The economic effects of improved precipitation forecasts in the United States due to better commuting decisions

2021 ◽  
Author(s):  
Brad Hartman ◽  
Harvey Cutler ◽  
Martin Shields ◽  
Dave Turner
Keyword(s):  
United States ◽  
The United States ◽  
Economic Effects

scholarly journals The Economic Effects of COVID-19 on the Producers of Ethanol, Corn, Gasoline, and Oil

2020 ◽  
Vol 18 (2) ◽  
Author(s):  
Andrew Schmitz ◽  
Charles B. Moss ◽  
Troy G. Schmitz
Keyword(s):  
United States ◽  
Cost Benefit ◽  
Economic Cost ◽  
The United States ◽  
Welfare Economic ◽  
Economic Effects ◽  
Economic Losses ◽  
Corn Ethanol ◽  
Empirical Estimation ◽  
Total Oil

AbstractThe COVID-19 crisis created large economic losses for corn, ethanol, gasoline, and oil producers and refineries both in the United States and worldwide. We extend the theory used by Schmitz, A., C. B. Moss, and T. G. Schmitz. 2007. “Ethanol: No Free Lunch.” Journal of Agricultural & Food Industrial Organization 5 (2): 1–28 as a basis for empirical estimation of the effect of COVID-19. We estimate, within a welfare economic cost-benefit framework that, at a minimum, the producer cost in the United States for these four sectors totals $176.8 billion for 2020. For U.S. oil producers alone, the cost was $151 billion. When world oil is added, the costs are much higher, at $1055.8 billion. The total oil producer cost is $1.03 trillion, which is roughly 40 times the effect on U.S. corn, ethanol, and gasoline producers, and refineries. If the assumed unemployment effects from COVID-19 are taken into account, the total effect, including both producers and unemployed workers, is $212.2 billion, bringing the world total to $1266.9 billion.

Should We Put a Thin Subsidy on the Policy Table in the Fight against Obesity?

2011 ◽  
Vol 14 (2) ◽  
Author(s):  
Grace Lordan ◽  
John Quiggin
Keyword(s):  
United States ◽  
Health Outcomes ◽  
The United States ◽  
Soft Drinks ◽  
Economic Effects ◽  
Sugar Sweetened Beverages ◽  
President Obama ◽  
Sweetened Beverages ◽  
The Relationship ◽  
Artificially Sweetened Beverages

The idea of using 'fat taxes’ to curb obesity rates has been raised by many. In particular, the idea of taxing sugar-sweetened beverages (SSBs) has received considerable attention in the United States and has recently been discussed by President Obama. Rather less attention has been given to the alternative of 'thin subsidies’, that is, subsidies for the consumption of foods or beverages likely to be associated with reduced incidence of obesity. This commentary examines the case for a subsidy for artificially sweetened beverages (ASBs) or 'diet soft drinks’. In this commentary, we outline the evidence on the relationship between health outcomes, most notably obesity, and the consumption of SSBs and ASBs. In the light of the evidence we consider the economic effects of taxing SSBs, and the way in which those effects would be modified by the adoption of the alternative 'thin subsidy’ based on subsidising ASBs.

Free Trade between the United States and Canada: The Potential Economic Effects.

Economica ◽  
1968 ◽  
Vol 35 (140) ◽  
pp. 463
Author(s):  
William J. Woodfine ◽  
Ronald J. Wonnacott ◽  
Paul Wonnacott
Keyword(s):  
United States ◽  
Free Trade ◽  
The United States ◽  
Economic Effects

An Assessment of the Economic Effects of the Menu of U.S. Trade Policies

2005 ◽  
Vol 5 (4) ◽  
pp. 1850070 ◽  
Author(s):  
Kozo Kiyota ◽  
Robert M Stern
Keyword(s):  
United States ◽  
Public Policy ◽  
Free Trade ◽  
The United States ◽  
Welfare Effects ◽  
Economic Effects ◽  
Trade Policies ◽  
Trading System ◽  
Employment Effects ◽  
The U.S

