"House conservatives' sweeping plan for Trump's first 100 days, explained"
JANUARY 10, 2017
All regulations have zero benefits: Thursday morning, the House Freedom Caucus, the main group representing the far right of House Republicans, released an ambitious regulatory — or, really, deregulatory — agenda for the Trump administration to pursue.
The human/climate change connection: two approaches, same story
SEPTEMBER 13, 2016
What is the connection between humans and temperature changes over time?
"Why did Beall's List of potential predatory publishers go dark?"
JANUARY 18, 2017
I've used this list a number of times on this blog (most recently here with, I must say, a nice comment on the economics of the industry): Jeffrey Beall, the University of Colorado, Denver, librarian who has since 2008 chronicled “potential, possible, or probable” predatory publishers, has — at least for now — pulled the plug on his influential, and at times controversial, site.
"Marine Recreational Fishing and the Social Cost of Carbon"
MARCH 22, 2017
I've been wanting to write this paper since the EPA/DOE workshop on the SCC : The Impact of Climate Change on Marine Recreational Fishing with Implications for the Social Cost of Carbon John Whitehead, Appalachian State University Daniel Willard, Environmental Defense Fund. Abstract. We estimate the effects of temperature and precipitation on marine recreational fishing days over a 20 year time period.
I just might know an expert in estimating the value of outdoor recreation
DECEMBER 14, 2016
If you are going to calculate the economic impacts of outdoor recreation , maybe, just maybe, you might want to consult with an expert who has a book on valuation methods with chapter titles like: "Modeling the Demand for Recreation," and "Single Site Demand Estimation," and "Site Choice Models." " Outdoor recreation is an economic colossus: its reach is massive, its wealth enormous, and its influence continues to grow as more boots hit the ground.
and we're off.
NOVEMBER 9, 2016
Well, that didn't take long : It’s been reported that Trump had chosen Myron Ebell, director of the Center for Energy and Environment at the conservative Competitive Enterprise Institute, to lead his Environmental Protection Agency transition team. Ebell has called the Clean Power Plan “ illegal” and has said joining the Paris agreement is “unconstitutional.”.
Loose lips sink ships follow-up
OCTOBER 20, 2016
I didn't realize how bad this quote is playing among Democrats, environmentalists and others. From Fuse Washington : However, recent comments by Bauman compelled us to publicly endorse the Alliance and voice our opposition to I-732. Bauman's remarks were both offensive on their face and shined a light on some serious policy shortcomings of his initiative.
Economic transition is a difficult, but necessary conversation--especially for those affected
SEPTEMBER 8, 2016
As countries develop, economically and socially, the means of producing economic well-being shift. These shifts are often uncomfortable for those working tin the affected industries. In the U.S. in the early 20th century, technology-induced on-farm productivity gains led to significant decreases in on-farm employment and significant increases in industrial manufacturing jobs.
A social cost of carbon witch hunt in the Department of Energy
DECEMBER 9, 2016
"Even top economists publish in predatory journals, study finds" #RePEc
OCTOBER 27, 2016
Retraction Watch: Top-ranking economists sometimes publish papers in open access journals deemed potentially “predatory,” according to a new analysis. The findings contradict previous results that show that researchers who publish papers in “potential, possible, or probable” predatory journals (as defined by librarian Jeffrey Beall ) are largely inexperienced.
"Considering John Krutilla and the Environmental Turn in Natural Resource Economics"
JULY 13, 2016
Spencer Banzhaf: John Krutilla, a pioneer in environmental economics, helped to shape the field as an expert at Resources for the Future (RFF) in the mid-twentieth century. Perhaps his greatest legacy is shifting the discussion from one of economics versus the environment to consider a new economics of the environment. In In a new RFF discussion paper , I tell the story of these intellectual moves.
The American Statistical Association sets out six principles for proper use of P-values (And you won't believe #2 or #4)*
MARCH 7, 2016
Via Retraction Watch: After reading too many papers that either are not reproducible or contain statistical errors (or both), the American Statistical Association (ASA) has been roused to action. Today the group released six principles for the use and interpretation of p values. P-values are used to search for differences between groups or treatments, to evaluate relationships between variables of interest, and for many other purposes. But the ASA says they are widely misused.
Explaining why economics majors rank near the top in salaries earned
MARCH 27, 2015
In case you happen to be in Morogoro, Tanzania next week.
