Calendrier du 08 juin 2021
Virtual Development Economics Seminar
Du 08/06/2021 de 17:00 à 18:15
BURGESS Robin (LSE and CEPR)
*
PSI-PSE (Petit Séminaire Informel de la Paris School of Economics) Seminar
Du 08/06/2021 de 17:00 à 18:00
CHAVEZ Emmanuel (PSE)
Academic research, beliefs, and attitudes towards taxing the rich
Paris Trade Seminar
Du 08/06/2021 de 14:30 à 16:00
Using Zoom
BOSKER Maarten (Erasmus University Rotterdam)
Desarrollo alternativo: the sensitivity of Colombian coca production to legal commodity price shocks
écrit avec Sophie de Vries Robbé
Colombia is the world's major producer of coca leaves. An important pillar of Colombia's efforts to curb the production of this illicit crop is to induce farmers to substitute coca for a viable legal alternative. In this paper we identify the extent to which farmers respond to variation in the price of five of the most promising legal alternatives when deciding how much coca to plant – coffee, palm oil, cocoa, sugar, and banana. We do this using a rich, spatially very detailed dataset that contains yearly information on the amount of coca grown in each of over 31,000 villages (veredas) in Colombia over the period 2001-2018. For identification, we exploit exogenous variation in legal commodity prices, in combination with detailed information about the soil and climatic suitability of each village for growing the five alternative crops that we consider. We find that farmers in villages more suitable for growing coffee and banana respond to price increases of these particular legal alternatives by planting less coca. We discuss why we find this effect for these two crops only, and not for cocoa, sugar, or palm oil. Moreover, the response to price shocks is strongest in villages with better market access.
Applied Economics Lunch Seminar
Du 08/06/2021 de 12:30 à 13:30
FILIPPUCCI Francesco ()
Who Profits from Training Subsidies? Evidence from a French Individual Learning Account
Training subsidies, and particularly Individual Learning Accounts, are an increasingly popular tool to support lifelong investment in human capital. However, the incidence of subsidies crucially depends on the market reaction, hence on price and quantity reactions to them. We study the 2019 reform of the French Compte Personnel de Formation, which switched from a system in which each industry self-determined the value of the subsidy to a centralized uniform subsidy. We find that, on average, a 1% cut in the subsidy determines a 0.55% decrease in the per-hour price of training, while the effect on the hours amount and duration of training is insignificant. We also find that the cut in the subsidy generates a small but significant decrease in revenues and production costs on average. For training centers more heavily relying on CPF the effect on revenues is larger, while the effect on costs is smaller, so that we find a significant reduction in profits following the cut of CPF subsidies. This findings suggest that supply of training is relatively inelastic, so that the incidence of subsidies tends to fall on suppliers of training, especially marginal ones.