Pub Date : 2022-05-13DOI: 10.1146/annurev-resource-111920-022328
Lori S. Bennear
Addressing climate change will require significant reductions in carbon emissions. Decarbonization will likely lead to increases in energy prices, which are regressive. Poorer households spend a higher percentage of income on energy and also have less access to energy efficient options in housing, transportation (including electric vehicles), and household durables. This review summarizes the state of knowledge on the energy justice implications of the clean energy transformation along four dimensions—production of energy, energy insecurity/energy poverty, access to clean energy technologies, and impacts of policy instrument choices for achieving decarbonization. Along each dimension there is evidence of greater negative impacts on lower-income households and on Black, Indigenous, and people of color (BIPOC) households, even controlling for income. But there is also evidence that these impacts can be mitigated through policy choices. Together these findings highlight that centering justice concerns in policy debates is critical for a just and clean energy transformation. Expected final online publication date for the Annual Review of Resource Economics, Volume 14 is October 2022. Please see http://www.annualreviews.org/page/journal/pubdates for revised estimates.
{"title":"Energy Justice, Decarbonization, and the Clean Energy Transformation","authors":"Lori S. Bennear","doi":"10.1146/annurev-resource-111920-022328","DOIUrl":"https://doi.org/10.1146/annurev-resource-111920-022328","url":null,"abstract":"Addressing climate change will require significant reductions in carbon emissions. Decarbonization will likely lead to increases in energy prices, which are regressive. Poorer households spend a higher percentage of income on energy and also have less access to energy efficient options in housing, transportation (including electric vehicles), and household durables. This review summarizes the state of knowledge on the energy justice implications of the clean energy transformation along four dimensions—production of energy, energy insecurity/energy poverty, access to clean energy technologies, and impacts of policy instrument choices for achieving decarbonization. Along each dimension there is evidence of greater negative impacts on lower-income households and on Black, Indigenous, and people of color (BIPOC) households, even controlling for income. But there is also evidence that these impacts can be mitigated through policy choices. Together these findings highlight that centering justice concerns in policy debates is critical for a just and clean energy transformation. Expected final online publication date for the Annual Review of Resource Economics, Volume 14 is October 2022. Please see http://www.annualreviews.org/page/journal/pubdates for revised estimates.","PeriodicalId":48856,"journal":{"name":"Annual Review of Resource Economics","volume":"297 1","pages":""},"PeriodicalIF":5.8,"publicationDate":"2022-05-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89007178","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-05-13DOI: 10.1146/annurev-resource-111220-014147
B. Kramer, P. Hazell, H. Alderman, F. Ceballos, Neha Kumar, A. Timu
Innovations in agricultural index insurance have raised expectations that the private sector can overcome shortcomings associated with more traditional indemnity-based products like multiperil crop insurance and strengthen agricultural risk management at scale across developing countries. This article updates previous reviews on agricultural insurance but differs in that it goes beyond the prognosis that recent innovations can help make insurance more commercially viable. As such, it addresses two important challenges that have received limited attention. First, it distinguishes different types of farm households and recognizes that many are excluded from the insurance market, describing additional innovations that can help make insurance more accessible to these excluded groups. Second, it acknowledges that insurance for catastrophic risks is unaffordable for most farmers and summarizes new developments in disaster assistance and safety net programs that can provide broader protection against these risks. The review concludes that cost-benefit analyses of subsidized insurance programs will be crucial for guiding public spending decisions. Expected final online publication date for the Annual Review of Resource Economics, Volume 14 is October 2022. Please see http://www.annualreviews.org/page/journal/pubdates for revised estimates.
