Journal of Environmental Economics and Management最新文献_第4页

Pipeline incidents and property values 管道事故和财产价值

IF 5.5 3区经济学

Journal of Environmental Economics and Management Pub Date : 2024-07-23 DOI: 10.1016/j.jeem.2024.103041

Nieyan Cheng , Minghao Li , Pengfei Liu , Qianfeng Luo , Chuan Tang , Wendong Zhang

{"title":"Pipeline incidents and property values","authors":"Nieyan Cheng , Minghao Li , Pengfei Liu , Qianfeng Luo , Chuan Tang , Wendong Zhang","doi":"10.1016/j.jeem.2024.103041","DOIUrl":"10.1016/j.jeem.2024.103041","url":null,"abstract":"<div><p>The rapid expansion of pipelines during the U.S. shale oil and gas boom drew attention to the economic consequences of pipeline incidents. This study investigates the impacts of 426 gas distribution pipeline incidents on property values in the United States between 2010 and 2020. We find that only incidents that are both severe (involving explosion, ignition, or fatalities) and occurred on above-ground pipelines, which we define as high-profile incidents, have adverse effects on nearby property values, while other incidents have no measurable housing price effect. A difference-in-differences analysis finds that high-profile incidents significantly decrease property values within 1000 m by 8.2%, and the negative impact can persist for about eight years on average. Furthermore, we find a drop in transaction volume that lasts a short period after the incidents, suggesting an initial demand-side response. In contrast to the strong effects of pipeline incidents, we do not find statistically significant price effects from pipeline installation. We also demonstrate that there is substantial heterogeneity by the type of incident and that results based on studies of individual incidents should be generalized with caution.</p></div>","PeriodicalId":15763,"journal":{"name":"Journal of Environmental Economics and Management","volume":"127 ","pages":"Article 103041"},"PeriodicalIF":5.5,"publicationDate":"2024-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0095069624001153/pdfft?md5=8419a5c35b8036ec43bed6b8a85e38bd&pid=1-s2.0-S0095069624001153-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141846694","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

Social cost of lifestyle adaptation: Air pollution and outdoor physical exercise 适应生活方式的社会成本：空气污染与户外体育锻炼

IF 5.5 3区经济学

Journal of Environmental Economics and Management Pub Date : 2024-07-20 DOI: 10.1016/j.jeem.2024.103042

Yichun Fan

引用次数: 0

Impact of environmental regulation on M&As in the manufacturing sector 环境法规对制造业并购的影响

IF 5.5 3区经济学

Journal of Environmental Economics and Management Pub Date : 2024-07-10 DOI: 10.1016/j.jeem.2024.103038

Federico Carril-Caccia , Juliette Milgram Baleix

{"title":"Impact of environmental regulation on M&As in the manufacturing sector","authors":"Federico Carril-Caccia , Juliette Milgram Baleix","doi":"10.1016/j.jeem.2024.103038","DOIUrl":"10.1016/j.jeem.2024.103038","url":null,"abstract":"<div><p>We test the influence of environmental regulation (ER) on the location decision of cross-border Mergers and Acquisitions (M&As) for a large sample of countries, sectors, and years using a structural gravity model. Unlike other studies, our results confirm the pollution haven hypothesis according to which more stringent ER makes countries less attractive to foreign investors planning to invest through M&As, compared with domestic investors. Policies that set quantitative limits on emissions have similar discouraging effects on cross-border investment to taxes on emissions. We find no evidence that the impact could be stronger in dirty sectors than in clean sectors. The impact of ER differs depending on country type according to their level of development, reflecting the fact that investments in developed countries and BRICS respond to different motivations. In emerging countries, lax ER could attract significantly more inward M&As. In developed countries, ER has a less discouraging effect.</p></div>","PeriodicalId":15763,"journal":{"name":"Journal of Environmental Economics and Management","volume":"127 ","pages":"Article 103038"},"PeriodicalIF":5.5,"publicationDate":"2024-07-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0095069624001128/pdfft?md5=b772e3d8cddec5476279ed535b42f3f1&pid=1-s2.0-S0095069624001128-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141637130","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

Wildfire smoke and private provision of public air-quality monitoring 野火烟雾和私人提供的公共空气质量监测

IF 5.5 3区经济学

Journal of Environmental Economics and Management Pub Date : 2024-07-06 DOI: 10.1016/j.jeem.2024.103036

Michael Coury , Liam Falconer , Andrea La Nauze

引用次数: 0

Widening the scope: The direct and spillover effects of nudging water efficiency in the presence of other behavioral interventions 扩大范围：在有其他行为干预措施的情况下，提高用水效率的直接效应和溢出效应

IF 5.5 3区经济学

Journal of Environmental Economics and Management Pub Date : 2024-07-04 DOI: 10.1016/j.jeem.2024.103037

J. Bonan , C. Cattaneo , G. d’Adda , A. Galliera , M. Tavoni

{"title":"Widening the scope: The direct and spillover effects of nudging water efficiency in the presence of other behavioral interventions","authors":"J. Bonan , C. Cattaneo , G. d’Adda , A. Galliera , M. Tavoni","doi":"10.1016/j.jeem.2024.103037","DOIUrl":"10.1016/j.jeem.2024.103037","url":null,"abstract":"<div><p>Policymakers and firms use behavioral interventions to promote sustainable development in various domains. A correct impact evaluation requires looking beyond the targeted domain and assessing its interactions with similar interventions. Existing evidence in this area is limited, leading to potential misestimation of behavioural interventions and poor guidance on their design. Here, we test the impact of a two-year social information campaign to nudge water conservation through a large-scale randomized controlled trial implemented with a multi-resource company,. We find that the water nudge significantly decreases water and electricity usage, but not that of gas. Spillovers arise for customers who do not receive nudges targeting the other resources. Customers receiving the water report are also significantly less likely to deactivate their gas and electricity contracts, regardless of whether they receive other reports. Our results suggest that multiple nudges strain users’ limited attention and ability to enact conservation efforts. Users’ constraints in attending to multiple stimuli need to be accounted in designing policy interventions to foster sustainable practices.</p></div>","PeriodicalId":15763,"journal":{"name":"Journal of Environmental Economics and Management","volume":"127 ","pages":"Article 103037"},"PeriodicalIF":5.5,"publicationDate":"2024-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0095069624001116/pdfft?md5=d928b71abaaeaad7777ca2ce327a8602&pid=1-s2.0-S0095069624001116-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141623056","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

