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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

Wednesday, March 08, 2023

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CAGE-AMES Workshop - Edoardo Tolva (PGR)
S2.79

Title:  Substitutability Across Modes of Transport: Implications for International Trade

 

Abstract: In this work I study the effect of substitutability of modes of transport in international trade. Firstly, I document European composition of imports and exports flows by mode of transport. I identify two main patterns: (i) on average more than one mode is used on the same route and (ii) the share of value transported by each mode reacts to change in costs. To do so, I use Ukrainian-Russian airspace's closure as a proxy for the increase in transportation costs. I build a Ricardian model of trade with multiple modes of transport that can reproduce these patterns. The model generates a gravity equation in which modes-specific shocks are partially absorbed by changes in the share of value traded with each mode. Finally, I show how this model could be used to study the impact for international trade of a carbon tax on specific transportation sectors.

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