{"title":"Is Agricultural Insurance Fulfilling its Promise for the Developing World? A Review of Recent Evidence","authors":"B. Kramer, P. Hazell, H. Alderman, F. Ceballos, Neha Kumar, A. Timu","doi":"10.1146/annurev-resource-111220-014147","DOIUrl":"https://doi.org/10.1146/annurev-resource-111220-014147","url":null,"abstract":"Innovations in agricultural index insurance have raised expectations that the private sector can overcome shortcomings associated with more traditional indemnity-based products like multiperil crop insurance and strengthen agricultural risk management at scale across developing countries. This article updates previous reviews on agricultural insurance but differs in that it goes beyond the prognosis that recent innovations can help make insurance more commercially viable. As such, it addresses two important challenges that have received limited attention. First, it distinguishes different types of farm households and recognizes that many are excluded from the insurance market, describing additional innovations that can help make insurance more accessible to these excluded groups. Second, it acknowledges that insurance for catastrophic risks is unaffordable for most farmers and summarizes new developments in disaster assistance and safety net programs that can provide broader protection against these risks. The review concludes that cost-benefit analyses of subsidized insurance programs will be crucial for guiding public spending decisions. Expected final online publication date for the Annual Review of Resource Economics, Volume 14 is October 2022. Please see http://www.annualreviews.org/page/journal/pubdates for revised estimates.","PeriodicalId":48856,"journal":{"name":"Annual Review of Resource Economics","volume":"66 1","pages":""},"PeriodicalIF":5.8,"publicationDate":"2022-05-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80227208","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-05-05DOI: 10.1146/annurev-resource-111820-033252
Klaus Deininger, Songqing Jin, Meilin Ma
Movement of labor from agriculture to nonagriculture and the associated increase in farm size through structural transformation are at the core of economic development. We conduct a comprehensive review of the literature exploring the causes and consequences of the transformation. We discuss ( a) the size and determinants for the persisting wage gap between agriculture and nonagriculture, ( b) policy-induced barriers to structural changes, ( c) the role of trade costs and technical change in shaping the nature of structural transformation and comparative advantage of regions, and ( d) how the overall development of an economy affects the relationship between farm size and farm productivity and hence changes competitiveness of different scales of farms. We also identify questions for policy and research and the ways in which new sources and interoperability of data can help answer these questions.
{"title":"Structural Transformation of the Agricultural Sector In Low- and Middle-Income Economies","authors":"Klaus Deininger, Songqing Jin, Meilin Ma","doi":"10.1146/annurev-resource-111820-033252","DOIUrl":"https://doi.org/10.1146/annurev-resource-111820-033252","url":null,"abstract":"Movement of labor from agriculture to nonagriculture and the associated increase in farm size through structural transformation are at the core of economic development. We conduct a comprehensive review of the literature exploring the causes and consequences of the transformation. We discuss ( a) the size and determinants for the persisting wage gap between agriculture and nonagriculture, ( b) policy-induced barriers to structural changes, ( c) the role of trade costs and technical change in shaping the nature of structural transformation and comparative advantage of regions, and ( d) how the overall development of an economy affects the relationship between farm size and farm productivity and hence changes competitiveness of different scales of farms. We also identify questions for policy and research and the ways in which new sources and interoperability of data can help answer these questions.","PeriodicalId":48856,"journal":{"name":"Annual Review of Resource Economics","volume":"20 1","pages":""},"PeriodicalIF":5.8,"publicationDate":"2022-05-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138507972","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-04-28DOI: 10.1146/annurev-resource-111920-014135
Nick Vink, Beatrice Conradie, Nicolette Matthews
Accurate measures of productivity growth are an important policy tool but are difficult to obtain in South African circumstances. In this article, we review work on the measurement of farm-level productivity in South Africa since the earliest attempts at multifactor indices in the early 1990s. The focus is on total factor productivity, but single input measures such as labor and land productivity (yields) are also discussed. Measurements using time-series and cross-sectional data are discussed separately, along with measures to explain the effect of climate change. Data deficiencies are also pointed out. The article concludes that international collaboration should be maintained if important issues such as the COVID-19 impact, food security, climate change, and labor market shocks are to be successfully addressed.
{"title":"The Economics of Agricultural Productivity in South Africa","authors":"Nick Vink, Beatrice Conradie, Nicolette Matthews","doi":"10.1146/annurev-resource-111920-014135","DOIUrl":"https://doi.org/10.1146/annurev-resource-111920-014135","url":null,"abstract":"Accurate measures of productivity growth are an important policy tool but are difficult to obtain in South African circumstances. In this article, we review work on the measurement of farm-level productivity in South Africa since the earliest attempts at multifactor indices in the early 1990s. The focus is on total factor productivity, but single input measures such as labor and land productivity (yields) are also discussed. Measurements using time-series and cross-sectional data are discussed separately, along with measures to explain the effect of climate change. Data deficiencies are also pointed out. The article concludes that international collaboration should be maintained if important issues such as the COVID-19 impact, food security, climate change, and labor market shocks are to be successfully addressed.","PeriodicalId":48856,"journal":{"name":"Annual Review of Resource Economics","volume":"19 4-5","pages":""},"PeriodicalIF":5.8,"publicationDate":"2022-04-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138507974","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-04-26DOI: 10.1146/annurev-resource-111920-020235
Kathleen Segerson
Group incentives can and have been used to address a range of environmental and resource problems. These schemes base individual penalties and/or rewards on the performance of a group of individuals or firms who contribute to the environmental or resource problem. The economics literature on team incentives and public goods, as well as the literature specifically on environmental and natural resource management, provides insights into the design of group incentives. This article reviews the literature on group incentives in the context of environmental protection and natural resource policy. This literature suggests that group incentives can be effective and even efficient as environmental policy tools. However, the outcomes under group incentives will likely depend on a combination of the policy design and the nature of the internal group interactions. Within-group interactions are likely to be particularly important when policies involve thresholds so that coordination is needed to reach a cooperative equilibrium.
