Essays on economics of poor environment
Guide(s)
Mukherji, Arnab
Department
Public Policy
Area
Public Policy
University
Indian Institute of Management Bangalore
Place
Bangalore
Publication Date
3-31-2023
Year Awarded
March 2023
Year Completed
March 2023
Year Registered
June 2017
Abstract
The advent of environmental degradation due to air and water pollution, the decline in water table, and climate change have necessitated the design of mitigation and adaptation strategies that minimize the risk efficiently. Prior literature in environmental economics provides evidence on the local impact of adaptation and mitigation actions with minimal emphasis on their associated externality and general equilibrium effect. This thesis addresses these gaps in the literature in the following manner. First, I evaluated the non-localized externality of the groundwater regulation which was implemented in Punjab and Haryana. I find that the delay in crop residue burning due to the regulation increased the concentration of PM10 by 22 percent in Delhi. The observed impact is mediated through the change in wind direction and decline in temperature. Second, I analytically show that climate change adaptation in the agriculture sector through the demand of additional inputs impacts the aggregate social welfare. The additional inputs reduce the impact of productivity loss in the agriculture sector due to climate change on the aggregate social welfare. The significance of this thesis is that it informs our theoretical understanding of the general equilibrium effect of adaptation and empirical understanding of the non-localized externality of mitigation actions.
Pagination
xi, 160p.
Copyright
Indian Institute of Management Bangalore
Document Type
Dissertation
DAC Chairperson
Mukherji, Arnab
DAC Members
Dasgupta, Kunal; Sahoo, Soham
Type of Degree
Ph.D.
Recommended Citation
Pal, Soumya, "Essays on economics of poor environment" (2023). Doctoral Dissertations. 32.
https://research.iimb.ac.in/doc_dissertations/32
Relation
DIS-IIMB-FPM-P23-10