IDEAS home Printed from https://ideas.repec.org/a/kap/enreec/v79y2021i1d10.1007_s10640-021-00554-0.html
   My bibliography  Save this article

A Machine Learning Analysis of the Recent Environmental and Resource Economics Literature

Author

Listed:
  • Sturla F. Kvamsdal

    (SNF - Centre for Applied Research at NHH)

  • Ivan Belik

    (NHH Norwegian School of Economics)

  • Arnt Ove Hopland

    (NHH Norwegian School of Economics)

  • Yuanhao Li

    (NHH Norwegian School of Economics)

Abstract

We use topic modeling to study research articles in environmental and resource economics journals in the period 2000–2019. Topic modeling based on machine learning allows us to identify and track latent topics in the literature over time and across journals, and further to study the role of different journals in different topics and the changing emphasis on topics in different journals. The most prevalent topics in environmental and resource economics research in this period are growth and sustainable development and theory and methodology. Topics on climate change and energy economics have emerged with the strongest upward trends. When we look at our results across journals, we see that journals have different topical profiles and that many topics mainly appear in one or a few selected journals. Further investigation reveal latent semantic structures across research themes that only the insider would be aware.

Suggested Citation

  • Sturla F. Kvamsdal & Ivan Belik & Arnt Ove Hopland & Yuanhao Li, 2021. "A Machine Learning Analysis of the Recent Environmental and Resource Economics Literature," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 79(1), pages 93-115, May.
  • Handle: RePEc:kap:enreec:v:79:y:2021:i:1:d:10.1007_s10640-021-00554-0
    DOI: 10.1007/s10640-021-00554-0
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10640-021-00554-0
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1007/s10640-021-00554-0?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. von Haefen, Roger H. & Phaneuf, Daniel J., 2008. "Identifying demand parameters in the presence of unobservables: A combined revealed and stated preference approach," Journal of Environmental Economics and Management, Elsevier, vol. 56(1), pages 19-32, July.
    2. A. Brett Hauber & George R. Parsons, 2000. "The Effect of Nesting Structure Specification on Welfare Estimation in a Random Utility Model of Recreation Demand: An Application to the Demand for Recreational Fishing," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(3), pages 501-514.
    3. Mariia Belaia & Michael Funke & Nicole Glanemann, 2017. "Global Warming and a Potential Tipping Point in the Atlantic Thermohaline Circulation: The Role of Risk Aversion," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(1), pages 93-125, May.
    4. Kube, Roland & Löschel, Andreas & Mertens, Henrik & Requate, Till, 2018. "Research trends in environmental and resource economics: Insights from four decades of JEEM," Journal of Environmental Economics and Management, Elsevier, vol. 92(C), pages 433-464.
    5. Martin Weitzman, 2013. "A Precautionary Tale of Uncertain Tail Fattening," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 55(2), pages 159-173, June.
    6. Xin (Shane) Wang & Neil T. Bendle & Feng Mai & June CotteXin, 2015. "The Journal of Consumer Research at 40: A Historical Analysis," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 42(1), pages 5-18.
    7. David R. Just & Richard E. Just, 2016. "Empirical Identification of Behavioral Choice Models under Risk," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 98(4), pages 1181-1194.
    8. Dimitri Zenghelis & Nicholas Stern, 2009. "Principles for a Global Deal for Limiting the Risks from Climate Change," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 43(3), pages 307-311, July.
    9. Haab, T. C., 2003. "Temporal correlation in recreation demand models with limited data," Journal of Environmental Economics and Management, Elsevier, vol. 45(2), pages 195-212, March.
    10. Kuriyama, Koichi & Michael Hanemann, W. & Hilger, James R., 2010. "A latent segmentation approach to a Kuhn-Tucker model: An application to recreation demand," Journal of Environmental Economics and Management, Elsevier, vol. 60(3), pages 209-220, November.
    11. Jonathan Pycroft & Jan Abrell & Juan-Carlos Ciscar, 2016. "The Global Impacts of Extreme Sea-Level Rise: A Comprehensive Economic Assessment," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 64(2), pages 225-253, June.
    12. John Weyant, 2017. "Some Contributions of Integrated Assessment Models of Global Climate Change," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 11(1), pages 115-137.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Robertas Damaševičius, 2023. "Regional Economic Development in the AI Era: Methods, Opportunities, and Challenges," Journal of Regional Economics, Anser Press, vol. 2(2), pages 1-13, October.
