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Review of Environmental Economics and Policy Advance Access originally published online on April 9, 2008
Review of Environmental Economics and Policy 2008 2(1):130-145; doi:10.1093/reep/rem029
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© The Author 2008. Published by Oxford University Press on behalf of the Association of Environmental and Resource Economists. All rights reserved. For permissions, please email: journals.permissions@oxfordjournals.org

Reflections on the Literature

V. Kerry Smith*

* W. P. Carey Professor of Economics, Arizona State University, Resources for the Future University Fellow, and research associate, National Bureau of Economic Research

The first 150 words of the full text of this article appear below.


    Introduction
 
Three "Reflections on the Literature" columns written in under a year—wow, I didn't know I had it in me! This was my first thought when I was reminded that a third column was due. I feel like a "virtual blogger." So in that spirit, I decided to look at the two environmental economics blogs that I ask my students to read to see how I might make this third column a little different.1 I found the inspiration I needed in Matt Kahn's postings in November 2006. He suggested in his environmental and urban economics blog that many of the most important questions in environmental economics are empirical; it is through the interaction of theory and what the data "tell us" that we make progress or begin to ask better questions. As a result of Matt's comment, I decided to present some new (and admittedly preliminary) empirical work as part of . . . [Full Text of this Article]


    Choosing Policy Instruments for Kneese and Schultz's Long Haul
 
What Do We Really Know about Learning Curves?
How Should We Expect Incentive-Based Policies to Influence Technical Change?
How Does "War" Relate to All of This?

    Can Technical Change Be "Directed" to Reduce the Cost of Climate Policy?
 

    Summary and Concluding Reflections
 

    Appendix
 

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