ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Please tell follwoing sentence is True or False? Explain in 5-6 sentence only
Chay and Greenstone (2003a) use cross-county differences in changes in pollution induced by the 1981-82 recession to estimate the effect of air pollution on infant mortality.
If counties with big pollution declines also experience dramatic drops in population (because households move to counties with better economic opportunities), relative to counties without pollution declines, this could generate bias in their estimates.
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