    2. Jia, Jun-Jun & Zhu, Mengshu & Wei, Chu, 2022. "Household cooking in the context of carbon neutrality: A machine-learning-based review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 168(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hocheol Jeon & Joseph A. Herriges, 2017. "Combining Revealed Preference Data with Stated Preference Data: A Latent Class Approach," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 68(4), pages 1053-1086, December.
    2. Awaworyi Churchill, Sefa & Inekwe, John & Smyth, Russell & Zhang, Xibin, 2019. "R&D intensity and carbon emissions in the G7: 1870–2014," Energy Economics, Elsevier, vol. 80(C), pages 30-37.
    3. Shiran Victoria Shen, 2021. "Integrating Political Science into Climate Modeling: An Example of Internalizing the Costs of Climate-Induced Violence in the Optimal Management of the Climate," Sustainability, MDPI, vol. 13(19), pages 1-24, September.
    4. Lamperti, Francesco & Bosetti, Valentina & Roventini, Andrea & Tavoni, Massimo & Treibich, Tania, 2021. "Three green financial policies to address climate risks," Journal of Financial Stability, Elsevier, vol. 54(C).
    5. Francesco Lamperti & Giovanni Dosi & Mauro Napoletano & Andrea Roventini & Alessandro Sapio, 2018. "And then he wasn't a she : Climate change and green transitions in an agent-based integrated assessment model," Working Papers hal-03443464, HAL.
    6. Aaron B. Gertz & James B. Davies & Samantha L. Black, 2019. "A CGE Framework for Modeling the Economics of Flooding and Recovery in a Major Urban Area," Risk Analysis, John Wiley & Sons, vol. 39(6), pages 1314-1341, June.
    7. Pamela Katic, 2015. "Groundwater Spatial Dynamics and Endogenous Well Location," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 29(1), pages 181-196, January.
    8. Luca Gerotto & Paolo Pellizzari, 2021. "A replication of Pindyck’s willingness to pay: on the efforts required to obtain results," SN Business & Economics, Springer, vol. 1(5), pages 1-25, May.
    9. Abhishek Borah & Xin (Shane) Wang & Jun Hyun (Joseph) Ryoo, 2018. "Understanding Influence of Marketing Thought on Practice: an Analysis of Business Journals Using Textual and Latent Dirichlet Allocation (LDA) Analysis," Customer Needs and Solutions, Springer;Institute for Sustainable Innovation and Growth (iSIG), vol. 5(3), pages 146-161, December.
    10. Martina Bozzola & Robert Finger, 2021. "Stability of risk attitude, agricultural policies and production shocks: evidence from Italy," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 48(3), pages 477-501.
    11. Dominika Czyz & Karolina Safarzynska, 2023. "Catastrophic Damages and the Optimal Carbon Tax Under Loss Aversion," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 85(2), pages 303-340, June.
    12. Merrick, James H. & Weyant, John P., 2019. "On choosing the resolution of normative models," European Journal of Operational Research, Elsevier, vol. 279(2), pages 511-523.
    13. Nagisa Shiiba & Hide-Fumi Yokoo & Voravee Saengavut & Siraprapa Bumrungkit, 2023. "Ambiguity Aversion And Individual Adaptation To Climate Change: Evidence From A Farmer Survey In Northeastern Thailand," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 14(01), pages 1-29, February.
    14. Dmitriy Volinskiy & Wiktor Adamowicz & Michele Veeman, 2011. "Predicting versus testing: a conditional cross‐forecasting accuracy measure for hypothetical bias," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 55(3), pages 429-450, July.
    15. Phetheet, Jirapat & Hill, Mary C. & Barron, Robert W. & Gray, Benjamin J. & Wu, Hongyu & Amanor-Boadu, Vincent & Heger, Wade & Kisekka, Isaya & Golden, Bill & Rossi, Matthew W., 2021. "Relating agriculture, energy, and water decisions to farm incomes and climate projections using two freeware programs, FEWCalc and DSSAT," Agricultural Systems, Elsevier, vol. 193(C).
    16. Al Khourdajie, Alaa & Finus, Michael, 2020. "Measures to enhance the effectiveness of international climate agreements: The case of border carbon adjustments," European Economic Review, Elsevier, vol. 124(C).
    17. Melstrom, Richard & Lupi, Frank, 2012. "Using a Control Function to Resolve the Travel Cost Endogeneity Problem in Recreation Demand Models," MPRA Paper 48036, University Library of Munich, Germany, revised May 2013.
    18. Karin Brondino-Pompeo, 2021. "Mapping spheres of exchange: a multidimensional approach to commoditization and singularization," AMS Review, Springer;Academy of Marketing Science, vol. 11(1), pages 81-95, June.
    19. Coppens, Léo & Venmans, Frank, 2025. "The welfare properties of climate targets," Ecological Economics, Elsevier, vol. 228(C).
    20. Léo Coppens & Simon Dietz & Frank Venmans, 2024. "Optimal Climate Policy under Exogenous and Endogenous Technical Change: Making Sense of the Different Approaches," CESifo Working Paper Series 11059, CESifo.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:enreec:v:79:y:2021:i:1:d:10.1007_s10640-021-00554-0. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.