{"title":"Group Incentives for Environmental Protection and Natural Resource Management","authors":"Kathleen Segerson","doi":"10.1146/annurev-resource-111920-020235","DOIUrl":"https://doi.org/10.1146/annurev-resource-111920-020235","url":null,"abstract":"Group incentives can and have been used to address a range of environmental and resource problems. These schemes base individual penalties and/or rewards on the performance of a group of individuals or firms who contribute to the environmental or resource problem. The economics literature on team incentives and public goods, as well as the literature specifically on environmental and natural resource management, provides insights into the design of group incentives. This article reviews the literature on group incentives in the context of environmental protection and natural resource policy. This literature suggests that group incentives can be effective and even efficient as environmental policy tools. However, the outcomes under group incentives will likely depend on a combination of the policy design and the nature of the internal group interactions. Within-group interactions are likely to be particularly important when policies involve thresholds so that coordination is needed to reach a cooperative equilibrium.","PeriodicalId":48856,"journal":{"name":"Annual Review of Resource Economics","volume":"19 6","pages":""},"PeriodicalIF":5.8,"publicationDate":"2022-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138507973","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-04-25DOI: 10.1146/annurev-resource-111820-032340
Martin C. Parlasca, Matin Qaim
Meat has become a controversial topic in public debates, as it involves multiple sustainability dimensions. Here, we review global meat consumption trends and the various sustainability dimensions involved, including economic, social, environmental, health, and animal welfare issues. Meat has much larger environmental and climate footprints than plant-based foods and can also be associated with negative health effects. Technological options can help to increase the sustainability of meat production, but changes in consumption are required as well. At least in high-income countries, where people consume a lot of meat on average, notable reductions will be important. However, vegetarian lifestyles for all would not necessarily be the best option. Especially in low-income countries, nutritious plant-based foods are not available or affordable year-round. Also, livestock production is an important source of income for many poor households. More research is needed on how to promote technological and behavioral changes while managing sustainability trade-offs.
{"title":"Meat Consumption and Sustainability","authors":"Martin C. Parlasca, Matin Qaim","doi":"10.1146/annurev-resource-111820-032340","DOIUrl":"https://doi.org/10.1146/annurev-resource-111820-032340","url":null,"abstract":"Meat has become a controversial topic in public debates, as it involves multiple sustainability dimensions. Here, we review global meat consumption trends and the various sustainability dimensions involved, including economic, social, environmental, health, and animal welfare issues. Meat has much larger environmental and climate footprints than plant-based foods and can also be associated with negative health effects. Technological options can help to increase the sustainability of meat production, but changes in consumption are required as well. At least in high-income countries, where people consume a lot of meat on average, notable reductions will be important. However, vegetarian lifestyles for all would not necessarily be the best option. Especially in low-income countries, nutritious plant-based foods are not available or affordable year-round. Also, livestock production is an important source of income for many poor households. More research is needed on how to promote technological and behavioral changes while managing sustainability trade-offs.","PeriodicalId":48856,"journal":{"name":"Annual Review of Resource Economics","volume":"22 6","pages":""},"PeriodicalIF":5.8,"publicationDate":"2022-04-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138507970","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-04-01DOI: 10.1146/annurev-resource-111820-024214
Nicole Nova, Tejas S. Athni, Marissa L. Childs, Lisa Mandle, Erin A. Mordecai
Our world is undergoing rapid planetary changes driven by human activities, often mediated by economic incentives and resource management, affecting all life on Earth. Concurrently, many infectious diseases have recently emerged or spread into new populations. Mounting evidence suggests that global change—including climate change, land-use change, urbanization, and global movement of individuals, species, and goods—may be accelerating disease emergence by reshaping ecological systems in concert with socioeconomic factors. Here, we review insights, approaches, and mechanisms by which global change drives disease emergence from a disease ecology perspective. We aim to spur more interdisciplinary collaboration with economists and identification of more effective and sustainable interventions to prevent disease emergence. While almost all infectious diseases change in response to global change, the mechanisms and directions of these effects are system specific, requiring new, integrated approaches to disease control that recognize linkages between environmental and economic sustainability and human and planetary health.
