Do Environmental Markets Improve on Open Access? Evidence from California Groundwater Rights
收藏NBER2019-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w26268
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资源简介：
Environmental markets are widely prescribed as an alternative to open-access regimes for natural resources. We develop a model of dynamic groundwater extraction to demonstrate how a spatial regression discontinuity design that exploits a spatially-incomplete market for groundwater rights recovers a
提供机构：
美国国家经济研究局
创建时间：
2019-09-01
