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Full-Text Articles in Economics

Support New Business To Solve Old Problems With Kentucky’S Keystone Waste From Bourbon & Brewing, Samuel C. Kessler May 2022

Support New Business To Solve Old Problems With Kentucky’S Keystone Waste From Bourbon & Brewing, Samuel C. Kessler

Commonwealth Policy Papers

Provided here is a policy solution from the backside of Kentucky bourbon and brewing to upcycle Kentucky’s “keystone” wastes and grow businesses in the process. Potential effects range from removing the bottleneck on bourbon production and producing GHG-friendly biogas to lowering the price of milk.This full whitepaper brief provides an incentive model for keystone wastes which have a provider and a use. It is equally applicable for policymakers or advocates wishing to place a policy incentive behind waste-to-product upcycling, businesses involved with methane sequestration & renewable biogas energy, and shifting regulatory and penalizing models of pollution into incentive model for …


Roads And Resources: Groundwater Depletion In Lankao Country In The North China Plains, Ujjayant N. Chakravorty, Xiangzheng Deng, Yazhen Gong, Martino Pelli, Zhang Qian Jan 2015

Roads And Resources: Groundwater Depletion In Lankao Country In The North China Plains, Ujjayant N. Chakravorty, Xiangzheng Deng, Yazhen Gong, Martino Pelli, Zhang Qian

Ujjayant Chakravorty

China produces most of its food grains in the North China Plains. However, there is evidence that groundwater aquifers in this region are being overexploited. We use a unique GIS-referenced dataset of the depth of the water table for all the 12,000 odd tube wells in Lankao county. We find that the construction of new highways has led to a depletion of the water table in wells close to the highways. This relationship is robust to a variety of controls, including distance to river and primary canals, village and township fixed effects, the date of drilling of the well and …


Does The Quality Of Electricity Matter? Evidence From Rural India, Ujjayant Chakravorty, Martino Pelli, Beyza Ural Marchand Dec 2013

Does The Quality Of Electricity Matter? Evidence From Rural India, Ujjayant Chakravorty, Martino Pelli, Beyza Ural Marchand

Ujjayant Chakravorty

This paper estimates the returns to household income due to improved access to electricity in rural India. We examine the effect of connecting a household to the grid and of the quality of electricity, defined as hours of daily supply. The analysis is based on two rounds of a representative panel of more than 10,000 households. We use the district-level density of transmission cables as instrument for the electrification status of the household. We find that a grid connection increases non-agricultural incomes of rural households by about 9 percent during the study period (1994-2005). However, a grid connection and a …


Evaluating The Contribution Of Infrastructure To U.S. Agri−Food Sector Output, Tingting Tong Aug 2012

Evaluating The Contribution Of Infrastructure To U.S. Agri−Food Sector Output, Tingting Tong

Masters Theses

The effect of infrastructure investment or capital on private sector output and productivity has been widely discussed over the past two decades. However, only limited studies have focused on the contribution of infrastructure to the output of U.S. agricultural and food sector. Considering the importance of agriculture in U.S. economy and its strong dependence on infrastructure, two empirical analyses were made in this thesis to evaluate the output impact associated with infrastructure in agricultural and food sector in the United States. The first study examines the spillover effect of two major transportation modes, roads and rails, on agricultural output across …


Water Allocation Under Distribution Losses: Comparing Alternative Institutions, Ujjayant N. Chakravorty, Eithan Hochman, Chieko Umetsu, David Zilberman Dec 2008

Water Allocation Under Distribution Losses: Comparing Alternative Institutions, Ujjayant N. Chakravorty, Eithan Hochman, Chieko Umetsu, David Zilberman

Ujjayant Chakravorty

The distribution of water resources is characterized by increasing returns to scale. Distribution links water generation to its end-use. Standard economic analysis overlooks the interaction among these micro-markets - generation, distribution and end-use. We compare water allocation when there is market power in each micro-market. These outcomes are compared with benchmark cases - social planning and a competitive business-as-usual regime. Simulations suggest that institutions with market power in generation and end-use generate significantly higher welfare than the distribution monopoly and the competitive regime. However, if the policy goal is to maximize the size of the grid, a distribution monopoly is …


The State Of South Dakota Highways, A. Clyde Vollmers May 1979

The State Of South Dakota Highways, A. Clyde Vollmers

Economics Commentator

No abstract provided.