OxCARRE Seminars this term

Trinity Term 2016

OxCarre Seminar Series

***Tuesdays at 14.30hrs***

Seminar Room C

Manor Road Building, Manor Road

3 May – 2.30pm Seminar Room C

Speaker: Paul Scott (University of Toulouse)

Title: Dynamic Discrete Choice Estimation of Agricultural Land Use

17 May  -2.30pm Seminar Room C

Speaker:  Pramila Krishnan (Cambridge)

Title:  The Natural Resource Curse Revisited: Theory and evidence from India

31 May – 2 seminars

**1.00pm  - Seminar Room D

Speaker:  Nicolas Merener (Universidad Torcuato Di Tella, Buenos Aires)

Title: Output Value Risk for Commodity Producers: the Uncertain Benefits of Diversification

**5.30pm – Seminar Room A

Speaker:  Joseph Aldy (Harvard)

Title: TBC

14 June – 2.30pm Seminar Room C

Speaker:  Martin Weitzman (Harvard)

Title: Can Negotiating a Uniform Carbon Price Help to Internalize the Global Warming Externality?

See further at the OxCARRE website

OxCARRE Seminars this term

See also the OxCARRE website

Hilary Term 2016

OxCarre Seminar Series

Tuesdays at ***14.30hrs***

(unless otherwise stated*)

Seminar Room C,

Manor Road Building (Second Floor), Manor Road, Oxford OX1 3UQ

 

***Seminars will now take place at 14.30hrs
 

 26 January

Speaker:  Reed Walker (University of California, Berkeley)
Title:  TBC
  

2 February  - 3.00pm at Institute for New Economic Thinking, Eagle House, Walton Well Road, Oxford.   – this seminar is being held jointly with INET. 

Speaker:  Luca Taschini (Grantham Institute, LSE)
Title: Carbon Dating: When is it beneficial to link ETSs?

9 February 

Speaker:  Antoine Dechezleprêtre (LSE)
Title:  TBC

 

1 March

Speaker: Sweder van Wijnbergen (University of Amsterdam)
Title: TBA

 

8 March

Speaker: Kyle Meng (Univeristy of California, Santa Barbara)
Title:  Global Trade and Risk Sharing in a Spatially Correlated Climate

 

 

 

OxCarre  Lunchtime Seminar Series

Wednesdays at 12noon

(unless otherwise stated*)

Seminar Room D,

Manor Road Building (Second Floor), Manor Road, Oxford OX1 3UQ

 

3 February

Speaker: Jim Cust (NRGI)
Title: Common Pool Resources Across National Borders

17 February

Speaker: Tara Iyer (OxCarre)
Title: Factor Mobility and Optimal Monetary Policy in Commodity-Exporting Economies

24 February

Speaker:  Rick van der Ploeg (OxCarre)
Title:  The Shifting Frontier of Natural Resources

2 March

Speaker: Alex Schmitt (CESifo)
Title: TBC

9 March

Speaker: Gerhard Toews (OxCarre)
Title: TBC

OxCARRE Seminars

The seminars of OxCARRE during the coming term will be can be found here.

OxCarre Seminar Series

Tuesdays at ***14.30hrs***

(unless otherwise stated*)

Seminar Room C,

Manor Road Building (Second Floor), Manor Road, Oxford OX1 3UQ

20 October– 2 seminars:

2.30pm, Seminar Room C
Speaker:  Erwin Bulte (Wageningen University)
Title:  TBA

 

5.30pm, Seminar Room A

Speaker:  Ian Lange (Colorado School of Mines)

Title: TBA

 

3 November– 2 seminars:   

2.30pm, Seminar Room C

Speaker:  Ragnar Torvik (NTNU)

Title:  TBA

 

5.30pm, Seminar Room A

Speaker:  Meredith Fowlie (University of California, Berkeley)

Title:  TBA

 

24 November

Speaker: Dominic Rohner (University of Lausanne)

Title: TBA

 

1 December

Speaker: Radek Stefanski (University of St Andrews)

Title:  TBA

 

 

 

OxCarre  Lunchtime Seminar Series

Wednesdays at 12noon

(unless otherwise stated*)

Seminar Room D,

Manor Road Building (Second Floor), Manor Road, Oxford OX1 3UQ

 

14 October

Speaker:  Pierre-Louis Vézina (UCL)
Title:  TBC

28 October

Speaker: Fanny Henriet (Paris School of Economics)
Title:  Grey Paradox: How fossil fuel owners can benefit from carbon taxation

18 November

Speaker:  Emma Hooper (Aix Marseille School of Economics)
Title:  TBC

OxCARRE Seminars this term

This week the new term starts, and OxCARRE is hosting the following seminars:

Wednesday 13 May 

(joint with The Smith School of Enterprise & the Environment)
16h45-18h30
Venue: Gottmann Room, OUCE, South Parks Road
Speaker: Christophe McGlade [ucl.ac.uk] (UCL)
Title: How Much Fossil Fuel to Leave Unburnt to Limit Global Warming to 2 Degrees Celsius

Tuesday 19 May (14h30, Seminar Room C)
Speaker: Tiago Cavalcanti [sites.google.com] (University of Cambridge)
Title: Winning the Oil Lottery: The Impact of Natural Resource Extraction on Growth

