Avoiding Pitfalls in China’s Electricity Sector Reforms
This paper finds that while market efforts are likely to achieve efficiency gains with respect to the planned system, they may fall short of crucial functions of a market, such…
This paper finds that while market efforts are likely to achieve efficiency gains with respect to the planned system, they may fall short of crucial functions of a market, such…
Between 2005 and 2016 in the continental United States, decommissioning of coal-fired units was associated with an estimated 26,610 lives saved. Although there are considerable benefits of decommissioning older coal-fired…
This paper provides evidence that firms in Right-to-Work states tend to specialize in lower-quality products, making them more susceptible to competition with Chinese goods. However, while reducing unionization within manufacturing,…
The yields of most perennials show a significant negative response to ambient ozone, ranging from −2% for strawberries to −22% for table grapes, implying total losses of roughly US$1 billion…
Cash transfers attenuate one-half to two-thirds of the effects of higher temperatures on homicides. Our results not only suggest that social protection programs can help the poor adapt to rising…
We estimate the effects of temperature on human capital production in India. We show that high temperatures reduce both math and reading test scores through an agricultural income mechanism. The…
The economic free fall accompanying the coronavirus pandemic has, by some measures, made the world a cleaner place. Air pollution in Chinese, Indian, and U.S. cities is way down. In…
There is a long-standing debate over whether new roads unavoidably lead to environmental damage, especially forest loss, but causal identification has been elusive. Using multiple causal identification strategies, we study…
How do external economic shocks influence domestic politics? We argue that those materially exposed to the shock will display systematic differences in policy preferences and voting behavior compared to the…
This study presents the results of an experiment introducing commercial rainfall index insurance into drought-prone farming cooperatives in Amhara Region, Ethiopia. We provided a market-priced rainfall deficit insurance product through…