We show a substantive problem exists with the widely-used ratio of coefficients approach to calculating willingness to pay (WTP) from discrete choice models. The correctly calculated standard error for WTP using this approach is shown to be undefined. This occurs because the cost parameter's standard error implies some possibility the true parameter value is arbitrarily close to zero. We propose a simple yet elegant way to overcome this problem by reparameterizing the (negative) cost variable's coefficient using an exponential transformation to enforce the theoretically correct positive coefficient. With it the confidence interval for WTP is now finite and well behaved. 相似文献
Environmental appearance of Q1, a natural heptachloro compound with the molecular formula C9H3Cl7N2, was studied in samples from different sites all over the world. Q1 was expected to have a bipyrrole backbone, similar to other compounds ascribed to natural sources. A method for isolation of Q1 was developed by combination of adsorption chromatography on silica and normal phase HPLC with an amino phase. UV-detection of Q1 supports the aromatic character of the compound.
The high levels detected in samples of marine mammals and birds suggested that Q1 is both a persistent and a bioaccumulative contaminant. This was underscored by calculated log KOW in the range of other lipophilic organohalogens. In accordance with earlier studies, highest Q1 concentrations were found in the Southern Hemisphere, but with a highly selective GC/ECNI-MS-SIM method, detection of Q1 was also achieved in many samples from the Northern Hemisphere. In addition to marine mammals and birds, Q1 was also detected in fish from the Mediterranean Sea and the Antarctic. Traces were also detected in SRM 1588 certified cod liver oil, but Q1 was not detected in fish from Hong Kong and Lake Baikal. 相似文献
To overcome adoption barriers and promote battery electric vehicles (BEVs) as an energy efficient consumer transportation option, a number of states offer subsidies to consumers for BEVs. We use a national data set of vehicle registrations and state-level financial incentives to assess the impact of vehicle purchase subsidies on adoption using both difference-in-differences and synthetic controls methods. We find that incentives offered as direct purchase rebates generate increased levels of new BEV registrations at a rate of approximately 8 percent per thousand dollars of incentive offered. Between 2011 and 2015, vehicle rebate incentives are associated with an increase in overall BEV registrations of approximately 11 percent. Our findings indicate incentives offered as state income tax credits do not have a statistically significant effect on BEV adoptions, though we caution this may be a result of limited temporal variation in BEV incentives across our sample. Responses to rebate incentives do not differ significantly by the make of the vehicle purchased (i.e., Tesla and non-Tesla vehicles). We combine our results with recent assessments of marginal environmental costs of electric vehicle charging and measure net welfare effects of BEV subsidy programs. Our analysis indicates these programs are not welfare-improving if only considering benefits associated with avoided emissions. Additional benefits associated with long-term market growth, production cost savings, network externalities, or accelerated innovation could substantially impact the net welfare outcomes. 相似文献