Mark Jacobsen

Mark Jacobsen's initiatives have impacted the field of economics, particularly in understanding the intricate dynamics of environmental regulation and its economic implications. As a professor of economics at the University of California, San Diego, and a research associate at the National Bureau of Economic Research, he has dedicated his career to exploring the economic impact of environmental policies. His work delves into the complexities of gasoline taxes and the broader implications of environmental regulations on transportation. Jacobsen's research is particularly notable for its focus on the Corporate Average Fuel Economy (CAFE) standards, where he has provided critical insights into how these regulations affect gasoline consumption and the automobile industry. By examining the interplay between environmental policies and economic outcomes, he has contributed significantly to the discourse on optimal environmental policy choices. His work not only addresses the immediate effects of such regulations but also considers their long-term impacts on the broader economy. In addition to his focus on transportation, Jacobsen has explored the concept of Ricardian rents and their relevance in the context of environmental regulation. His research extends to the informal sector, where he investigates how environmental policies influence economic activities outside the formal economy. Through his comprehensive analysis, Jacobsen has shed light on the multifaceted nature of environmental regulation and its role in shaping economic landscapes. Jacobsen's contributions to the field are characterized by a rigorous analytical approach and a commitment to advancing our understanding of how environmental policies can be designed to achieve optimal economic and environmental outcomes. His work continues to inform policymakers and scholars alike, providing a foundation for developing strategies that balance economic growth with environmental sustainability.