OCTOBER 4, 2016
IAGRI Workshop Announcement. Introduction to Valuation Methods and Willingness to Pay. Dates: October 12-13, 2016. Location: iAGRI building, Sokoine University of Agriculture campus. Presenter: Dr. Tim Haab, Professor and Chair, Department of Agricultural, Environmental and Development Economics, Ohio State University, Columbus, Ohio USA. Abstract: Understanding of the values that people place on goods and services is critical to making sound economic decisions.
Daily Demand and Supply: Who will pay for the wall if a 20% import tax is imposed?
JANUARY 27, 2017
On Wednesday, President Trump either did or didn't suggest that Mexico will pay for the construction of a border wall between the U.S. and Mexico through a 20% import tax on all goods imported from Mexico.
Stop arguing with me--it's a scientific fact that I am smarter
OCTOBER 6, 2015
According to a collection of studies, drummers are super smart, due to a variety of factors relating to being in the rhythm section. The news comes courtesy of Polymic, who have compiled a series of reports from Oxford and Harvard universities to name a few. What they found was that that dude at the back of the band isn’t the head scratcher that you might think he is, in fact he is more likely to be the smartest of them all.
"How Coastal Cities Are Preparing For Climate Change"
APRIL 6, 2016
With zero chance of a carbon tax in the U.S. here are some important examples of adaptation: With experts predicting that the effects of global warming could be catastrophic in the next 50 years, here are some ways that coastal cities are addressing the challenges of rising sea levels: Bar Harbor, ME : Officials urging residents to stockpile vintage charm in case of emergency. Manhattan, NY : Initiating 10-year plan to replace inhabited residences with vacant Emirati-owned condo developments.
APRIL 27, 2017
Alison McCook at Retraction Watch : First, an occupational health journal appointed a new editor with industry ties without consulting the editorial board. Then, with no explanation, it withdrew a paper by the previous editor that was critical of corporate-sponsored research — again, without consulting the editorial board. At that point, they’d had enough.
Raise your hand if you want to work with me.
OCTOBER 12, 2015
The Department of Agricultural, Environmental, and Development Economics (my department) in the College of Food, Agricultural and Environmental Sciences (my college) at The Ohio State University (my university) is hiring for four new faculty positions--and I am not ashamed of taking advantage of this blog to promote the positions.
A presidential candidate that doesn't make me even a little uncomfortable
MAY 26, 2016
Richard G. Newell named next president of RFF: Resources for the Future (RFF) today announced the appointment of Richard G. Newell of Duke University as its next president. He will succeed current RFF president and former US congressman Phil Sharp, who will retire at the end of June after 11 years at RFF’s helm. Dr. Newell’s term begins on September 1, 2016.
Not seeing the forest for the trees?
SEPTEMBER 12, 2011
Nancy Folbre promotes the notion of green jobs at Economix and then gets down to business: The biggest gains from investments in new renewable-energy technologies are not easily captured in private transactions, because they produce environmental services that are largely unpriced. Companies can sell consumers with a conscience a “share” in global greenhouse gas reduction – that’s what the growing business of carbon offsets is all about.
2015 Kenneth G. Elzinga Distinguished Teaching Award
MAY 12, 2016
Considering the past 6 years, environmental economists win it about 50% of the time : Dr. Leah Greden Mathews of the University of North Carolina Asheville. The winner was announced at the 2015 meeting of the Southern Economic Association in New Orleans, LA on Sunday, November 22, and was awarded a plaque and a cash award.
"Shattering Myths to Help the Climate"
AUGUST 3, 2014
Robert Frank: Why aren’t we demanding more forceful [climate] action? One reason may be the frequent incantation of a motley collection of myths, each one rooted in bad economics: Myth 1: The enormous uncertainty of climate science argues for a wait-and-see strategy. The claim here is that reducing greenhouse gases would be a wasted expense if climate change ends up causing only minor problems. But uncertainty cuts two ways.
A different kind of ash-hole problem: Does the distribution of costs matter to economists?
JANUARY 20, 2016
I've written in the past about the Emerald Ash Borer and the problems they cause in Ohio. This post is about a different kind of ash, coal-ash, and the problems it causes in Ohio (and other states). Coal-ash is a by-product of coals fired electricity production. The ash from burning coal is stored in big lagoon-like ponds called ash-impoundments, or as I like to call them, ash-holes. Get it?
A Common Tragedy
FEBRUARY 4, 2013
When self-regulation, weak regulation and social norms fail to address overfishing in an aopen-access fishery (like the New England Cod fishery), sometimes drastic regulations are necessary for the long-term sustainability of the fishery.
