On behalf of the Comparative Advantage Editorial Board, we are honored to present the ninth volume, Winter issue, of the Stanford Undergraduate Economics Journal. Continue reading Our Winter 2020-2021 Issue
By Aidan Acosta, Middlebury College
Cap-and-trade has been shown by previous studies to be at least as effective as prescriptive regulation at reducing air pollution. However, regulators must ensure that the dispersion of emissions that is dictated by the market is environmentally just in order for cap-and-trade to be a viable solution. Continue reading BLOG: Cap-and-Trade and Environmental Justice: A Study of California’s RECLAIM Program
By Shreyansh Budhia, The George Washington University
Carbon taxes, or the taxation of greenhouse gas emissions, have been touted as a solution to rein in both climate change and the ballooning U.S. national debt. Carbon tax proposals also maintain many free market principles and have found support even among some fiscal conservatives. Continue reading BLOG: One Solution to Two Problems: Solving Federal Debt and the Climate Problem through a Human-Oriented Carbon Tax
By James Sanders, Christopher Dann, Irene Kyoung, Rafae Qazi, Jintao Zhu, and Yihan Zhu, London School of Economics and Bowdoin College
Our research aims to quantify the impact of protest turnout on legislative change. Specifically, we formulate a two-period model to explain the behaviour of legislators when faced with a variety of protest turnouts and preferences of the median voter. Continue reading Does Protest Turnout Affect Regulatory Policy?: Anti-Nuclear Energy Protests During the 1970s-90s
By Kah Heng Lua, University of Manchester
This study employs a time-series approach to determine the effects of changes in the global West Texas Intermediate and Dubai Fateh crude oil price benchmarks on Malaysia’s GDP and trade. The results indicate that effects from developments in global crude oil prices exist only in the short-run. Continue reading The Effect of Global Crude Oil Prices on Malaysia’s GDP and Trade
By Tyler McNeal. University of Minnesota-Twin Cities.
Recent discussion in literature has focused on levelized costs of energy (LCOE) and using these costs as a benchmark in evaluating the effectiveness of one energy source when compared to another. Continue reading Profile Costs as a Component of Integration Costs in Wind Energy
By Natalie Li and Eva Lin. New York University.
As the most major source of energy, crude oil has a significant impact on political and economic dynamics around the globe. The price of oil, therefore, directly and indirectly affects our daily lives. Continue reading Crude Oil Price: An Indicator of Consumer Spending
By Sam Kurland. Stanford University.
This paper briefly reviews existing literature on social cost estimates for electricity generation in the United States… Continue reading Examining Social Costs of Electricity Generation in the United States
By Abhishek Garg. Stanford University.
The Amazon rainforest is one of the most bio- diverse but also one of the most oil rich places in the world. These two characteristics make policy decisions regarding the forest a dilemma between… Continue reading Oil Development in the Amazon