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Valuing local environmental amenity
(2011)CEPE Working PaperWe report results from a series of discrete choice experiments designed to elicit preferences for local environmental improvements. Amenities we consider are: improvements to areas of open space, outdoor recreation facilities, street cleanliness, public areas, the restoration of derelict properties, and the provision of paths dedicated to cycling and walking. We include the spatial coverage of the policy as an attribute, making the trade-off ...Working Paper -
Subglobal climate agreements and trade in energy intensive commodities
(2011)MIT Center for Energy and Environmental Policy Research Working Paper 2011-003 (CEEPR WP 2011-003)Subglobal climate policies induce changes in international competitiveness and favor a relocation of carbon-emitting activities. We argue that many energy-intensive activities are also capital-intensive, so that carbon policies could affect rents rather than abatement or location. Taking copper as an example, we formulate a plant-level spatial equilibrium model of the industry, and we estimate a set of elasticities to calibrate the ...Working Paper