Seventh Annual Conference and Meeting | Society for Benefit-Cost Analysis
MARCH 19, 2015
Thursday, March 19, 3:45 – 5:15 Session 4. Non-Market Recreational Welfare Effects of Changes in the Diversity and Abundance of Species. Chair: Trudy Ann Cameron, University of Oregon. Presentations: A Combined Revealed/Stated Preference Model for Projecting the Impact of Aquatic Nuisance Species on Recreational Angling in the Great Lakes, Upper Mississippi, and Ohio River Basins, Gregory L. Poe*, Cornell University; Richard C.
Top 14 economics journals
MARCH 21, 2014
According to Google Scholar Metrics
Why is this book so expensive?
MARCH 17, 2015
There a number of reasons why I think it should be more affordable: It is old (2007) and probably dated (I don't have the book so I don't really know that, do I?). It is in paperback. There is a secondary market. There are a number of other good subsitutes. What am I missing?
Economists believe that the CBO makes credible forecasts
MARCH 22, 2017
See for yourself: [link]. And here is the information on the survey and panel: This panel explores the extent to which economists agree or disagree on major public policy issues. To assess such beliefs we assembled this panel of expert economists.
Austerity for electric cars
JUNE 10, 2013
Not from The Onion : DOT quietly pulled [charging stations for plug-in electric cars at four interstate highway rest stops in Johnston and Alamance counties] out of the ground and trucked them to a warehouse. In their place today are four blue signs memorializing the end Feb.
I'm now looking forward to the spam inviting me to join
MAY 12, 2016
From Wikipedia : ResearchGate has been criticized for emailing unsolicited invitations to the coauthors of its users.
Some details on Trump's proposed EPA cuts*
MARCH 10, 2017
Here are some of the EPA program cuts proposed by President Trump : Source: Alt National Park Service on FB. The benefit/cost analysis tag on this post is meant to be ironic. Just not in a funny way
Some empirical evidence on the benefits of catch shares in commercial fisheries
APRIL 6, 2017
AKA individual transferable quotas: But derby-style fishing means commercial fishermen are sometimes forced onto the water in stormy weather or before their boats can be properly maintained. Miss the window to catch fish, and for some, it can mean the difference between keeping their businesses afloat or not. But over the last decade or so, a different kind of fisheries management program known as catch shares has been gaining ground.
Add 'delayed effects on fish stocks' to the list of damages to be valued during oil spills
SEPTEMBER 10, 2015
For 25 years, methodical research by scientists has investigated the effects of the Exxon Valdez oil spill in 1989 on Alaskan communities and ecosystems. A new study released today into the effects of the 1989 Exxon Valdez oil spill in Alaska shows that embryonic salmon and herring exposed to very low levels of crude oil can develop hidden heart defects that compromise their later survival, indicating that the spill may have had much greater impacts on spawning fish than previously recognized.
Picture of the day
MARCH 5, 2013
If you like this one there are more here. Hat tip: The Door
The TV in our new experimental lab is big
MAY 7, 2015
Graphic of the Day: Yep
JANUARY 6, 2017
See, science is messy
MARCH 27, 2017
Yesterday I posted about Lamar Smith and his attempts to dismiss science because it can be, well, less than certain. Here's another good example (from FIveThirtyEight's SigDig today ): A study published in Nature found that about 50 percent of the platelets in the bloodstream are made in the lungs, not in the bone marrow as previously believed. Mr. Smith, should we now dismiss all medical studies because we have learned something new? Just wondering.
Climate Science is SCIENCE whether we call it that or not
MARCH 26, 2017
Lamar Smith is scary (to me at least) : Emboldened by the election of President Donald Trump, Smith appears increasingly comfortable dismissing those who disagree with his stance on any number of issues under the purview of his science committee, from climate research to the use of peer review in assessing research results and grant proposals. And one key element in his strategy appears to be relabeling common terms in hopes of shaping public dialogue. “I
"The World’s Top Economists Want to Work for Amazon and Facebook"
JULY 20, 2016
I was sorry that I missed NABE's Big Data Conference in June. I bet it was a lot like this: At an April meetup organized by the National Association for Business Economics (NABE), a Facebook researcher named Michael Bailey showed his peers how somebody in Detroit might be willing to pay more for a home if he or she had lots of Facebook friends living in a high-priced housing market such as San Francisco.