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Essays in Environmental and Behavior...

Panassie, Yann.

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Essays in Environmental and Behavioral Economics.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Essays in Environmental and Behavioral Economics./
Author:	Panassie, Yann.
Published:	Ann Arbor : ProQuest Dissertations & Theses, : 2018,
Description:	109 p.
Notes:	Source: Dissertations Abstracts International, Volume: 80-04, Section: A.
Contained By:	Dissertations Abstracts International80-04A.
Subject:	Environmental economics. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10844155
ISBN:	9780438445062

Essays in Environmental and Behavioral Economics.
Panassie, Yann.

Essays in Environmental and Behavioral Economics. - Ann Arbor : ProQuest Dissertations & Theses, 2018 - 109 p.

Source: Dissertations Abstracts International, Volume: 80-04, Section: A.

Thesis (Ph.D.)--University of California, San Diego, 2018.

This item must not be sold to any third party vendors.

This dissertation studies questions in environmental economics by exploring the mechanisms through which government and private decisions interact in the transportation and housing markets. These have important environmental and distributional consequences in terms of mitigation of and adaptation to climate change. In Chapter 1, I compare new vehicle sales in the United States and Canada to determine whether updated EPA fuel economy labels introduced in 2012 succeeded in altering consumers' new vehicle purchase choices. I find small savings in gasoline consumption through a 1.5 percentage point increase in small car market shares, a corresponding decrease in SUV shares, and a 6% increase in the valuation of small SUVs' fuel economies. In Chapter 2, I study gasoline price volatility in California by estimating the gasoline price elasticity of demand for driving, and show that this parameter is both highly inelastic and likely to vary over time. Chapter 3 focuses on the impacts of hurricanes on the Florida housing market. I show that hurricanes cause an equilibrium increase in home prices and a concurrent decrease in transaction probability, lasting up to three years. With supplementary evidence from demographic trends, I conclude that the main driver of these dynamics is a negative transitory shock to the housing supply in the aftermath of hurricanes as homes recover from physical damages. I further observe that new homeowners have higher incomes, resulting in a permanent shift in the demographic composition of disaster-prone areas, and suggesting important implications about the expected costs and distributional impacts of future federal disaster relief spending.

ISBN: 9780438445062Subjects--Topical Terms:

535179
Environmental economics.

Essays in Environmental and Behavioral Economics.
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300 $a 109 p.
500 $a Source: Dissertations Abstracts International, Volume: 80-04, Section: A.
500 $a Publisher info.: Dissertation/Thesis.
500 $a Carson, Richard.
502 $a Thesis (Ph.D.)--University of California, San Diego, 2018.
506 $a This item must not be sold to any third party vendors.
520 $a This dissertation studies questions in environmental economics by exploring the mechanisms through which government and private decisions interact in the transportation and housing markets. These have important environmental and distributional consequences in terms of mitigation of and adaptation to climate change. In Chapter 1, I compare new vehicle sales in the United States and Canada to determine whether updated EPA fuel economy labels introduced in 2012 succeeded in altering consumers' new vehicle purchase choices. I find small savings in gasoline consumption through a 1.5 percentage point increase in small car market shares, a corresponding decrease in SUV shares, and a 6% increase in the valuation of small SUVs' fuel economies. In Chapter 2, I study gasoline price volatility in California by estimating the gasoline price elasticity of demand for driving, and show that this parameter is both highly inelastic and likely to vary over time. Chapter 3 focuses on the impacts of hurricanes on the Florida housing market. I show that hurricanes cause an equilibrium increase in home prices and a concurrent decrease in transaction probability, lasting up to three years. With supplementary evidence from demographic trends, I conclude that the main driver of these dynamics is a negative transitory shock to the housing supply in the aftermath of hurricanes as homes recover from physical damages. I further observe that new homeowners have higher incomes, resulting in a permanent shift in the demographic composition of disaster-prone areas, and suggesting important implications about the expected costs and distributional impacts of future federal disaster relief spending.
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