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Three essays in environmental economics.

Yu, Fei.

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Three essays in environmental economics.

紀錄類型:	書目-語言資料,印刷品 : Monograph/item
正題名/作者:	Three essays in environmental economics./
作者:	Yu, Fei.
面頁冊數:	108 p.
附註:	Adviser: Robert Stavins.
Contained By:	Dissertation Abstracts International68-10A.
標題:	Economics, General. -
電子資源:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3285571
ISBN:	9780549280125

Three essays in environmental economics.
Yu, Fei.

Three essays in environmental economics. - 108 p.

Adviser: Robert Stavins.

Thesis (Ph.D.)--Harvard University, 2007.

This dissertation presents three essays in environmental economics. They address issues of environmental economics from macroeconomic, financial markets and program evaluation perspectives, respectively.

ISBN: 9780549280125Subjects--Topical Terms:

1017424
Economics, General.

Three essays in environmental economics.
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502 $a Thesis (Ph.D.)--Harvard University, 2007.
520 $a This dissertation presents three essays in environmental economics. They address issues of environmental economics from macroeconomic, financial markets and program evaluation perspectives, respectively.
520 $a The first essay examines whether air pollutants in the US states converge to predictable patterns. US data concerning five types of air pollutant emissions for the period 1985 to 1999 were analyzed to test whether or not there is convergence in the manner hypothesized by Stokey's optimal growth model. The empirical tests show evidence supporting conditional convergence of emissions, where each of the 51 states converge to different steady states or balanced growth paths. The implied rates of convergence are in the comparable range with that of income convergence.
520 $a The second essay employs an event study method to analyze the stock market response to news of firms having been awarded membership in the EPA's National Environmental Performance Track (NEPT) Program. The results indicate that participating firms experienced positive cumulative abnormal returns over ten and fifteen day event windows following release of news on new memberships. Significant determinants of cumulative abnormal returns include R&D, total assets and sales.
520 $a The third essay analyzes the effectiveness of a recently completed World Bank project in China, where 5,500 rural households were subject to different combinations of improved stoves and behavioral interventions to reduce indoor air pollution (IAP) exposure. Fixed effects models, random effects models, linear probability models and matching estimators were used in the analysis. There is significant evidence that the interventions were effective in reducing indoor air pollution levels, and in reducing acute respiratory infection (ARI) risks among children under five years of age. Cost-benefit analysis shows that both the combination of stove and behavioral interventions and behavioral interventions alone generate health benefits far exceeding the costs. Behavioral interventions alone appear to be more cost effective.
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650 4 $a Environmental Sciences. $3 676987
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