Research Library

Media stories have raised concerns about Florida’s expansion of advanced trauma centers, with newly designated centers charging high trauma activation fees for relatively minor injuries, and Texas has experienced similar expansion in the last decade. In a new working paper, Chair in Health Economics Vivian Ho and her co-authors study the association between trauma center upgrades and patient outcomes — examining Texas commercial claims to track changes in spending, mortality, and readmissions of trauma patients

A working group led by the Baker Institute has developed an innovative measurement-based standard — “BCarbon” — for removing carbon dioxide from the atmosphere and storing it in the soil as organic carbon. BCarbon is a scalable soil carbon storage standard designed to work for landowners and soil carbon storage buyers. The proposed standard allows landowners to monetize soil carbon storage as a property right.

Despite its massive geological endowment and receiving what could be considered the largest windfall in its economic history, Venezuela entered 2020 in the middle of an unprecedented economic crisis. The Covid-19 pandemic and turbulence in oil markets represent the latest in a string of problems that expose the country’s vulnerability.

Governments in the Gulf Cooperation Council have used oil revenues to provide infrastructure to promote welfare, such as health care, education and public sector jobs, writes the author. This working paper is part of a series titled “The Role of Foreign Direct Investment in Resource-Rich Regions.”

The unfettered development of Houston's flood-prone areas undoubtedly magnified the tremendous damage caused by Hurricane Harvey, but zoning or other land use controls are unpopular on the Texas coast and are unlikely to be adopted as a result. With this in mind, the SSPEED Center at Rice University looked to innovation and the market system to find a creative solution to protect important natural, flood-prone areas from further development. 

Special drawing rights (SDRs) should become a more relevant instrument of international monetary cooperation. This requires transforming them into a pure reserve asset and the International Monetary Fund into a fully SDR-funded institution.