Ecological Economics and the Circular Economy
By Kimberly Burnett, James Roumasset, and Christopher Wada The Circular Economy In 1969, Belgian industrial designers Paul Jorion and Jacques Braijt proposed the circular concept of manufacturing products from recycled materials as opposed to the “linear” concept of producing them from mined or harvested raw materials and discarding the corresponding waste. The idea has gained […]
Read MoreNew Hawai’i Study Examines Dynamics of Electricity Pricing
In a new study titled “Distributional and Welfare Impacts of Dynamic Pricing for Commercial and Industrial Electricity Users: Evidence from Oʻahu, Hawaiʻi,” UHERO Fellow Nori Tarui and UHERO alum Asahi Oshiro explore the consequences of transitioning from constant volumetric pricing with demand charges to dynamic pricing for commercial and industrial (C&I) electricity users. The study, […]
Read MoreEffects of alternative pricing structures on electricity consumption and payments in the commercial and industrial sector
Abstract: We investigate the distributional and welfare impacts when commercial and industrial (C&I) electricity end users face a dynamic pricing structure as opposed to a constant volumetric price with demand charge on individual users’ peak usage. While demand charge does not necessarily reduce the system-wide peak, it often constitutes a large share of C&I users’ […]
Read MoreWhen is economic growth too strong?
By Byron Gangnes To most of us, faster economic growth is a good thing. It reduces unemployment, raises profits and wages, and generates healthier government fiscal situations. (Of course, some might worry about the pressures of rapid growth on the environment.) But the Federal Reserve is concerned that continued strong growth in the US economy […]
Read MoreNew Research Reveals How Homeowners Shape Housing Policies
A recent study, “Homeowner Politics and Housing Supply,” authored by Justin Tyndall and coauthors, offers valuable insights into the relationship between homeowners and city councillors in housing development decisions. Based on data from Toronto, Canada, between 2009 and 2020, the research employs machine learning to analyze housing bills and voting patterns. The authors highlight a […]
Read MoreHomeowner politics and housing supply
Abstract: This paper examines whether homeowner opposition to nearby housing development affects local councillors’ votes on housing bills. Homeowners benefit financially from restricted housing supply through increased housing prices. City councillors, who approve housing development applications, cater to the needs of homeowners who are often long-term resident voters with a financial stake in neighbourhood amenity […]
Read MoreReducing fire risk and restoring value to fallow agricultural lands
This blog was conceived via conversations among UHERO faculty and fellows from diverse backgrounds from environmental economics, ecosystem services, economic diversification, and fire and ecosystems. It is meant to stimulate conversation, research, and action towards pathways to address the critical problem of fire risk from unmanaged grasslands and opportunities to support more generative landscapes. We […]
Read MoreLegacy of Health Across Generations Unveiled in UK Study
In a new publication, “The Intergenerational Transmission of Mental and Physical Health in the United Kingdom,” Tim Halliday and team delve into the intricate web of health outcomes passed down from parents to their adult children. The study, published in Journal of Health Economics, estimates a rank–rank slope in health of 0.17 and an intergenerational […]
Read MoreThe intergenerational transmission of mental and physical health in the United Kingdom
Abstract: As health is increasingly recognized as a key component of human welfare, a new line of research on intergenerational mobility has emerged that focuses on broad measures of health. We extend this research to consider two key components of health: physical health and mental health. We use rich survey data from the United Kingdom linking the […]
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