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This study evaluates two interventions for residential water conservation. Comparing households across an enforcement algorithm’s cutoff using a regression discontinuity design, we find that automated irrigation violation warnings cause substantial water conservation but also shift some...
We build a directed technical change model where one intermediate goods sector uses a fixed quantity of biomass energy (“wood”) and another uses coal at a fixed price, matching stylized facts for the British Industrial Revolution. Unlike previous research, we do not assume the level or growth...
This paper estimates that pollution damages avoidable by solar capacity vary considerably across zip codes in the United States and that they are uncorrelated with solar subsidy levels in each state. We estimate that $1 billion in avoided pollution damages would be gained annually from optimal...
Natural capital, and its substitutability with other forms of capital, occupies the heart of the sustainability debate. The existing theoretical and empirical literature in natural capital focuses on the static notions of substitutability and complementarity between natural capital and other...
We examine the contemporaneous causal relationship between outdoor air pollution levels and student cognitive performance in Brazil’s nationwide university entrance examinations. Our analysis relies upon a unique and previously unexplored student-level data set allowing us to examine the effect...
This paper analyzes competitive nonrenewable resource use when the resource is both essential to final goods production and costly to produce. When the resource stock is also essential to resource production, a limiting steady state is approached with the share of labor used in resource...
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