Research
Completed Research
Digging Deep: Modeling Cap and Trade Policies for Groundwater Management
BA Honors Thesis
Abstract: Excessive pumping of groundwater has become a greater issue over the years. Previous economic literature on the topic has resulted in the underestimation of the cost of groundwater pumping due to a lack of integration with an accurate hydrological model. As researchers and policymakers alike have come to understand the large externality posed by over-pumping, various countries and regions with a history of water insecurity have tried implementing mechanisms meant to address this unsustainable overdraft. This paper then aims to comprehensively research the various policies being proposed as well as analyze the different asymmetrical considerations in creating a groundwater market. Furthermore, this paper also introduces a groundwater exchange rate system meant to correct overdraft in the event of asymmetries
Work in progress
Returns To Returning: Returning Migrant Type and Industrial Growth -With Saheel Chodavadia.