Economics ETDs
Publication Date
Fall 11-14-2021
Abstract
This dissertation explores three unique topics in development and environmental economics. The first paper looks at the value people place on clean air in Mexico City using an alternative air pollution measure to the typical ground measurement. Research and policy addressing air pollution remains hampered by a lack of ground level air quality data. This study attempts to overcome this issue using aerosol optical depth from satellite imagery as a proxy for air pollution. Using a hedonic framework and least squares estimation, results show that Mexico City residents place a significant value on clean air as demonstrated by their choices of where to live and work.
The second paper focuses on the secondary, unintended consequences of the daylight saving time (DST) policy in Mexico. Shifting the clocks in spring and fall is intended to reduce energy consumption. However, there is growing evidence it is also linked to increased automobile fatalities, homicides, and other negative outcomes. This study uses a regression discontinuity design to exploit the acute shift in time to understand the social cost associated with DST. Results show there to be an increase in fatalities in three areas that potentially outweigh the economic and social savings in energy reduction.
The final paper explores the economic and ecological impacts from different management strategies of the gray wolf in the upper Rocky Mountain region. After a successful reintroduction into the area, three states now independently manage the controversial species. Theoretical optimal control and system dynamics bioeconomic models were developed to determine the steady states for the number of wolves, their management, and corresponding net benefits for Idaho, Montana, Wyoming. The models indicate that there exist beneficial economic and ecological spillover effects to jointly managing wolves in the region.
Degree Name
Economics
Level of Degree
Doctoral
Department Name
Department of Economics
First Committee Member (Chair)
Matias Fontenla
Second Committee Member
Kira Villa
Third Committee Member
Andrew Goodkind
Fourth Committee Member
Fidel Gonzalez
Language
English
Keywords
air pollution, hedonics, daylight saving time, regression discontinuity, optimal control, systems dynamics
Document Type
Dissertation
Recommended Citation
Goodwin, Michael Benjamin. "Three Essays in Development and Environmental Economics." (2021). https://digitalrepository.unm.edu/econ_etds/126