree of morality of either type of moralists increases. Finally, we characterize the equilibrium of an IEA game with moderate moralists with respect to both emissions and membership.</p></div>","PeriodicalId":15763,"journal":{"name":"Journal of Environmental Economics and Management","volume":"125 ","pages":"Article 102955"},"PeriodicalIF":4.6,"publicationDate":"2024-03-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0095069624000299/pdfft?md5=2e3ee8978d7dffb436024fa19c26009c&pid=1-s2.0-S0095069624000299-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140052452","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}
引用次数: 0
Pollution and learning: Causal evidence from Obama’s Iran sanctions 污染与学习:奥巴马制裁伊朗的因果证据
IF 4.6 3区 经济学
Journal of Environmental Economics and Management Pub Date : 2024-03-02 DOI: 10.1016/j.jeem.2024.102965
Anthony Heyes , Soodeh Saberian
{"title":"Pollution and learning: Causal evidence from Obama’s Iran sanctions","authors":"Anthony Heyes ,&nbsp;Soodeh Saberian","doi":"10.1016/j.jeem.2024.102965","DOIUrl":"10.1016/j.jeem.2024.102965","url":null,"abstract":"<div><p>We provide evidence of a substantial impact of pollution in the vicinity of a school on student learning using standardized test results from the universe of Tehran junior schools. The 2010 US sanctions prevented the sale of refined petroleum products to Iran. Causal identification exploits that the impact of sanctions on air quality in the vicinity of schools in the city varied according to the proximity of each school to roads. Relative academic performance dropped at more road-exposed (variously-measured) schools. Roads upwind appear to have four times the impact compared to those downwind, aligning with the prevailing wind direction which blows 80% of the time from the west, a finding that also provides compelling evidence against alternative interpretations.</p></div>","PeriodicalId":15763,"journal":{"name":"Journal of Environmental Economics and Management","volume":"125 ","pages":"Article 102965"},"PeriodicalIF":4.6,"publicationDate":"2024-03-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140075220","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Early warning systems, mobile technology, and cholera aversion: Evidence from rural Bangladesh 预警系统、移动技术和霍乱厌恶症:孟加拉国农村的证据
IF 4.6 3区 经济学
Journal of Environmental Economics and Management Pub Date : 2024-03-02 DOI: 10.1016/j.jeem.2024.102966
Emily L. Pakhtigian , Sonia Aziz , Kevin J. Boyle , Ali S. Akanda , S.M.A. Hanifi
{"title":"Early warning systems, mobile technology, and cholera aversion: Evidence from rural Bangladesh","authors":"Emily L. Pakhtigian ,&nbsp;Sonia Aziz ,&nbsp;Kevin J. Boyle ,&nbsp;Ali S. Akanda ,&nbsp;S.M.A. Hanifi","doi":"10.1016/j.jeem.2024.102966","DOIUrl":"10.1016/j.jeem.2024.102966","url":null,"abstract":"<div><p>In Bangladesh, cholera poses a significant environmental health risk. Yet, information about the severity of cholera risk is limited as risk varies over time and changing weather patterns make historical cholera risk predictions less reliable. In this paper, we examine how households use geographically and temporally personalized cholera risk predictions to inform their beliefs and behaviors related to cholera and its aversion. We estimate how access to a smartphone application containing monthly cholera risk predictions unique to a user’s home location affects households’ beliefs about their cholera risk and their water use and hygiene behaviors. We find that households with access to this application feel more equipped to respond to environmental and health risks and reduce their reliance on surface water for bathing and washing – a common cholera transmission pathway. We do not find that households invest additional resources into drinking water treatment, nor do we find reductions in self-reported cholera incidence. Further, households with a static, non-personalized app containing public health information about cholera exhibit similar patterns of beliefs updating. Taken together, our results suggest that access to risk information can help households make safer water choices, yet improving design and credibility remain important dimensions for increasing application usability.</p></div>","PeriodicalId":15763,"journal":{"name":"Journal of Environmental Economics and Management","volume":"125 ","pages":"Article 102966"},"PeriodicalIF":4.6,"publicationDate":"2024-03-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140076382","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Taxes versus quantities reassessed 重新评估税收与数量
IF 4.6 3区 经济学
Journal of Environmental Economics and Management Pub Date : 2024-02-29 DOI: 10.1016/j.jeem.2024.102951
Larry Karp , Christian Traeger
