Now showing items 1-5 of 5
Estimating equilibrium models of sorting across locations
(Economic Journal, 2007-03-01)
While there is growing interest in measuring the size and scope of local spillovers, it is well understood that such spillovers cannot be distinguished from unobservable local attributes using solely the observed location ...
If you cannot take the heat, get out of the cerrado... Recovering the equilibrium amenity cost of nonmarginal climate change in Brazil
(Journal of Regional Science, 2007-02-01)
This paper presents an empirical technique for valuing large changes in nonmarketed local attributes (e.g., climate amenities) without data describing prices of locally traded commodities like housing. A model of endogenous ...
What's the big deal about oil? How we can get oil policy right
Asset pricing in created markets
(American Journal of Agricultural Economics, 2007-05-01)
We investigate the applicability of the present-value asset pricing model to fishing quota markets by applying instrumental variable panel data estimation techniques to 15 years of market transactions from New Zealand's ...
Open access in a spatially delineated artisanal fishery: The case of Minahasa, Indonesia
(Environment and Development Economics, 2007-02-01)
The effects of economic development on the exploitation of renewable resources are investigated in settings where property rights are ill defined or not enforced. This paper explores potential conservation implications from ...