The Michigan Computable General Equilibrium (CGE) Model of World Production and Trade is used to calculate the aggregate welfare and sectoral employment effects of the menu of U.S. trade policies. The menu of policies encompasses the various preferential U.S. bilateral and regional free trade agreements (FTAs) negotiated and in process, unilateral removal of existing trade barriers, and global (multilateral) free trade. The welfare impacts of the FTAs on the United States are shown to be rather small in absolute and relative terms. The sectoral employment effects are also generally small but vary across the individual sectors depending on the patterns of the bilateral liberalization. The welfare effects on the FTA partner countries are mostly positive though generally small, but there are some indications of potentially disruptive employment shifts in some partner countries. There are indications of trade diversion and detrimental welfare effects on nonmember countries for some of the FTAs analyzed. In comparison to the welfare gains from the U.S. FTAs, the gains from both unilateral trade liberalization by the United States and the FTA partners and from global (multilateral) free trade are shown to be rather substantial and more uniformly positive for all countries in the global trading system. The U.S. FTAs are based on “hub” and “spoke” arrangements. It is shown that the spokes emanate out in different and often overlapping directions, suggesting that the complex of bilateral FTAs may create distortions of the global trading system, which could be avoided if multilateral liberalization in the context of the Doha Round were to be carried out. Kozo Kiyota is Associate Professor of International Economics in the Faculty of Business Administration, Yokohama National University. He is also a Research Fellow at the Manufacturing Management Research Center (MMRC), the University of Tokyo and a Faculty Fellow at the Research Institute of Economy, Trade and Industry (RIETI). He received his Ph.D. from Keio University, Tokyo, Japan. His research focuses on empirical microeconomics. He has published articles in the International Journal of Industrial Organization, Journal of Economic Behavior and Organization, and The World Economy. Robert M. Stern is Professor of Economics and Public Policy (Emeritus) in the Department of Economics and Gerald R. Ford School of Public Policy, University of Michigan.

The Americas’ More Perfect Unions: New Institutional Insights from Comparative Political Theory

2014 ◽  
Vol 12 (4) ◽  
pp. 808-828 ◽  
Author(s):  
Joshua Simon
Keyword(s):  
United States ◽  
Latin America ◽  
Political Theory ◽  
The United States ◽  
Economic Effects ◽  
The Political ◽  
Comparative Political Theory ◽  
National Productivity ◽  
Path Dependent ◽  
Comparative Political Science

The disparities in per-capita wealth and national productivity that divide the United States and Latin America today have often been understood as results of institutional variations introduced during each region's period of imperial rule. According to this interpretation, path-dependent processes preserved institutions installed by Britain, Spain, and Portugal across the centuries, propagating their positive or negative economic effects, and eventually producing a marked “development gap” in the hemisphere. This article aims to improve this account by highlighting the direct and indirect economic effects of the success or failure of the political unions establishedafterindependence in both the United States and Latin America. It demonstrates that influential political theorists throughout the hemisphere understood the developmental advantages to be gained from unifying former colonies and employing the political authority newly at their disposal to abolish the stifling institutional legacies of European rule, suggesting that if Spanish America's unions had endured, or conversely, if the United States had collapsed, the two regions' economies might not have diverged as dramatically as they subsequently did. This illustrates an important contribution that the emerging subfield of “comparative political theory” can make to comparative political science in general, and to the new institutionalism in particular, by providing uniquely direct insight into the choices available to political actors in consequential moments of institutional genesis and change, and revealing the contingency of institutional variations that might otherwise appear inevitable.

scholarly journals The economic effects of fracture in the United States

1983 ◽  
Author(s):  
J J Duga ◽  
W H Fisher ◽  
R W Buxbaum ◽  
A R Rosenfield ◽  
A R Buhr ◽  
...  
Keyword(s):  
United States ◽  
The United States ◽  
Economic Effects
Sign in / Sign up

Export Citation Format

Share Document