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Applied Microeconomics

Applied Microeconomics

The Applied Microeconomics research group unites researchers working on a broad array of topics within such areas as labour economics, economics of education, health economics, family economics, urban economics, environmental economics, and the economics of science and innovation. The group operates in close collaboration with the CAGE Research Centre.

The group participates in the CAGE seminar on Applied Economics, which runs weekly on Tuesdays at 2:15pm. Students and faculty members of the group present their ongoing work in two brown bag seminars, held weekly on Tuesdays and Wednesdays at 1pm. Students, in collaboration with faculty members, also organise a bi-weekly reading group in applied econometrics on Thursdays at 1pm. The group organises numerous events throughout the year, including the Research Away Day and several thematic workshops.

Our activities

Work in Progress seminars

Tuesdays and Wednesdays 1-2pm

Students and faculty members of the group present their work in progress in two brown bag seminars. See below for a detailed scheduled of speakers.

Applied Econometrics reading group

Thursdays (bi-weekly) 1-2pm

Organised by students in collaboration with faculty members. See the Events calendar below for further details

People

Academics

Academics associated with the Applied Microeconomics Group are:


Natalia Zinovyeva

Co-ordinator

Jennifer Smith

Deputy Co-ordinator


Events

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Macro/International Economics Seminar - Banu Demir Pakel (Oxford)

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Location: S2.79

Title: Breaking invisible barriers: Does fast internet improve access to input markets? (joint with Beata Javorcik and Piyush Panigrahi)

Abstract: We combine rich data with theory to study how access to fast internet affects firm’s supplier network by facilitating doing business. By augmenting data on the quasi universe of firm-to-firm transactions with the information on the length of fibre optic internet cable in each of 81 province during 2012-2019, a period of large investments in internet infrastructure, we show that buyers increase their purchases from sellers with better internet connectivity. The effects of high-speed internet on buyers’ input purchases are stronger for initially concentrated input markets. Next, we present a tractable model of firm-to-firm connections to recover the key parameter of interest: the elasticity of firm-to-firm trade with respect to internet connectivity. The estimated elasticity is sizable across all sectors. In manufacturing and trade, the elasticity with respect to internet connectivity is of comparable magnitude with the elasticity with respect to travel time.

 

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