Econometrics Commons^™

Climate Change: The Ultimate Cereal Killer: The Impact Of Temperature And Precipitation On Agricultural Yields, Hayley Huber, Robert Salita, Ruth Abraham

Gettysburg College Headquarters

The global food supply depends on agricultural production, but as the negative effects of climate change are exacerbated by human activity, how will agriculture need to change to accommodate both climate change and the increasing population? In order to understand what adaptations will be necessary, we perform analysis on the relationship between climate change (temperature and precipitation) and crop yields (barley, rice, and soybean). We take a multinational approach, using ten countries for each model, to see the global impact of climate change on production. Testing many models, we settle on country-specific time trends, eliminating many confounding variables by focusing …

Tempers Rising: The Effect Of Heat On Spite, Jake C. Cosgrove

Master's Theses

The relationship between heat and harmful outcomes is well documented, with research connecting various adverse economic outcomes to the climate. In the presence of increasing global warming and climate change, understanding why the climate leads to negative economic outcomes is essential for forming peaceful institutions of the future. We study how behavioral economic outcomes change in the presence of heat through a lab experiment involving 1,110 observations conducted in five different countries. This paper specifically focuses on the social preference outcome of spite. We find that increased time exposure to the treatment effect of heat is required to elicit an …

Economic Impact Assessment Of Nature-Based Coastal Resilience Solutions In Charleston. Estimating Local Economic Effects With Algorithm-Based Supporting Tool., Oksana Veselkova

All Theses

Coastal cities are at the forefront of the risks induced by climate change. Local communities are adversely affected, but the essential cultural assets and economies are also at risk of damage or destruction. In the efforts to limit hazard risk exposure, local governments are increasingly planning for long-term flood protection. One prospective flood risk mitigation measure is living shorelines or nature-based adaptation. The coastal ecosystems, such as beaches, wetlands, barrier islands, oyster reefs, and salt marshes, deliver multiple benefits to communities, including recreation, natural resources, freshwater, and carbon sequestration. Moreover, when combined with structural solutions, they can effectively reduce water …

Impact Of Charging Infrastructure On Electric Vehicle Sales: An Analysis From Counties In 13 Us States, Shubh N. Parekh

Gettysburg Economic Review

Adoption of battery electric vehicles (BEVs), and plug-in hybrid electric vehicles (PHEVs), has become a priority for the government because of the constant threat of climate change. Over the years, government monetary incentives like tax credits, tax rebates, and other monetary subsidies are the leading way to increase electric vehicle sales in the United States. While these incentives are necessary to combat the high costs of electric vehicles (EVs), there hasn’t been too much attention given to combat range anxiety. Since EVs are run on lithium-ion batteries, there is a limited range for different EVs, with the maximum being around …

Three Essays On Health And Environmental Economics: Applications Of Spatial Econometrics And Spatial Analysis, Mohammed Syedul Islam

Graduate Theses, Dissertations, and Problem Reports (ETD)

Spatial interaction and the locational structure between observations play key roles in the field of econometrics for both cross-sectional and panel data analysis. Compared to a non-spatial econometric model, a spatial model relaxes the assumption of independency in observations. This research applies spatial and non-spatial econometrics in three different fields of applied economics: (1) drinking water and air quality violations impacts on lung and bronchus cancer incidence in the contiguous United States (U.S.); (2) spillover effects of non-pharmaceutical interventions (NPIs) on COVID-19 cases across the contiguous U.S. counties; and (3) urbanization impacts on carbon dioxide (CO₂) emissions in …

Renewable Portfolio Standards: Effectiveness And Carbon Implications, Alexander S. Albrecht

CMC Senior Theses

A renewable portfolio standard (RPS) policy is a popular regulatory tool implemented within the U.S. and abroad to limit energy sector emissions and incentivize renewable energy. Assessing their effectiveness and efficiency is a key component of achieving further reductions. We assess an energy market under an RPS using fixed-effects panel and 2SLS regression models to lend empirical credence to common theory-based concerns about RPS policy, namely (1) that they leave emissions unregulated once the RPS requirement is met and (2) that they do not incentivize full use of renewable energy resources. Our results show these to be valid concerns that …

How Federal Pollution Discharge Permits Affect U.S. Water Quality: A Study On Concentrated Animal Feeding Operations, Cloe C. Mueller

Theses and Dissertations

This paper uses difference-in-difference regression models to examine how state-level pollution discharge permits on concentrated animal feeding operations affect U.S. water quality. I ultimately deem the permitting to be ineffective at improving water quality, calling attention to the need to re-evaluate the ``socially optimal level of pollution."

