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Full-Text Articles in Economics

Robust Dynamic Space-Time Panel Data Models Using Ε- Contamination: An Application To Crop Yields And Climate Change, Badi H. Baltagi, Georges Bresson, Anoop Chaturvedi, Guy Lacroix Dec 2022

Robust Dynamic Space-Time Panel Data Models Using Ε- Contamination: An Application To Crop Yields And Climate Change, Badi H. Baltagi, Georges Bresson, Anoop Chaturvedi, Guy Lacroix

Center for Policy Research

This paper extends the Baltagi et al. (2018, 2021) static and dynamic ε-contamination papers to dynamic space-time models. We investigate the robustness of Bayesian panel data models to possible misspecification of the prior distribution. The proposed robust Bayesian approach de-parts from the standard Bayesian framework in two ways. First, we consider the ε-contamination class of prior distributions for the model parameters as well as for the individual effects. Second, both the base elicited priors and the ε-contamination priors use Zellner (1986)’s g-priors for the variance-covariance matrices. We propose a general “toolbox” for a wide range of specifications which includes the …


New Perspectives On The Ocean Economy Of The Mid-Atlantic States, Charles Colgan Dec 2022

New Perspectives On The Ocean Economy Of The Mid-Atlantic States, Charles Colgan

Publications

No abstract provided.


Understanding The Barriers To Carbon Farming On Private Lands, Harrison Naftel Dec 2022

Understanding The Barriers To Carbon Farming On Private Lands, Harrison Naftel

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

Climate change caused by manmade greenhouse gas emissions is one of the most important challenges facing society today. Through effective management for carbon sequestration private agricultural lands could become an important part of the solution to this problem. This paper explores the many different methods that farmers, ranchers, and landowners could use to implement sequestration on their land and examines the barriers to further participation in these projects by reviewing the challenges in the world’s current carbon offset markets and offering possible solutions.


Changes In Voting Behavior Along Partisan Lines Due To Extreme Weather Events Linked To Climate Change, Daniel Brinkerhoff May 2022

Changes In Voting Behavior Along Partisan Lines Due To Extreme Weather Events Linked To Climate Change, Daniel Brinkerhoff

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

This paper investigates the relationship between extreme weather events linked to climate change and partisan voting behavior. Looking at House of Representative and Senate elections in the US between 2000-2018 and comparing them to extreme damages from droughts, flooding, tropical cyclones, and fire. Ultimately, we do not find a stable relationship between weather damages and partisan voting behavior.


Green Growth Or Degrowth? The Economics Of Climate Change, Cadence Tomlinson Apr 2022

Green Growth Or Degrowth? The Economics Of Climate Change, Cadence Tomlinson

Senior Theses

The paradigm dominating how American policymakers currently approach the climate crisis issue is green growth, positing that the global economy can maintain desirable levels of persistent economic growth while also effectively reducing carbon emissions and slowing the process of global warming, all by means of market-spurred technological innovation and green production processes. Some environmental thinkers dispute the sustainability potential of green growth, urging green growth economists and policymakers to think beyond the ostensibly “limiting” economic growth paradigm. Among this dissent, a new paradigm has emerged, one de-centering goals of economic growth and instead advocating for a reduction in economic throughput, …


Unmasking Climate Change: How The Impacts Of Global Warming Alter Disease Spread And Discovery, Ellie Potts, Adam Wright Apr 2022

Unmasking Climate Change: How The Impacts Of Global Warming Alter Disease Spread And Discovery, Ellie Potts, Adam Wright

WWU Honors College Senior Projects

What is the relationship between global temperature increase and the number of communicable disease cases, and is this relationship stronger for denser populations? Climate change and communicable diseases are two intertwined global issues. Since the start of the COVID-19 pandemic, business owners, governments, and general consumers have all realized the scale of benefits and risks of an internationally integrated global economy, and how our level of urbanization can cause rapid disease spread. This pandemic has uncovered our lack of preparation for global emergencies. Climate change not only poses a global emergency but will also increase our world’s likelihood of diseases. …


Cbe Waves Newsletter: January 2022, Various Jan 2022

Cbe Waves Newsletter: January 2022, Various

Newsletters

The Chumash Heritage National Marine Sanctuary; The Evolution of Thinking on the Ocean Economy, Journal of Ocean and Coastal Economics, Volume 8, Issue 2; The Middlebury Climate Change Semester: Inaugural Program Begins; The Ocean Needs Our Help-Now


Integrating Carbon Pricing Approaches, Amay Shah Jan 2022

Integrating Carbon Pricing Approaches, Amay Shah

CMC Senior Theses

Concerns about global climate change and its effects have been steadily growing around the world in recent years. The Paris Agreement has laid out ambitious targets for countries to cut their emissions in order to limit global warming to 1.5 degrees and to achieve net zero emissions by 2050. Carbon pricing mechanisms are an inventive instrument that can help achieve these emissions reductions by placing a price on greenhouse gas emissions, creating incentives for organizations to reduce their emissions. These mechanisms can also help enable the transfers from wealthy nations to developing nations that will be essential for ensuring a …


The Health Effects Of Anthropogenic Pm2.5 Emissions, Andrew Charles Meyer Jan 2022

The Health Effects Of Anthropogenic Pm2.5 Emissions, Andrew Charles Meyer

Honors Theses and Capstones

This study analyzes the health impacts of particulate matter 2.5 (PM2.5), a common anthropogenic pollutant resulting from vehicles, manufacturing, and wood burning. PM2.5 is an emission of particular concern given its small size of roughly 2.5 micrometers, allowing it to stay in the atmosphere for up to 10 days and penetrate the deepest area of the lungs, the alveoli. This penetration can lead to adverse respiratory and cardiovascular health outcomes, and ultimately lead to an increased mortality rate. This study utilizes data from 1,885 counties in the U.S. between 2001 and 2017, and included health outcome, PM2.5 , and demographic …