The Impact of Fossil Fuel Prices on Alternative Energy Stocks
By Roman Milioti The purpose of this paper is to determine if fossil fuel price fluctuations can influence the price alternative energy stock valuations. Employing a Lag Augmented VAR analysis, the research analyzes how natural gas and WTI oil prices impact the price of an alternative energy index. The analysis reveals that neither the price […]
The Effect of Federal Regulations on the Outcomes of Auctions for Oil and Gas Leaseholds
By Artur Shikhaleev This thesis attempts to analyze the impact of the differences in regulatory frameworks that govern state-owned and federally-owned lands on the outcomes of auctions for oil and natural gas leaseholds in the state of New Mexico. The analysis tries to isolate the effect of ownership by controlling for auction structure, leasehold characteristics, and […]
The Effects of Global Oil Price on Government Investment the Nigerian Agricultural Sector
By Chuka Obiofuma Nigeria’s heavy dependence on oil makes it a prime target for the resource curse. The occurance of this phenomenon in Nigeria could mean that there is capital flight from the agricultural sectors of the economy when the oil sector increases in profitability. This would disproportionately hurt the poor of Nigeria who depend […]
Optimizing the Electricity Bill Creating a two-part electricity tariffs to induce a targeted level of rooftop solar adoption while meeting utility operating expenses
By Hoel Weisner Renewable energy technologies are a much needed, clean alternative to the conventional fossil fuel electricity power plants of the last century. The market for installing solar panels on rooftops is a highly promising avenue for expanding the use of these technologies, but its profitability depends significantly on the electricity prices offered by […]
Shale Gas Development and Housing Value in the United Kingdom: Impact of the 13th Onshore Licensing, 2008
By Esther Lho While shale gas is a prospective energy source, it is known to bring environmental deficits to the drilling neighborhood. Because of such concerns, property values fluctuate upon the possibility of shale gas fracturing. This paper examines the change in housing prices before and after the release of the 13th onshore oil and […]
Exceeding the Threshold: Analysis of Public Information Transfer using Instrumental Variables
By Gabrielle Inder This paper examines how information transfer about contamination levels found at brownfield sites capitalizes into nearby property values. More specifically, a hedonic model is used to test the impact on housing transaction prices when a binary measure (i.e. exceeding a threshold or not) or a continuous measure (i.e. chemical levels) is used. […]
The Role of Income in Environmental Justice: A National Analysis of Race, Housing Markets, and Air Pollution
By Christopher Brown Historically, evidence has shown that minority populations in the United States suffer a disproportionate burden of pollution compared to whites. This study examines whether this burden could be the result of income disparities between whites and minorities, acting through the housing market. We look at 324 Metropolitan Statistical Areas (MSA’s) in the […]
Race and Pollution Correlation as Predictor of Environmental Injustice
By Marissa Meir Environmental injustice is a theory that claims distributions of toxic, hazardous and dangerous waste facilities are disproportionately located in low-income communities of color. This paper empirically demonstrates an alternative cause of environmental injustice- that low-income minorities are less likely to receive sizeable enough loans to buy a house in a cleaner area. […]
Unitization of Oil Reserves in Alaska and the Supply Elasticity of a Common Pool Resource
By Emily Bailey Unitization, a common but not omnipresent policy that is lauded in both the economics and environmental world for its efficiency, attempts to solve the “tragedy of the commons” common pool failure of oil production by creating a system in which all those with interests in one reserve produce jointly and split profits […]
After the Storm Impacts of natural disasters in the United States at the state and county level
By Danjie Fang Empirical research on the impact of natural disasters on economic growth has provided contradictory results and few studies have focused on the United States. In this thesis, I bridge the gap by examining the merits of existing claims on the relationship between natural disasters and growth at the states and county level […]
