Tag Archives: economics

Which Renewable Energy Source Is Best for Citizens’ Well-Being?

For a long time, economists lacked an objective way to measure complicated outcomes like well-being, so this aspect of human life didn’t receive much attention in the economic literature. Heinz Welsch is part of a growing movement in research to use subjective data, such as survey responses, to understand human impacts. In a video for Latest Thinking, Welsch describes his study examining the relationship between type of energy source and citizen well-being, the results of which were published in Land Economics journal.

Heinz Welsch on Electricity Supply and Citizen Well-Being | Latest Thinking

Source: Heinz Welsch on Electricity Supply and Citizen Well-Being | Latest Thinking

The study looked at German citizens’ proximity to solar, wind, and biomass plants. The authors relied on survey responses to find correlations between well-being and the presence of a particular type of power facility in the local area. Welsch and his coauthor Charlotte von Möllendorff found that while the positive financial and moral aspects of solar energy balanced out the negative, “eyesore” qualities of solar installations, resulting in no net impact for citizens, those living near biomass facilities experienced significant decrease in well-being due to the strong odors emitted by the plants. Interestingly, people who had to deal with wind turbines going up in their neighborhoods experienced negative well-being for a certain period following installation, but this changed over time into an overall positive effect.

In the Latest Thinking video, Welsch expresses the hope that his research will aid the many countries that are currently in the process of restructuring their energy supplies in response to climate change. With evidence that certain forms of renewable energy make better neighbors, governments would do well to consider citizen well-being when deciding how to power their futures.

To learn more, read the full article, “Measuring Renewable Energy Externalities: Evidence from Subjective Well-being Data,” in Land Economics.

 

Land Economics Journal Welcomes New Editor

Daniel J. Phaneuf

When Daniel W. Bromley assumed the editorship of Land Economics in 1974, the journal had just celebrated fifty years of continuous publication. Bromley is the Anderson-Bascom Professor (Emeritus) of Applied Economics at the University of Wisconsin–Madison and recipient of the 2011 Reimar Lüst Prize from the Alexander von Humboldt Foundation. Under Bromley’s leadership, the journal has flourished as a forum for scholarship on the economic aspects of natural and environmental resources. Now, forty-four years later, as Land Economics approaches its centennial, Bromley will pass the baton to Daniel J. Phaneuf.

Phaneuf is the Henry C. Taylor Professor of Agricultural and Applied Economics at the University of Wisconsin–Madison. He boasts an impressive editorial resume, having served as the inaugural editor in chief of the Journal of the Association of Environmental and Resource Economists (JAERE) and the managing editor of the Journal of Environmental Economics and Management. He is the president-elect of the Association of Environmental and Resource Economists.

In his first “From the Editor” feature, which will appear in Land Economics volume 94 number 3 this July, Phaneuf expresses the ambition “to maintain the journal’s emphasis on empirical and pol­icy-relevant research in the field, while con­tinuing to expand its readership and author community to include broader swaths of re­searchers in the profession.” He continues, “My early emphasis will be on increasing the journal’s visibility, circulation, and overall impact—tasks for which I will call on current authors, readers, and reviewers for assistance and sug­gestions.” Phaneuf notes that he does not anticipate making any changes in the journal’s scholarly focus or the way it is managed.

Land Economics was established in 1925 by Richard T. Ely, founder of the American Economic Association, at the University of Wisconsin. (For more on Ely’s legacy, including the story of how he was tried as a socialist and anarchist in 1894, leading the UW Board of Regents to issue a groundbreaking defense of academic freedom, see this article.) Today, the articles in Land Economics contribute crucial knowledge to discussions of scholarly and public policy topics. The journal publishes research related to environmental quality, natural resources, housing, urban and rural land use, transportation, and other areas in both developed and developing country contexts.

Journal of Human Resources contributes to public policy debates

With this post, we launch an occasional series highlighting the University of Wisconsin Press journals program. UWP began publishing journals in the 1960s.

The Journal of Human Resourcescover_jhr is among the most important journals in the field of microeconomics, with research relevant not only to scholars but to current debates in public policy. Findings and analysis published in JHR are often covered by major news organizations, including the New York Times, Washington Post, Huffington Post, NBC’s Today Show, CNBC, and National Public Radio. The journal’s scope includes the economics of labor, development, health, education, discrimination, and retirement.

Founded in 1965 at the University of Wisconsin–Madison, JHR continues to be housed within the Institute for Research on Poverty. JHR has had many accomplished editors over the years, including Sandra Black, who was appointed to President Barack Obama’s Council of Economic Advisors in July 2015. The current editor, David Figlio, is the director of the Institute for Policy Research at Northwestern University.

A past JHR contributor of particular interest to the University of Wisconsin–Madison is the current UW Chancellor, Rebecca Blank. Her work on poverty and public assistance programs appeared in four articles in JHR before she became Deputy and Acting Secretary of Commerce in the Obama administration.

Intriguing examples of research presented in JHR can be seen in two upcoming articles. The first, “It’s Just a Game: The Super Bowl and Low Birth Weight” by Duncan, Mansour, and Rees, interprets data from 1969 to 2004 for mothers whose home team played in the Super Bowl. Read the Washington Post’s coverage here. “The 9/11 Dust Cloud and Pregnancy Outcomes” by Currie and Schwandt also examines birth outcomes, in this case in relation to the events of 9/11. Their findings were recently cited by National Geographic.

Other topics recently covered in JHR included the effect of birth order on the development of a child, the unintended consequences of China’s One-Child policy, the influence of school nutrition programs on childhood obesity, the effects of age on hiring practices, and the effect of the minimum wage on employment practices.

Learn more about The Journal of Human Resources.

View a free online sample issue.