Data/hora: 12/06/2024 14:01:01

Provedor de dados: | 31
País: | United States
Título: | Estimating Ricardian Models With Panel Data
Autores: | Massetti,   Emanuele; Mendelsohn,   Robert.
Data: | 2011-09-22
Ano: | 2011
Palavras-chave: | Climate Change; Impacts; Agriculture; Hedonic Models; Resource /Energy Economics and Policy; Q1; Q12; Q51; Q54.
Resumo: | Many nonmarket valuation models, such as the Ricardian model, have been estimated using cross sectional methods with a single year of data. Although multiple years of data should increase the robustness of such methods, repeated cross sections suggest the results are not stable. We argue that repeated cross sections do not properly specify the model. Panel methods that correctly specify the Ricardian model are stable over time. The results suggest that many cross sectional methods including hedonic studies and travel cost studies could be enhanced using panel data.
Tipo: | Working or Discussion Paper
Idioma: | Inglês
Identificador: | http://purl.umn.edu/115727

Relação:

Fondazione Eni Enrico Mattei (FEEM)&gt;Climate Change and Sustainable Development

CCSD

50.2011

Formato: | 33