Pub Date : 2023-10-18DOI: 10.1007/s10640-023-00811-4
Veronica Leoni, David Boto-García
Abstract Natural disasters are an important deterrent factor for tourism activities from both supply and demand perspectives. This paper studies the short-term effect of a volcano eruption on hotel demand, supply and hospitality labour in La Palma (Spain), an island economy that is highly dependent on the tourism sector. Based on a monthly panel dataset, we employ seemingly unrelated difference-in-differences (SUR-DiD) to identify the distinct responses of these three outcomes both during and post eruption. We are particularly interested in examining the asymmetry in their elasticities to the shock, which serve as indicators of disaster resilience. Potential spillover effects on nearby islands are also examined. We find that the eruption resulted in significant yet asymmetrical drops in international demand, number of hotels opened, and hospitality workers hired. Our findings inform about the resilience of the tourism industry to natural disasters, offering relevant insights about heterogeneous effects depending on exposure to the event.
{"title":"The Effect of Natural Disasters on Hotel Demand, Supply and Labour Markets: Evidence from the La Palma Volcano Eruption","authors":"Veronica Leoni, David Boto-García","doi":"10.1007/s10640-023-00811-4","DOIUrl":"https://doi.org/10.1007/s10640-023-00811-4","url":null,"abstract":"Abstract Natural disasters are an important deterrent factor for tourism activities from both supply and demand perspectives. This paper studies the short-term effect of a volcano eruption on hotel demand, supply and hospitality labour in La Palma (Spain), an island economy that is highly dependent on the tourism sector. Based on a monthly panel dataset, we employ seemingly unrelated difference-in-differences (SUR-DiD) to identify the distinct responses of these three outcomes both during and post eruption. We are particularly interested in examining the asymmetry in their elasticities to the shock, which serve as indicators of disaster resilience. Potential spillover effects on nearby islands are also examined. We find that the eruption resulted in significant yet asymmetrical drops in international demand, number of hotels opened, and hospitality workers hired. Our findings inform about the resilience of the tourism industry to natural disasters, offering relevant insights about heterogeneous effects depending on exposure to the event.","PeriodicalId":48299,"journal":{"name":"Environmental & Resource Economics","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135883598","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-25DOI: 10.1007/s10640-023-00808-z
Simone Borghesi, Alistair Munro, Joëlle Noailly
{"title":"EAERE Award for the Best Paper Published in Environmental and Resource Economics During 2022","authors":"Simone Borghesi, Alistair Munro, Joëlle Noailly","doi":"10.1007/s10640-023-00808-z","DOIUrl":"https://doi.org/10.1007/s10640-023-00808-z","url":null,"abstract":"","PeriodicalId":48299,"journal":{"name":"Environmental & Resource Economics","volume":"35 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135814990","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-14DOI: 10.1007/s10640-023-00804-3
Brita Bye, Kevin R. Kaushal, Orvika Rosnes, Karen Turner, Hidemichi Yonezawa
Abstract Transportation is one of the main contributors to greenhouse gas emissions. Climate regulations on transportation are often a mix of sector-specific regulations and economy-wide measures (such as emission pricing). In this paper we consider how different and partly overlapping climate regulations interact and what are the effects on economic welfare, abatement costs and emissions? Our focus is on Norway, a nation where high taxation of conventional fossil-fuelled cars has paved the floor for another pillar of climate policies: promotion of electric vehicles (EVs) in private transport. Our contribution to the literature is two-fold. First, we analyse the costs and impacts of the partly overlapping climate regulations in transportation—the cap on domestic non-ETS emissions and the goal of all new cars for private households being EVs—focussing on the outcome in 2030. Second, we respond to a gap in the literature through a methodological development in economy-wide computable general equilibrium (CGE) approaches for climate policy by introducing EV technologies as an explicit transport equipment choice for private households. We find that, for the case of Norway, combining a specific EV target with policy to cap emissions through a uniform carbon price more than doubles the welfare costs.
