Results 1 to 10 of about 81,680 (37)

Going Beneath the Surface: Petroleum Pollution, Regulation, and Health

open access: yesAmerican Economic Journal: Applied Economics, 2021
This paper quantifies the health impacts of petroleum leaks from underground storage tanks, the effectiveness of tank regulation, and the role of information as a policy tool in the same setting.
M. Marcus
semanticscholar   +1 more source

Structural Interpretation of Vector Autoregressions with Incomplete Identification: Revisiting the Role of Oil Supply and Demand Shocks

open access: yesThe American Economic Review, 2019
Traditional approaches to structural vector autoregressions (VARs) can be viewed as special cases of Bayesian inference arising from very strong prior beliefs.
C. Baumeister, James D. Hamilton
semanticscholar   +1 more source

The Local Economic and Welfare Consequences of Hydraulic Fracturing

open access: yesAmerican Economic Journal: Applied Economics, 2019
Exploiting geological variation and timing in the initiation of hydraulic fracturing, we find that fracking leads to sharp increases in oil and gas recovery and improvements in a wide set of economic indicators. There is also evidence of deterioration in
Alexander W. Bartik   +3 more
semanticscholar   +1 more source

Learning to Coordinate: A Study in Retail Gasoline

open access: yesThe American Economic Review, 2019
This paper studies equilibrium selection in the retail gasoline industry. We exploit a unique dataset that contains the universe of station-level prices for an urban market for 15 years, and that encompasses a coordinated equilibrium transition mid ...
David P. Byrne, Nicolas D B. Roos
semanticscholar   +1 more source

Exchange Rate and Trade in Services Nexus in Nigeria: A Non-Linear ARDL Approach

open access: yesAthens Journal of Business & Economics, 2022
A nonlinear ARDL model is employed to investigate the asymmetric drivers of non-oil trade in services between Nigeria and Netherlands. A significant number of past studies have concentrated their attention on the elasticity of trade in services to real ...
N. Audu, Titus O. Obiezue
semanticscholar   +1 more source

Consumer Valuation of Fuel Costs and Tax Policy: Evidence from the European Car Market

open access: yesAmerican Economic Journal: Economic Policy, 2018
To what extent do car buyers undervalue future fuel costs, and what does this imply for tax policy? To address both questions, we show it is crucial to account for consumer mileage heterogeneity.
Laura Grigolon   +2 more
semanticscholar   +1 more source

Are Consumers Myopic? Evidence from New and Used Car Purchases

open access: yes, 2013
We investigate whether car buyers are myopic about future fuel costs. We estimate the effect of gasoline prices on short-run equilibrium prices of cars of different fuel economies.
Meghan R. Busse   +2 more
semanticscholar   +1 more source

Drilling Like There’s No Tomorrow: Bankruptcy, Insurance, and Environmental Risk

open access: yesThe American Economic Review, 2019
This paper measures the effects of bankruptcy protection on industry structure and environmental outcomes in oil and gas extraction. Using administrative data from Texas, I exploit variation in an insurance requirement that reduced firms’ ability to ...
J. Boomhower
semanticscholar   +1 more source

Consumer Myopia in Vehicle Purchases: Evidence from a Natural Experiment

open access: yesAmerican Economic Journal: Economic Policy, 2019
A central question in the analysis of fuel economy policy is whether consumers are myopic with regards to future fuel costs. We provide the first evidence on the consumer valuation of fuel economy from a natural experiment that provides exogenous ...
Kenneth Gillingham   +2 more
semanticscholar   +1 more source

(Mis)Allocation, Market Power, and Global Oil Extraction

open access: yesThe American Economic Review, 2019
We propose an approach to measuring the misallocation of production in a market that compares actual industry cost curves to undistorted (counterfactual ) supply curves.
John Asker   +2 more
semanticscholar   +1 more source

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