The prevalence of fixed prices can explain the low adoption of efficient irrigation technology, but incentivising farmers to convert to marginal pricing does not reduce water usage
Air pollution in China has significant negative effects on mortality and morbidity in South Korea, and accounting for this amplifies the overall benefits of environmental regulation
Expanding electricity transmission lines reduces regional price disparities in electricity, boosts renewable energy, and lowers the overall cost of electricity
The collapse of vulture populations in India due to accidental poisoning prevented the scavenging of carcasses, worsening sanitation, and thus increasing human mortality
Rising temperatures reduce the proportion of workers in non-agricultural activities and inhibit structural transformation, with effects intensifying in the long run