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Quasi-experimental and experimental approaches to environmental economics

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dc.contributor.author Greenstone, Michael en_US
dc.contributor.author Gayer, Ted en_US
dc.contributor.other Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research. en_US
dc.date.accessioned 2009-04-09T20:05:19Z
dc.date.available 2009-04-09T20:05:19Z
dc.date.issued 2007 en_US
dc.identifier 2007-013 en_US
dc.identifier.uri http://hdl.handle.net/1721.1/45128
dc.description.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 threats to their validity. It then illustrates the quasi-experimental method by assessing the validity of a quasi-experiment that aims to estimate the impact of the Endangered Species Act on property markets in North Carolina. The paper's larger argument is that greater application of experimental and quasi-experimental techniques can identify efficient policies that increase social welfare. en_US
dc.format.extent 58 p en_US
dc.publisher MIT Center for Energy and Environmental Policy Research en_US
dc.relation.ispartofseries MIT-CEEPR (Series) ; 07-013WP. en_US
dc.title Quasi-experimental and experimental approaches to environmental economics en_US
dc.type Working Paper en_US
dc.identifier.oclc 244571875 en_US


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