The Value of Terroir: Hedonic Estimation of Vineyard Sale Prices
We examine the value of terroir, which refers to the special characteristics of a place that impart unique qualities to the wine produced.
Research
Dirty Distraction
The U.S. environmental movement has devoted immense effort and political capital to blocking Keystone XL, the pipeline that would bring bitumen from Canadian oil sands to Gulf Coast refineries.
Transforming U.S. Energy Innovation
The United States and the world need a revolution in energy technology—a revolution that would improve the performance of our energy systems to face the challenges ahead.
Transforming U.S. Energy Innovation
The United States and the world need a revolution in energy technology—a revolution that would improve the performance of our energy systems to face the challenges ahead.
Real-Time Economic Analysis and Policy Development During the BP Deepwater Horizon Oil Spill
The 2010 BP Deepwater Horizon oil spill posed near-term economic risks to the Gulf of Mexico region and raised questions about appropriate policies to mitigate catastrophic oil-spill risks.
The Promise and Problems of Pricing Carbon: Theory and Experience
Because of the global commons nature of climate change, international cooperation among nations will likely be necessary for meaningful action at the global level.
Fuel Tax Incidence and Supply Conditions
In this paper, we provide new evidence regarding the pass-through of diesel and gasoline taxes to prices, and how the estimated pass-through depends on a variety of supply conditions including a measu
Can We Test Geoengineering?
Solar radiation management (SRM), a form of geoengineering, might be used to offset some fraction of the anthropogenic radiative forcing of climate as a means to reduce climate change, but the risks a
Using the Market to Address Climate Change: Insights from Theory and Experience
Emissions of greenhouse gases linked with global climate change are affected by diverse aspects of economic activity, including individual consumption, business investment, and government spending.
Real-Time Economic Analysis and Policy Development During the BP Deepwater Horizon Oil Spill
The 2010 BP Deepwater Horizon oil spill posed near-term economic risks to the Gulf of Mexico region and raised questions about appropriate policies to mitigate catastrophic oil spill risks.
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