{"title":"The Road to a Low Emission Society: Costs of Interacting Climate Regulations","authors":"Brita Bye, Kevin R. Kaushal, Orvika Rosnes, Karen Turner, Hidemichi Yonezawa","doi":"10.1007/s10640-023-00804-3","DOIUrl":"https://doi.org/10.1007/s10640-023-00804-3","url":null,"abstract":"Abstract Transportation is one of the main contributors to greenhouse gas emissions. Climate regulations on transportation are often a mix of sector-specific regulations and economy-wide measures (such as emission pricing). In this paper we consider how different and partly overlapping climate regulations interact and what are the effects on economic welfare, abatement costs and emissions? Our focus is on Norway, a nation where high taxation of conventional fossil-fuelled cars has paved the floor for another pillar of climate policies: promotion of electric vehicles (EVs) in private transport. Our contribution to the literature is two-fold. First, we analyse the costs and impacts of the partly overlapping climate regulations in transportation—the cap on domestic non-ETS emissions and the goal of all new cars for private households being EVs—focussing on the outcome in 2030. Second, we respond to a gap in the literature through a methodological development in economy-wide computable general equilibrium (CGE) approaches for climate policy by introducing EV technologies as an explicit transport equipment choice for private households. We find that, for the case of Norway, combining a specific EV target with policy to cap emissions through a uniform carbon price more than doubles the welfare costs.","PeriodicalId":48299,"journal":{"name":"Environmental & Resource Economics","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134911447","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-14DOI: 10.1007/s10640-023-00807-0
Irina Bakalova, Mariia Belaia
{"title":"Stability of Efficient International Agreements on Solar Geoengineering","authors":"Irina Bakalova, Mariia Belaia","doi":"10.1007/s10640-023-00807-0","DOIUrl":"https://doi.org/10.1007/s10640-023-00807-0","url":null,"abstract":"","PeriodicalId":48299,"journal":{"name":"Environmental & Resource Economics","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134911967","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-07DOI: 10.1007/s10640-023-00805-2
Luis Sarmiento, Adam Nowakowski
{"title":"Court Decisions and Air Pollution: Evidence from Ten Million Penal Cases in India","authors":"Luis Sarmiento, Adam Nowakowski","doi":"10.1007/s10640-023-00805-2","DOIUrl":"https://doi.org/10.1007/s10640-023-00805-2","url":null,"abstract":"","PeriodicalId":48299,"journal":{"name":"Environmental & Resource Economics","volume":"86 1","pages":"605 - 644"},"PeriodicalIF":5.9,"publicationDate":"2023-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48975141","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-04DOI: 10.1007/s10640-023-00802-5
Zijin Xie, A. Onuma
{"title":"A Bioeconomic Model of Non-profit and For-profit National Parks Integrating Locals in Biodiversity Conservation","authors":"Zijin Xie, A. Onuma","doi":"10.1007/s10640-023-00802-5","DOIUrl":"https://doi.org/10.1007/s10640-023-00802-5","url":null,"abstract":"","PeriodicalId":48299,"journal":{"name":"Environmental & Resource Economics","volume":"86 1","pages":"509 - 532"},"PeriodicalIF":5.9,"publicationDate":"2023-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48212986","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-02DOI: 10.1007/s10640-023-00806-1
Longzhou Wang
{"title":"The Impact of Environmental Regulation on Firms’ Product Quality: Evidence from Chinese Exporters","authors":"Longzhou Wang","doi":"10.1007/s10640-023-00806-1","DOIUrl":"https://doi.org/10.1007/s10640-023-00806-1","url":null,"abstract":"","PeriodicalId":48299,"journal":{"name":"Environmental & Resource Economics","volume":" ","pages":""},"PeriodicalIF":5.9,"publicationDate":"2023-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42433136","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-01DOI: 10.1007/s10640-023-00801-6
Godwin Kwabla Ekpe, Anna A. Klis
{"title":"Spillover Effects in Irrigated Agriculture from the Groundwater Commons","authors":"Godwin Kwabla Ekpe, Anna A. Klis","doi":"10.1007/s10640-023-00801-6","DOIUrl":"https://doi.org/10.1007/s10640-023-00801-6","url":null,"abstract":"","PeriodicalId":48299,"journal":{"name":"Environmental & Resource Economics","volume":" ","pages":""},"PeriodicalIF":5.9,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44126791","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-30DOI: 10.1007/s10640-023-00803-4
Jingnan Chen, M. Fonseca, A. Heyes, Jie Yang, Xiaohui Zhang
{"title":"How Much Will Climate Change Reduce Productivity in a High-Technology Supply Chain? Evidence from Silicon Wafer Manufacturing","authors":"Jingnan Chen, M. Fonseca, A. Heyes, Jie Yang, Xiaohui Zhang","doi":"10.1007/s10640-023-00803-4","DOIUrl":"https://doi.org/10.1007/s10640-023-00803-4","url":null,"abstract":"","PeriodicalId":48299,"journal":{"name":"Environmental & Resource Economics","volume":" ","pages":""},"PeriodicalIF":5.9,"publicationDate":"2023-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44897325","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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