Research

Publications

Journal of Environmental Economics and Management, 122: 102874.

中文介绍 (by E3M)

Social Indicators Research,132(1): 517-536. [Pre-doctoral Publication]. Cited by:

Applied Economics Letters, 24(12): 868-877. [Pre-doctoral Publication]

Working Papers

Abstract: Climate adaptation is often implemented by local governments. This paper investigates how the perverse incentive to gain property tax revenue can distort adaptation decisions, and how this inefficiency can be corrected by central governments. I empirically explore this topic in the context of wildfire risk and regulations in California. I utilize a spatial regression discontinuity design around the regulatory boundaries and construct a novel exogenous running variable based on hundreds of millions of 30×30m pixels. I find that significantly fewer houses are built in regulated areas, and this leads to a significant reduction in property tax revenue. The results generally shed light on the challenges of climate adaptation (e.g. managed retreat) where property tax incentives may create inefficient local government policies to correct housing market failures.

Under revision for resubmission at Journal of the Association of Environmental and Resource Economists.

Under revision for resubmission at Journal of Economic Behavior & Organization. 

Work In Progress