The Effects Of Environmental Corporate Social Responsibility On Financial Returns, Kevin Acevedo

Theses and Dissertations

A major issue concerning companies is global warming and the impact that firms have on the environment. Companies are taking steps towards sustainability, but it is unclear if sustainable business practices are beneficial to companies’ financial performance. This paper examines the effect of environmental corporate social responsibility (CSR) of Fortune 250 companies on financial performance. The analysis reveals significant effects on financial performance, but they are inconsistent and hard to interpret.

County Walkability And Small Business Receipts, Talia Perluss

Scripps Senior Theses

This thesis explores the correlation between county walkability and small business receipts, as well as other possible demographic variables that could explain the success of small businesses, by using a fixed-effect panel regression model. Using county-level data in the years 2012 and 2017, this paper finds that there is a significant correlation between an increase in walkability and an increase in receipts. When running the fixed-effect regressions, this paper found that there is a moderately high positive correlation between walkability and per capita income, suggesting that the effects of an increase in walkability may also capture the effects of an …

The Contribution Of Mining Sector To Sustainable Development In Saudi Arabia, Mourad Zmami, Ousama Ben-Salha, Sultan O. Almarshad, Houyem Chekki

Journal of Sustainable Mining

The mining sector development is among the priorities of the Saudi Vision 2030. There is currently a lot of interest in the role of the mining sector in Saudi Arabia. This research contributes to this debate by empirically assessing the effects of mining on sustainable development in Saudi Arabia during the period 1980-2018. Unlike many previous studies, the three sustainable development dimensions, namely economic, social, and environmental, are jointly considered. The cointegration analysis, based on the ARDL, Gregory-Hansen, and combined cointegration tests, confirms the existence of long-run relationships between mining and all sustainable development dimensions. Furthermore, the findings lend substantial …

Environmental Policy And Employment: The Effect Of The Regional Greenhouse Gas Initiative On The Labor Market, Kelly-Anne Moffa

Honors Scholar Theses

This paper estimates the impacts that the Regional Greenhouse Gas Initiative, implemented in 2009, has had on labor market outcomes within the policy region. The Regional Greenhouse Gas Initiative is a carbon cap-and-trade program that consists of ten states in the Northeast. Using a difference-in-difference framework, I found that, overall, there was no significant impact on the annual employment growth rate because of RGGI. When broken down into industry-specific effects, most industries still had no significant employment effects, although the mining industry did see a weakly significant 0.09 percentage point decrease in its annual employment growth rate. These estimates are …

The Feasibility Of Renewable Natural Gas In New Jersey, Anneliese Dyer, Amelia Christine Miller, Brianna Chandra, Juan Galindo Maza, Carley Tran, Justin Bates, Vicky Olivier, Amy Tuininga

PSEG Institute for Sustainability Studies Publications

With traditional natural gas being one of the top options for heating in the United States and the present threat of climate change, there is a demand for an alternative clean fuel source. A Renewable Natural Gas Implementation Decision-Making Conceptual Model was created to provide a framework for considering the feasibility of renewable natural gas (RNG) projects and applied to New Jersey, specifically investigating landfills and wastewater treatment plants (WWTPs). Data from the US EPA’s Landfill Methane Outreach Program and New Jersey’s Department of Environmental Protection Sewage Sludge databases were used to identify seven landfills and 22 WWTPs as possible …

Consumer Preferences Of Solar Systems In Boston And Atlanta: A Choice Experiment, Sam Mabile

Honors Theses and Capstones

Creating a cleaner energy grid has become a hot topic over the past 20 years, as the effects of fossil fuels on our planet has become clearer. The solar market in the US has exploded over the past 10 years, with an average annual growth rate of about 42% (Solar Industry Research Data, 2020). Choice experiments are often conducted to better understand consumers preferences towards products or characteristics of products. In this study, data of a choice experiment in a survey of residents in Boston and Atlanta regarding preferences for attributes of household solar energy collecting system are …

Three Essays In Applied Econometrics: Agricultural And Energy Economics, Kuan-Ming Huang

Graduate Theses, Dissertations, and Problem Reports (ETD)

This dissertation examines three empirical issues in energy and agricultural economics using econometrics models whose titles are: 1) Do Natural Hazards in the Gulf Coast Still Matter for State-Level Natural Gas Prices in the US? Evidence After the Shale Gas Boom; 2) Do Exploitations of Marcellus and Utica Shale Formations Improve Regional Economy in Ohio, Pennsylvania, and West Virginia? A Synthetic Control Analysis; and 3) How Did Covid-19 Impact US Household Food Spending? An Analysis Six Months In.

