Reductions in greenhouse gas emissions are a global public good, which makes it efficient to act globally when addressing this challenge. We lay out several reasons that high-income countries seeking to mitigate climate change might have greater impact if...

www.aeaweb.org/articles?id=10.1257/jep.37.3.111

Carbon Border Adjustments, Climate Clubs, and Subsidy Races When Climate Policies Vary

[Symposium: International Dimensions of Climate Change Policy]

By Kimberly A. Clausing and Catherine Wolfram

Journal of Economic Perspectives, Summer 2023

Jurisdictions adopt climate policies that vary in terms of both ambition and policy approach, with some pricing carbon and others subsidizing clean production. We distinguish two types of policy spillovers from these diverse approaches. First, when countr...

www.aeaweb.org/articles?id=10.1257/jep.37.3.137

Global Transportation Decarbonization

[Symposium: International Dimensions of Climate Change Policy]

By David Rapson ⓡ Erich Muehlegger

Journal of Economic Perspectives, Summer 2023

Replacing fossil fuels in the name of decarbonization is necessary but will be particularly difficult due to their as-yet unrivaled bundle of attributes: abundance, ubiquity, energy density, transportability and cost. There is a growing commitment to elec...

www.aeaweb.org/articles?id=10.1257/jep.37.3.163

Compensating Wage Differentials in Labor Markets: Empirical Challenges and Applications

By Kurt Lavetti

Journal of Economic Perspectives, Summer 2023

The model of compensating wage differentials is among the cornerstone models of equilibrium wage determination in labor economics. However, empirical estimates of compensating differentials have faced persistent credibility challenges. This article summ...

www.aeaweb.org/articles?id=10.1257/jep.37.3.189

What Can Historically Black Colleges and Universities Teach about Improving Higher Education Outcomes for Black Students?

By Gregory N. Price and Angelino C. G. Viceisza

Journal of Economic Perspectives, Summer 2023

Historically Black colleges and universities are institutions that were established prior to 1964 with the principal mission of educating Black Americans. In this essay, we focus on two main issues. We start by examining how Black College students perform...

www.aeaweb.org/articles?id=10.1257/jep.37.3.213

Recommendations for Further Reading

By Timothy Taylor

Journal of Economic Perspectives, Summer 2023

www.aeaweb.org/articles?id=10.1257/jep.37.3.233

How Far Goods Travel: Global Transport and Supply Chains from 1965–2020

[Symposium: Supply Chains]

By Sharat Ganapati and Woan Foong Wong

Journal of Economic Perspectives, Summer 2023

This paper considers the evolution of global transportation usage over the past half century and its implications for supply chains. Transportation usage has more than doubled as costs decreased by a third. Participation of emerging economies in world tra...

www.aeaweb.org/articles?id=10.1257/jep.37.3.3

The Changing Firm and Country Boundaries of US Manufacturers in Global Value Chains

[Symposium: Supply Chains]

By Teresa C. Fort

Journal of Economic Perspectives, Summer 2023

This paper documents how US firms organize goods production across firm and country boundaries. Most US firms that perform physical transformation tasks in-house using foreign manufacturing plants in 2007 also own US manufacturing plants; moreover, manu...

www.aeaweb.org/articles?id=10.1257/jep.37.3.31

Global Value Chains in Developing Countries: A Relational Perspective from Coffee and Garments

[Symposium: Supply Chains]

By Laura Boudreau, Julia Cajal-Grossi, and Rocco Macchiavello

Journal of Economic Perspectives, Summer 2023

There is a consensus that global value chains have aided developing countries' growth. This essay highlights the governance complexities arising from participating in such chains, drawing from lessons we have learned conducting research in the coffee and ...

www.aeaweb.org/articles?id=10.1257/jep.37.3.59

Are Developed Countries Outsourcing Pollution?

[Symposium: International Dimensions of Climate Change Policy]

By Arik Levinson

Journal of Economic Perspectives, Summer 2023

Have rich countries improved their environments by importing polluting goods? No, the mix of goods imported has shifted towards those from cleaner industries, not dirtier. Has pollution worsened in poor countries manufacturing goods for export to rich one...

www.aeaweb.org/articles?id=10.1257/jep.37.3.87