{"title":"Global Change and Emerging Infectious Diseases","authors":"Nicole Nova, Tejas S. Athni, Marissa L. Childs, Lisa Mandle, Erin A. Mordecai","doi":"10.1146/annurev-resource-111820-024214","DOIUrl":"https://doi.org/10.1146/annurev-resource-111820-024214","url":null,"abstract":"Our world is undergoing rapid planetary changes driven by human activities, often mediated by economic incentives and resource management, affecting all life on Earth. Concurrently, many infectious diseases have recently emerged or spread into new populations. Mounting evidence suggests that global change—including climate change, land-use change, urbanization, and global movement of individuals, species, and goods—may be accelerating disease emergence by reshaping ecological systems in concert with socioeconomic factors. Here, we review insights, approaches, and mechanisms by which global change drives disease emergence from a disease ecology perspective. We aim to spur more interdisciplinary collaboration with economists and identification of more effective and sustainable interventions to prevent disease emergence. While almost all infectious diseases change in response to global change, the mechanisms and directions of these effects are system specific, requiring new, integrated approaches to disease control that recognize linkages between environmental and economic sustainability and human and planetary health.","PeriodicalId":48856,"journal":{"name":"Annual Review of Resource Economics","volume":"16 2","pages":""},"PeriodicalIF":5.8,"publicationDate":"2022-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138507981","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-03-18DOI: 10.1146/annurev-resource-111220-025657
T.S. Jayne, Ayala Wineman, Jordan Chamberlin, Milu Muyanga, Felix Kwame Yeboah
We review the literature on the distribution of farm sizes in sub-Saharan Africa, trends over time, drivers of change in farm structure, and effects on agricultural transformation and present new evidence for seven countries. While it is widely viewed that African agriculture is dominated by small-scale farms, we show that medium-scale farms of 5 to 100 hectares are a nontrivial—and rapidly expanding—force that is influencing the nature and pace of food systems transformation in Africa. The increased prevalence of medium-scale holdings is associated with farm labor productivity growth and underappreciated benefits to smallholder farmers. However, the rise of African investor farmers is also contributing to the commodification of land, escalating land prices, and restricted land access for most local people. A better understanding of these trends and linkages, which requires new data collection activities, could help resolve long-standing policy debates and support strategies that accelerate agricultural transformation.
{"title":"Changing Farm Size Distributions and Agricultural Transformation in Sub-Saharan Africa","authors":"T.S. Jayne, Ayala Wineman, Jordan Chamberlin, Milu Muyanga, Felix Kwame Yeboah","doi":"10.1146/annurev-resource-111220-025657","DOIUrl":"https://doi.org/10.1146/annurev-resource-111220-025657","url":null,"abstract":"We review the literature on the distribution of farm sizes in sub-Saharan Africa, trends over time, drivers of change in farm structure, and effects on agricultural transformation and present new evidence for seven countries. While it is widely viewed that African agriculture is dominated by small-scale farms, we show that medium-scale farms of 5 to 100 hectares are a nontrivial—and rapidly expanding—force that is influencing the nature and pace of food systems transformation in Africa. The increased prevalence of medium-scale holdings is associated with farm labor productivity growth and underappreciated benefits to smallholder farmers. However, the rise of African investor farmers is also contributing to the commodification of land, escalating land prices, and restricted land access for most local people. A better understanding of these trends and linkages, which requires new data collection activities, could help resolve long-standing policy debates and support strategies that accelerate agricultural transformation.","PeriodicalId":48856,"journal":{"name":"Annual Review of Resource Economics","volume":"20 5","pages":""},"PeriodicalIF":5.8,"publicationDate":"2022-03-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138507971","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-09DOI: 10.1146/annurev-resource-111820-024652
H. Albers, Madison Ashworth
Marine protected areas (MPAs) provide both conservation and economic benefits. Recent international conservation actors have called for a dramatic increase in the area of MPAs from almost 8% to 30% of marine area by 2030 in a policy called 30X30. Both the economics and conservation science literatures consider MPA decisions and MPA impact, although the economics literature focuses on fishery economic outcomes. This review uses an optimization framework for MPA decisions as a lens through which to evaluate the economics literature on MPAs in the context of the 30X30 expansion decisions. We argue for more economic analysis of MPA policy questions, including those around siting, design, restrictions, and management choices; impact evaluation; responses of people; low-income country settings and incomplete enforcement; spatial settings without metapopulations; and conservation rather than harvest objectives. Expected final online publication date for the Annual Review of Resource Economics, Volume 14 is October 2022. Please see http://www.annualreviews.org/page/journal/pubdates for revised estimates.
