Vehicle miles traveled (VMT) in the U.S. have exhibited an upward trend over time similar to that observed for GDP and personal income. While conventional wisdom suggests that economic growth leads to more driving and thus higher VMT, it is theoretically possible that the causation could also be the other...
This study seeks to explore the determinants of the relationship of economic growth and water quality in the United States using an Environmental Kuznets Curve framework. Specifically this study seeks to determine whether there is evidence of improvement in water quality since passage of the 1972 amendments to the Clean...
The publicly subsidized Federal Crop Insurance Program has expanded rapidly in recent decades in the United States. With the reform in the 2014 Farm Bill, the Federal Crop Insurance Program has become the most important component of U.S. farm policies. The primary goal of the program is to provide risk...
This study investigates the share of open space that maximizes total private property values in urban areas. Open space poses a number of trade-offs to city managers. On the one hand, previous studies have shown that certain kinds of open space can increase property values, which tends to increase tax...
Location is a critical component of business decisions. A firm's location decision may be influenced not only by market forces, such as the location of input suppliers, output processors and competitors, but also by government policies if such policies impact their expected profits and are applied non-uniformly across space. Likewise,...