|
|
|
|
||||
|
||||
Quasi-Experimental and Experimental Approaches to Environmental EconomicsMichael GreenstoneMassachusetts Institute of Technology (MIT) - Department of Economics; National Bureau of Economic Research (NBER) Ted GayerBrookings Institution July 1, 2007 RFF Discussion Paper No. 07-22 Abstract: This paper argues that an increased application of quasi-experimental and experimental techniques will improve understanding about core environmental economics questions. This argument is supported by a review of the limitations of associational evidence in assessing causal hypotheses. The paper also discusses the benefits of experiments and quasi-experiments, outlines some quasi-experimental methods, and highlights some threats to their validity. It then illustrates the quasi-experimental method by assessing the validity of a new one in environmental economics that seeks to estimate the impact of the Endangered Species Act on property markets in North Carolina. Ultimately, the greater application of experimental and quasi-experimental techniques has the potential to identify efficient policies that increase social welfare.
Number of Pages in PDF File: 60 working papers seriesDate posted: July 21, 2007 ; Last revised: November 9, 2008Suggested CitationContact Information
|
|
|||||||||||||||||||||||||||||||
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
FAQ
Terms of Use
Privacy Policy
Copyright
This page was processed by apollo3 in 0.390 seconds
