Tuesday, June 30, 2009

Review of Environmental Economics and Policy and Co-Editing Tasks

On July 1st, Rob Stavins will step down as the editor of REEP. Under his leadership, this journal has gotten off to a great start. Charlie Kolstad will step in as editor and I will co-edit this journal along with Carlo Carraro.

I am looking forward to this new job and hope that I can function well. One's joy in editing a journal hinges on the quality of the submissions.

Do I have any innovative ideas about how I want to co-edit this journal? Maybe. If you have some smart ideas, please get in touch with me about possible topics.

This journal is intended to facilitate communication and research findings with the policy community. I believe that the Journal of Economic Perspectives (but focused on environmental issues) is the vision. Ideally, I would like to see this journal act as glue connecting firms, policy makers and researchers. A firm might have conducted a funky field experiment and may not even be aware that they are sitting on a gold mine of data because of an unintended randomization of some "treatment". By offering a relatively low cost introduction to some serious literatures, this journal could generate more interesting phone calls and "win/wins" between academics and non-academics. I do not simply mean consulting opportunities. More to the point, I mean that there is a productive discussion that can and should be taking place between policy makers , firms, and environmental economists and this journal could productivity encourage this dialogue.

As many of my friends have heard me babble; the first step is for firms and policy makers to admit that they "know that they do not know" certain economic parameters (perhaps demand elasticities for green products) that they wish they did know. This journal may offer some "eye openers" on creative ways that green freakonomicists have attempted to glean new insights. I'm hoping that there are open minded firms and policy makers out there who are willing to explore new ideas and data testing techniques when they smell a possible opportunity. Note, that the policy maker and the firm should pursue this because of their own self interest and not some "higher cause" of furthering basic research.

I'm also interested in data collection in the developing world. I would love to see this journal offer insights to policy makers in the developing world concerning how to design data collection systems to help to create an accountable capitalism that mitigates its pollution effects in the fast growing LDC nations.

These are not my only interests for the journal. I also hope to ghost write long pieces about the history of my own economic thought but I will discuss this some time in the future.

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