{"title":"Taxes versus quantities reassessed","authors":"Larry Karp ,&nbsp;Christian Traeger","doi":"10.1016/j.jeem.2024.102951","DOIUrl":"10.1016/j.jeem.2024.102951","url":null,"abstract":"<div><p>The ongoing debate concerning the ranking of taxes versus cap and trade for climate policy begins with Weitzman’s (1974) seminal slope-based criterion and concludes that taxes likely dominate quotas. We challenge this conclusion and the intuition behind it. Because technology shocks and pollution stocks are both persistent, a technology shock alters the intercepts of both the marginal damage and abatement cost curves. The ratio of these two intercept shifts is as important as the ratio of slopes in ranking policies. Technology innovations diffuse gradually, strengthening the importance of the ratio of intercept shifts. For plausible parameter combinations, quotas can dominate taxes.</p></div>","PeriodicalId":15763,"journal":{"name":"Journal of Environmental Economics and Management","volume":"125 ","pages":"Article 102951"},"PeriodicalIF":4.6,"publicationDate":"2024-02-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140017885","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Beyond the annual averages: Impact of seasonal temperature on employment growth in US counties 超越年平均值:季节性气温对美国各县就业增长的影响
IF 4.6 3区 经济学
Journal of Environmental Economics and Management Pub Date : 2024-02-28 DOI: 10.1016/j.jeem.2024.102946
Ha Minh Nguyen
{"title":"Beyond the annual averages: Impact of seasonal temperature on employment growth in US counties","authors":"Ha Minh Nguyen","doi":"10.1016/j.jeem.2024.102946","DOIUrl":"10.1016/j.jeem.2024.102946","url":null,"abstract":"<div><p>Using quarterly temperature and employment data between 1990 and 2021, this paper uncovers nuanced evidence on the impact of seasonal temperature within US counties: higher winter temperature increases private sector employment growth while higher summer temperature decreases it. The impacts of higher temperature in milder seasons, fall and spring, are statistically insignificant. Moreover, the negative impact of higher summer temperature persists while the positive impact of higher temperature in the winter is more short-lived. The negative effects of a hotter summer are pervasive and persistent in many sectors: most significantly in “Construction” and “Leisure and Hospitality” but also in “Trade, Transport, and Utilities” and “Financial Activities”. In contrast, the positive effects of a warmer winter are less pervasive. The employment effect of a hotter summer has been more severe in recent decades.</p></div>","PeriodicalId":15763,"journal":{"name":"Journal of Environmental Economics and Management","volume":"125 ","pages":"Article 102946"},"PeriodicalIF":4.6,"publicationDate":"2024-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140017787","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
On breadth and depth of climate agreements with pledge-and-review bargaining 关于采用 "承诺与审查 "谈判方式的气候协议的广度和深度
IF 4.6 3区 经济学
Journal of Environmental Economics and Management Pub Date : 2024-02-27 DOI: 10.1016/j.jeem.2024.102952
Thomas Eichner, Mark Schopf
{"title":"On breadth and depth of climate agreements with pledge-and-review bargaining","authors":"Thomas Eichner,&nbsp;Mark Schopf","doi":"10.1016/j.jeem.2024.102952","DOIUrl":"https://doi.org/10.1016/j.jeem.2024.102952","url":null,"abstract":"<div><p>This paper analyzes the effects of partial cooperation on the breadth and depth of climate agreements in dynamic games in which countries emit, invest in green technology, decide to participate in a climate coalition and participants negotiate the contract duration. When choosing emissions reductions (pledges), coalition countries apply Harstad’s (2023a) pledge-and-review bargaining and partially cooperate. We distinguish between stock-independent and stock-dependent investment costs. It is shown that narrow-but-deep agreements may be welfare superior to broad-but-shallow agreements for signatories. In addition, if the degree of partial cooperation is sufficiently high, broad-and-deep agreements and even first best can be achieved.</p></div>","PeriodicalId":15763,"journal":{"name":"Journal of Environmental Economics and Management","volume":"125 ","pages":"Article 102952"},"PeriodicalIF":4.6,"publicationDate":"2024-02-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0095069624000263/pdfft?md5=cb925fed5f173b65993fa5bc2a2bd2d4&pid=1-s2.0-S0095069624000263-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139993090","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}
引用次数: 0
Strategic pricing, lifespan choices and environmental implications of peer-to-peer sharing 点对点共享的战略定价、寿命选择和环境影响
IF 4.6 3区 经济学
Journal of Environmental Economics and Management Pub Date : 2024-02-27 DOI: 10.1016/j.jeem.2024.102953
Francisco J. André , Carmen Arguedas , Sandra Rousseau