The first essay assesses the impact of natural hazards on state-level natural gas prices and evaluates the effects of the shale gas …

Environmental Governance For Whom? Examining The Political, Institutional, Fiscal, And Legal Determinants Of State Environmental Agency Budget Policy In The Us, Andrew R. Duggan

Theses and Dissertations

Budgets are a prospective tool of governance, and appropriations are a planning vehicle reflecting: bureaucracies’ values, complex interactions, collective preferences, political influences, and available resources. Research spanning 30 years finds that environmental pollution is a key determinant of environmental budgets in the US, though myriad factors, actors, and subsystems are important to consider. Due to federalism and devolution of responsibilities and authorities, environmental governance falls largely to the states. While the dynamics that shape state environmental budget policy have received scholarly interest, theoretically-driven examinations of environmental appropriations remain limited within the public budgeting and environmental policy literature.

Using panel data …

Is Our Coal-Onial Era Ending Anytime Soon?, Hadiqa Faraz

Undergraduate Economic Review

In this paper, I estimate the long-run co-integrated relationship between energy demand and economic growth for 20 countries from the year 2000 to 2016. I use panel unit-root and heterogeneous panel co-integration tests to test for non-stationarity of the panels and to determine whether there is a long-run link between energy consumption and GDP per capita. The estimated model uses a first-difference OLS model to estimate income elasticity of energy demand; the empirical results of this model show that there is a long-run relationship between energy consumption per capita and GDP per capita. In the long-term, on average, with 1% …

Connecticut Waterfront Property Premium In Areas With Flood Risk, Conor O'Donnell

Honors Scholar Theses

This paper investigates the premium paid for waterfront property along the Connecticut shoreline and how that premium is affected by its vulnerability to coastal flooding as measured by its location relative to the FEMA 100-year and 500-year flood zones. The primary analysis is a comparison of the rate of appreciation of properties within each flood zone relative to coastal properties outside the flood-zone. An analysis of the impact of Super Storm Sandy in 2012 on the appreciation rate is also presented. It is hypothesized that the rate of appreciation of properties within the 100-year flood zone is lower following Hurricane …

A Systematic Assessment Of Socio-Economic Impacts Of Prolonged Episodic Volcano Crises, Justin Peers

Electronic Theses and Dissertations

Uncertainty surrounding volcanic activity can lead to socio-economic crises with or without an eruption as demonstrated by the post-1978 response to unrest of Long Valley Caldera (LVC), CA. Extensive research in physical sciences provides a foundation on which to assess direct impacts of hazards, but fewer resources have been dedicated towards understanding human responses to volcanic risk. To evaluate natural hazard risk issues at LVC, a multi-hazard, mail-based, household survey was conducted to compare perceptions of volcanic, seismic, and wildfire hazards. Impacts of volcanic activity on housing prices and businesses were examined at the county-level for three volcanoes with a …

Estimating The Economic Value Of Rock Climbing In Smith Rock: An Individual Travel Cost Approach, Cassandra Koefod

All Master's Theses

In this study I estimate the economic value of rock climbing in Smith Rock State Park, Oregon. This area has seen an increase in recreational visits over the years, especially in rock climbing, necessitating economic valuation of the site in order to assist park managers in optimal management of this resource. Given regular conflicts over use of rock climbing areas by a variety of stakeholders (recreational users, habitats, cultural uses, etc.) this study will help in understanding how benefits of recreation is affected when policies limit access to such areas. I collect original survey data on travel to Smith Rock …

Essays On Energy Economics And Environmental Policies, Janak R. Joshi

Economics ETDs

This dissertation contains three distinct empirical chapters in applied energy and environmental economics. Each chapter focuses on a unique set of research questions, methods, and data. The unifying motivation therein concerns the development of renewable or alternative low-carbon energy sources as a policy response to the challenges of climate change mitigation, local and regional environmental quality issues, and energy security concerns. Economic and environmental evaluation of the energy policies coupled with understanding energy use patterns is of paramount importance. Together, the empirical chapters focus on demand, supply, and policy aspects of energy markets in the United States (US).

First, Chapter …

Essays On Environmental Economics And Policy, Mehdi Nemati

Theses and Dissertations--Agricultural Economics

Environmental goals such as urban water conservation and pollution control regulations are typically achieved through price and non-price methods. This dissertation offers an analysis of the non-price approaches, including the rationing of water for particular users, installation of particular technologies, and adoption of particular certifications to achieve environmental goals. To begin, an analysis of California’s 2015 urban water conservation mandate was performed. Results indicate that the average welfare loss of the mandate is $6,107 per acre-foot of restriction in Northern California and $2,757 per acre-foot of restriction in Southern California. In terms of monthly household-level willingness-to-pay (WTP) to avoid the …

Climate And Crime: Examining The Relationship Between Extreme Weather Events And Crime Rates In The United States, Erin Tully

CMC Senior Theses

This study attempts to determine whether there is a relationship between extreme weather events and crime rates. Due to the increasing effects of climate change, it is critical we understand the societal effects of extreme weather. Here, a panel data fixed effects regression was used to analyze state and year level data. It was hypothesized that there would be a relationship between crime and extreme events, but the results did not show a statistically significant relationship. Further research with increased geographic and temporal controls is encouraged.

