Many studies have been focusing on the impact of the shale gas boom on our society, but the reverse relationship is not well documented. The objective of this paper is to examine the impact of oil and…

Using fine-scale panel data and an econometric model, we predict land use change in the Midwestern United States if a new bioenergy crop,Miscanthus × Giganteus (miscanthus), is introduced. To explain…

It is widely accepted that the firms included in an emissions trading scheme (ETS) come mostly from oligopolistic industries. The “exclusionary manipulation” of these heterogeneous emitters can…

The incorporation of an agglomeration bonus payment to encourage spatial coordination in auction mechanisms to allocate payments for ecosystem services (PES) contracts has been explored as a promising…

In recent years, the coal intensity of electricity generation and its change rate over time has varied significantly across coal-fired power plants in China. This paper decomposes the coal intensity…

Finding alternative livelihood possibility for state worker households is crucial for the successful implementation of Natural Forest Protection Program (NFPP) in China's key state forest regions. One…

We combine survey responses to subjective well-being (SWB) questions with air pollution data to recover Chinese residents' valuation of air quality improvements. Motivated by theoretical models of…

Farmers may adapt to climate change by substituting away from the crops most severely affected. In this paper we estimate the substitution caused by a moderate change in climate in the US Midwest. We…

Using an extended LHARG model proposed by Majewski et al. (2015, J Econ, 187, 521–531), we derive the closed‐form pricing formulas for both the Chicago Board Options Exchange VIX term structure and…

This paper provides an overview of recent forest tenure reform in rural China and a summary of findings from a series of surveys and research papers. The research papers cover several broad themes…