{"title":"Economics of Marine Protected Areas: Assessing the Literature for Marine Protected Area Network Expansions","authors":"H. Albers, Madison Ashworth","doi":"10.1146/annurev-resource-111820-024652","DOIUrl":"https://doi.org/10.1146/annurev-resource-111820-024652","url":null,"abstract":"Marine protected areas (MPAs) provide both conservation and economic benefits. Recent international conservation actors have called for a dramatic increase in the area of MPAs from almost 8% to 30% of marine area by 2030 in a policy called 30X30. Both the economics and conservation science literatures consider MPA decisions and MPA impact, although the economics literature focuses on fishery economic outcomes. This review uses an optimization framework for MPA decisions as a lens through which to evaluate the economics literature on MPAs in the context of the 30X30 expansion decisions. We argue for more economic analysis of MPA policy questions, including those around siting, design, restrictions, and management choices; impact evaluation; responses of people; low-income country settings and incomplete enforcement; spatial settings without metapopulations; and conservation rather than harvest objectives. Expected final online publication date for the Annual Review of Resource Economics, Volume 14 is October 2022. Please see http://www.annualreviews.org/page/journal/pubdates for revised estimates.","PeriodicalId":48856,"journal":{"name":"Annual Review of Resource Economics","volume":"52 1","pages":""},"PeriodicalIF":5.8,"publicationDate":"2022-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84682862","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-21DOI: 10.1146/annurev-resource-111820-022834
Tamara L. Sheldon
In this article, I review the academic literature on the economics of plug-in electric vehicles (PEVs), with a focus on PEV policy, benefits, and equity. PEVs are one of the most promising technologies for decarbonizing the transportation sector. As such, many government policies exist to promote their adoption. Understanding the effectiveness and equity of existing policies, what the realized environmental benefits are, and how these benefits compare to costs is crucial to improving future PEV policy. This review suggests that consumer PEV subsidies are not cost-effective and are often expensive relative to estimated environmental benefits. Furthermore, higher-income households who make up a larger share of the PEV market receive both a disproportionate amount of government subsidies as well as PEV benefits. There is considerable room for policy improvement. Expected final online publication date for the Annual Review of Resource Economics, Volume 14 is October 2022. Please see http://www.annualreviews.org/page/journal/pubdates for revised estimates.
{"title":"Evaluating Electric Vehicle Policy Effectiveness and Equity","authors":"Tamara L. Sheldon","doi":"10.1146/annurev-resource-111820-022834","DOIUrl":"https://doi.org/10.1146/annurev-resource-111820-022834","url":null,"abstract":"In this article, I review the academic literature on the economics of plug-in electric vehicles (PEVs), with a focus on PEV policy, benefits, and equity. PEVs are one of the most promising technologies for decarbonizing the transportation sector. As such, many government policies exist to promote their adoption. Understanding the effectiveness and equity of existing policies, what the realized environmental benefits are, and how these benefits compare to costs is crucial to improving future PEV policy. This review suggests that consumer PEV subsidies are not cost-effective and are often expensive relative to estimated environmental benefits. Furthermore, higher-income households who make up a larger share of the PEV market receive both a disproportionate amount of government subsidies as well as PEV benefits. There is considerable room for policy improvement. Expected final online publication date for the Annual Review of Resource Economics, Volume 14 is October 2022. Please see http://www.annualreviews.org/page/journal/pubdates for revised estimates.","PeriodicalId":48856,"journal":{"name":"Annual Review of Resource Economics","volume":"1 1","pages":""},"PeriodicalIF":5.8,"publicationDate":"2022-01-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88787564","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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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