Li and Pizer in the short-run: A comment on discounting 李和皮泽尔的短期：关于贴现的评论

IF 5.5 3区经济学

Journal of Environmental Economics and Management Pub Date : 2024-07-04 DOI: 10.1016/j.jeem.2024.103039

Andrew R. Solow , Scott Farrow

引用次数: 0

The impact of energy prices on industrial investment location: Evidence from global firm level data 能源价格对工业投资地点的影响：来自全球企业层面数据的证据

IF 5.5 3区经济学

Journal of Environmental Economics and Management Pub Date : 2024-06-28 DOI: 10.1016/j.jeem.2024.102992

Aurélien Saussay , Misato Sato

引用次数: 0

Does improved tenure security reduce fires? Evidence from the Greece land registry 改善土地权保障是否会减少火灾？来自希腊土地登记处的证据

IF 5.5 3区经济学

Journal of Environmental Economics and Management Pub Date : 2024-06-27 DOI: 10.1016/j.jeem.2024.103002

Liang Diao , Huiqian Song

引用次数: 0

The emerging international trade in hydrogen: Environmental policies, innovation, and trade dynamics 新兴的国际氢贸易：环境政策、创新和贸易动态

IF 5.5 3区经济学

Journal of Environmental Economics and Management Pub Date : 2024-06-27 DOI: 10.1016/j.jeem.2024.103035

Werner Antweiler , David Schlund

{"title":"The emerging international trade in hydrogen: Environmental policies, innovation, and trade dynamics","authors":"Werner Antweiler , David Schlund","doi":"10.1016/j.jeem.2024.103035","DOIUrl":"https://doi.org/10.1016/j.jeem.2024.103035","url":null,"abstract":"<div><p>Hydrogen produced from renewable energy and other carbon-neutral sources has the potential of becoming an important medium for storing and transporting energy, partially taking on the role that fossil fuels play to date. We develop a novel theoretical and empirical model of sequential trade based on long-term contracts with one or more fixed-capacity projects entering each period in a modified Nash-Cournot competition. We simulate the emerging international trade in hydrogen using calibrated demand, supply, transportation, and policy data, exploring a set of scenarios to determine which factors have significant influence—in particular environmental, innovation, and trade policies. Our findings suggest that hydrogen trade exhibits significant price dispersion and two-way trade as vintages of contracts overlap in a market defined by endogenous innovation and policy interventions. Trade costs and the mode of transportation (pipelines or ammonia conversion, possibly others) play a pivotal role and influence the relative share of hydrogen production types (green, blue, or turquoise). Trade policies emerge as a more essential determinant of hydrogen trade than carbon and innovation policies.</p></div>","PeriodicalId":15763,"journal":{"name":"Journal of Environmental Economics and Management","volume":"127 ","pages":"Article 103035"},"PeriodicalIF":5.5,"publicationDate":"2024-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0095069624001098/pdfft?md5=6180a016d2e741f7eaf4468151123f57&pid=1-s2.0-S0095069624001098-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141606234","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

Climate change impacts on the within-country income distributions 气候变化对国家内部收入分配的影响

IF 5.5 3区经济学

Journal of Environmental Economics and Management Pub Date : 2024-06-26 DOI: 10.1016/j.jeem.2024.103012

Martino Gilli , Matteo Calcaterra , Johannes Emmerling , Francesco Granella

{"title":"Climate change impacts on the within-country income distributions","authors":"Martino Gilli , Matteo Calcaterra , Johannes Emmerling , Francesco Granella","doi":"10.1016/j.jeem.2024.103012","DOIUrl":"10.1016/j.jeem.2024.103012","url":null,"abstract":"<div><p>This paper investigates the relationship between climate change and income inequality, recognizing that the economic impacts of climate change are not uniform across different levels of income within and across countries. Using methods from the existing literature on climate and economic growth, we analyze the economic impact of rising temperatures by within-country income decile. Our findings suggest that climate change disproportionately affects the poorer segments of the population within countries, even after accounting for a country’s ability to adapt to climate impacts, while richer households suffer lower damages. In the reference scenario without additional climate action (3.6°C warming), we estimate that climate impacts could lead to an increase in the Gini index by up to six percentage points, notably in Sub-Saharan Africa. We project impacts to 2100 through the RICE50+ model and estimate the income elasticity of impacts within countries. Our estimates indicate that climate change damages are regressive, with an income elasticity of damages of 0.6 under our preferred specification. On the other hand, climate benefits are approximately distribution-neutral or slightly progressive.</p></div>","PeriodicalId":15763,"journal":{"name":"Journal of Environmental Economics and Management","volume":"127 ","pages":"Article 103012"},"PeriodicalIF":5.5,"publicationDate":"2024-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S009506962400086X/pdfft?md5=e6f38d333fc32211b21721a2b371f287&pid=1-s2.0-S009506962400086X-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141569277","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