Spatial And Temporal Intricacies Of Natural Resource Use: Studies In Water, Forests, And Hydrocarbons, Dadhi Adhikari

Economics ETDs

This dissertation examines spatial and temporal impacts of natural resource use. The second chapter integrates hydrological and economic systems to examine the impact of drought on these two systems and explores the spatial impact of policies aimed to mitigate the drought impact. The systems dynamics model developed for this chapter simultaneously considers the physical hydrology in the Middle Rio Grande water basin in New Mexico, the engineered water management system, and a behavioral model of residential water demand for three cities: Albuquerque, Rio Rancho, and Santa Fe, New Mexico. The simulation results showed that droughts that occur in later periods, …

Income Shocks And The Acceptance Of Intimate Partner Violence In Indonesia, Matthew N. Krupoff

Master's Theses

Intimate partner violence (IPV) is a pervasive issue affecting 1 in 3 women worldwide. Despite the negative welfare impacts, it is still seen as acceptable in some parts of the world, even amongst women. This paper examines how elastic these accepting attitudes towards IPV are to changing economic conditions. Specifically, this paper focuses on changes in intra-household resources from negative shocks to male-sourced income. The setting and context takes place in coastal communities in Indonesia, where fishing is a main source ofincome generated primarily by men. This paper uses satellite-derived fishing conditions to measure how women's attitudes towards IPV change …

The Economic Impacts Of Forest Timber Methods In Washington State: A Hedonic Approach, Kaleb Javier

All Master's Theses

Washington State is one of the nation’s leaders in timber production. This paper establishes literature gap regarding the economic impacts of forest timber management methods. In this research, I employ a data set of 170,141 home sales across eleven counties of western Washington to estimate the impact that even-age and uneven-age forest cutting methods have on the local real-estate market. I estimate two sets of hedonic fixed effect regression models to control for omitted variable bias and spatial autocorrelation. The results show statistically significant impacts on property values for both cutting methods, adding important information for forest managers.

The Economic Impacts Of Cougars In Western Washington, Todd Stoothoff

All Master's Theses

The combination of increasing cougar populations and the rising human population in Wildland-Urban Interface (WUI) areas suggests that the number of human-cougar encounters will rise as well. The increase in human-cougar encounters creates potential issues in regard to public safety, public policy, and management of predators. For the purposes of this research, I employ a housing dataset for eleven counties in western Washington in order to quantify the impacts of a confirmed cougar sighting on the sale value of a home. Specifically, I employ the hedonic real estate price model. Results show statistically significant impacts on housing values in the …

Natural Disasters, Foreign Aid And Economic Development, Valeriu Tomescu

Honors Theses and Capstones

No abstract provided.

A Sustainability-Based Project Selection Algorithm: Socio-Technical-Economic Project Selection (Steps) Algorithm, Bharathi Bhattu

Dissertations, Master's Theses and Master's Reports

Multi-dimensional aspects play a vital role in the task of project-decision making. Environmental effects are to be considered in addition to other technical and non-technical aspects in order to avoid undue environmental damage. This current work introduces a new decision-making algorithm (Socio-Technical-Economic Project Selection or STEPS) that is demonstrated with the use of RCA (recycled concrete aggregate) as riprap for slope stabilization and erosion control which leaches chemical arsenic when in contact with water. Arsenic has long been recognized for its lethal properties. The main intention of introducing this new algorithm is to use sustainability concepts of social, technical, and …

Ballot-Box Environmentalism Across The Golden State: How Geography Influences California Voters’ Demand For Environmental Public Goods, William Skyler Lewis

Pomona Senior Theses

In California, voters frequently face ballot propositions dealing directly or indirectly with environmental protection. Records of these votes provide powerful evidence of the character of voters’ demand and willingness-to-pay for environmental public goods (e.g., air quality, watershed ecosystem services, parks and recreation), and have been used in past environmental econometrics research to produce aggregated income and price effect estimates. Using neighborhood-level voting records on seven environmental-related ballot propositions in California between 2002 and 2010, this econometric study investigates the nature of voters’ demand for environmental public goods, focusing on the effect of household income on pro-environment voting. Unlike previous studies, …

Do Footprint-Based Cafe Standards Make Car Models Bigger?, Brianna Marie Jean

Economics

Corporate Average Fuel Economy (CAFE) standards have historically been set equal across all manufacturer fleets of the same type. Concerns about varying costs across firms and safety implications of standards that are set homogeneously across firms and models resulted in a policy shift towards footprint-based standards. Under this type of standard, individual car models face targets based on the size of the area between the wheelbase and wheel track, so that larger models face less stringent standards, and manufacturers who make, on average, larger cars will face a lighter fleet standard. Theoretical models have shown that this type of policy …