Tuesday 2 June (14h30, Seminar Room C)
Speaker: Ryan Kellogg [umich.edu] (University of Michigan)
Title: Hotelling Under Pressure
(this paper has featured earlier at this blog, here)

See also the OxCARRE website [oxcarre.ox.ac.uk]

Our Brown Bag series (Wednesday 12h00 – Seminar Room D) has

29 April

Speaker: Gerhard Toews

Title: Dutch Disease Mechanisms: Evidence from the Construction Sector in Russia

13 May

Speaker: Thomas McGregor

27 May

Speaker: Wessel Vermeulen [wnvermeulen.com]

Title: The impact of windfalls in a small open economy with heterogeneous firms

10 June

Speaker Qi Zhang

17 June

Speaker: Michael Koelle

OxCARRE Seminar: The Grey Paradox: How fossil-fuels owners can benefit from carbon taxation

Today's OxCARRE's seminar has Renaud Coulomb from LSE (website) speaking on

The Grey Paradox: How fossil-fuels owners can benefit from carbon taxation

Abstract

This paper studies the distributional impacts of optimal carbon taxation on fossil-fuels owners. We show that optimal carbon taxation can increase the profits of owners of a carbonemitting exhaustible resource. Such phenomenon contrasts with claims from fossil-fuels owners –especially from OPEC member countries– that carbon taxation will undermine their profits. We build a theoretical model of resource extraction where a polluting exhaustible resource competes with a dirtier abundant resource and a clean backstop. The atmospheric CO2 concentration has to be kept under a carbon ceiling and the optimal extraction path is decentralized by a carbon tax. As the carbon ceiling is tightened, the exhaustible-resource rent, and thus profits, is partly captured by the tax levier (the “capture effect”), but the dirtier resource is made less competitive (the “competition effect”). We determine conditions under which profits increase as the ceiling falls. The role of resource endowments, pollution contents, extraction costs and demand elasticity is analyzed. Calibrating the model for the transportation sector, we find that limiting cumulative new emissions in this sector between 322.7 and 637.5 GtCO2 increases profits of conventional-oil owners.

Working paper available here 

OxCARRE Seminar: Federal Tax Shocks and State Fiscal Capacity: The Case of Natural Resources

Today, OxCARRE's Ohad Raveh presents his paper, joint with Fidel Perez-Sebastian [fae.ua.es] and Yaniv Reingewertz [weebly.com] on

Federal Tax Shocks and State Fiscal Capacity: The Case of Natural Resources

abstract:

How do states respond to federal fiscal shocks? In this paper we present a new mechanism of vertical fiscal externalities, by investigating the heterogeneous effects of federal fiscal shocks. While federal tax changes are equal across states, their effects are not. We exploit the variation in states' fiscal capacity, observed through the case of natural resources, to examine these heterogeneous effects. Consistent with previous studies, we find that increases in federal tax rates are contractionary for the average state, yet are mitigated, or even reversed in those with high fiscal capacity. We offer a theory of inter-regional competition that rationalizes this finding: states with high fiscal capacity make a relatively smaller increase in tax rates in response to a federal tax hike, triggering capital movement from low to high fiscal capacity states which, in turn, creates an expansionary (contractionary) effect in the latter (remaining) states. We provide evidence for this mechanism by examining narrative-based federal tax shocks, and various state-level characteristics, in the U.S. economy.

Draft not yet available

Edit: The abstract was for a different paper, here [oxcarre.ox.ac.uk]

OxCARRE seminar: James Fenske, Oil and ethnic inequality in Nigeria

Today's OxCARRE's brownback seminar at 12h has James Fenske presenting his paper with Igor Zurimendi, on

Oil and Ethnic inequality in Nigeria. 

Abstract

Oil prices experienced in early life predict differential adult outcomes across Nigerian ethnic groups. Our difference-in-difference approach compares members of south- ern ethnicities to other Nigerians from the same birth cohort. Greater prices in a southern individual’s birth year predict positive relative outcomes, including reduced fertility, de- layed marriage, higher probabilities of working and having a skilled occupation, and greater schooling. By contrast, health outcomes suffer, including reduced height and increased BMI. These microeconomic impacts can be explained by macroeconomic responses to greater oil prices. Relative Southern incomes increase, food production declines, maternal labor inten- sifies, and Southern conflict rises.

See here for the earlier post, here for the working paper

OxCARRE seminars this term

Hilary Term 2015

OxCarre Seminar Series

***Tuesdays at 14.30hrs***

Seminar Room C

Manor Road Building, Manor Road

27 January

Speaker: Sol Hsiang (University of California, Berkeley)

Title: TBC

10 February

Speaker:  Simon Dietz (Grantham Research Institute on Climate Change and the Environment, LSE)

Title: Spaces for Agreement: A theory of Time-Stochastic Dominance and an application to climate change

24 February

Speaker:  Kamiar Mohaddes (Cambridge)

Title: Fair Weather or Foul? The Macroeconomic Effect of El Niño.

10 March

Speaker: Renaud Coulomb (Grantham Research Institute on Climate Change and the Environment, LSE)

Title: TBC