{"title":"Strategic pricing, lifespan choices and environmental implications of peer-to-peer sharing","authors":"Francisco J. André ,&nbsp;Carmen Arguedas ,&nbsp;Sandra Rousseau","doi":"10.1016/j.jeem.2024.102953","DOIUrl":"10.1016/j.jeem.2024.102953","url":null,"abstract":"<div><p>Peer-to-peer sharing has become increasingly popular in recent years. Many digital platforms exist that allow individuals to use others’ belongings part-time. These platforms explicitly mention their green credentials, as the environmental benefits of such sharing initiatives are often taken for granted. However, there is a recent empirical literature showing evidence of the contrary. We propose a theoretical framework to analyze the economic and environmental implications of peer-to-peer sharing. We present a stylized model where a monopolist supplies a product that is suitable for rent on a sharing platform. Interestingly, we find that the existence of such a platform is typically beneficial for the monopolist, especially in the long run, when she can optimally anticipate the effects of her decisions on the sharing market. Such a scenario may not be beneficial for consumers, especially for those who rent the good rather than buy it. Moreover, the existence of the sharing platform induces higher use and (under some likely conditions) larger production levels and shorter product lifespans. The combination of these three aspects contributes to a worse environmental impact with sharing, which provides a theoretical rationale for the aforementioned empirical studies.</p></div>","PeriodicalId":15763,"journal":{"name":"Journal of Environmental Economics and Management","volume":"125 ","pages":"Article 102953"},"PeriodicalIF":4.6,"publicationDate":"2024-02-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0095069624000275/pdfft?md5=08dbfb8b3408646fde6e537ed90e6e0a&pid=1-s2.0-S0095069624000275-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140017789","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}
引用次数: 0
Emission trading schemes and cross-border mergers and acquisitions 排放交易计划与跨国并购
IF 4.6 3区 经济学
Journal of Environmental Economics and Management Pub Date : 2024-02-24 DOI: 10.1016/j.jeem.2024.102949
Yajie Chen , Dayong Zhang , Kun Guo , Qiang Ji
{"title":"Emission trading schemes and cross-border mergers and acquisitions","authors":"Yajie Chen ,&nbsp;Dayong Zhang ,&nbsp;Kun Guo ,&nbsp;Qiang Ji","doi":"10.1016/j.jeem.2024.102949","DOIUrl":"https://doi.org/10.1016/j.jeem.2024.102949","url":null,"abstract":"<div><p>The Emission Trading Scheme (ETS) provides a market mechanism to mitigate carbon emissions and has been introduced in many countries. Its fundamental idea is to make carbon emissions costly. Consequently, firms undertaking cross-border expansions may have to consider this extra cost when entering markets with an ETS. They may avoid these countries or relocate their investment to countries without an ETS. Using a large sample of international firms between 2002 and 2019, we investigate this issue via a difference-in-difference approach. Our results show that ETS implementation leads to significantly less cross-border merger and acquisition (M&amp;A) deals in the host countries, indicating an avoidance effect or potential carbon leakage. Further analysis reveals that ETS implementation decreases firms’ financial performance and increases market risks, both contributing to cross-border M&amp;A decisions. We demonstrate strong evidence of cross-sectoral differences, where carbon-intensive sectors tend to bear higher costs. This study contributes to the environmental economics and finance literature and provides evidence with policy relevance.</p></div>","PeriodicalId":15763,"journal":{"name":"Journal of Environmental Economics and Management","volume":"124 ","pages":"Article 102949"},"PeriodicalIF":4.6,"publicationDate":"2024-02-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139975967","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Benefits of diesel emission regulations: Evidence from the World's largest low emission zone 柴油排放法规的益处:来自世界最大低排放区的证据
IF 4.6 3区 经济学
Journal of Environmental Economics and Management Pub Date : 2024-02-19 DOI: 10.1016/j.jeem.2024.102944
Cheolmin Kang , Mitsuru Ota , Koichi Ushijima
{"title":"Benefits of diesel emission regulations: Evidence from the World's largest low emission zone","authors":"Cheolmin Kang ,&nbsp;Mitsuru Ota ,&nbsp;Koichi Ushijima","doi":"10.1016/j.jeem.2024.102944","DOIUrl":"10.1016/j.jeem.2024.102944","url":null,"abstract":"<div><p>We examined the impact of diesel emission regulations on air quality, land prices, and infant health in the Tokyo metropolitan area. The results reveal that as air pollution concentrations improved, land prices increased more in areas with higher diesel vehicle traffic, even after controlling for non-regulated vehicle traffic. In contrast, the concentrations of non-regulated air pollutants were unaffected. Estimates based on the hedonic approach show that the benefit of air quality improvement in the metropolitan area is about 14 times the cost. Improved air quality also improved infant health. The improvement in infant mortality with a one-unit improvement in suspended particulate matter was similar in magnitude to published results from the United States.</p></div>","PeriodicalId":15763,"journal":{"name":"Journal of Environmental Economics and Management","volume":"125 ","pages":"Article 102944"},"PeriodicalIF":4.6,"publicationDate":"2024-02-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0095069624000184/pdfft?md5=2a39e427ab358b8fd7af7927d60b7276&pid=1-s2.0-S0095069624000184-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139953299","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}
引用次数: 0
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