Calendrier du 16 février 2023
Travail et économie publique externe
Du 16/02/2023 de 12:30 à 13:30
PSE- 48 boulevard Jourdan, 74014 Paris, salle R1-09
ZYLBERBERG Yanos (Bristol)
The Distributional Consequences of Trade: Evidence from the Repeal of the Corn Laws
écrit avec Heblich and Redding
We provide new theory and evidence on the distributional consequences of trade using the 1846 Repeal of the Corn Laws and the subsequent New World Grain Invasion. We make use of a newly-created, spatially-disaggregated dataset on population, employment by sector, property values, and poor law payments (welfare transfers) for around 11,000 parishes in England and Wales from 1801--1901. Following this trade shock, we show that locations with high wheat suitability experience a decline in population, rural outmigration, structural transformation away from agriculture, increases in rural poverty, and sizable changes in property values, relative to locations with low wheat suitability. We develop a quantitative spatial model to account for these empirical findings. We show that the model implies substantial income distributional consequences of this trade shock, both across factors of production, and across geographical locations within England and Wales.
Behavior seminar
Du 16/02/2023 de 11:00 à 12:00
R2-21
IMAI Taisuke (LMU Munich, Department of Economics)
Correcting Consumer Misperceptions about CO2 Emissions
écrit avec Davide Pace, Peter Schwardmann, Joël van der Weele
Policy makers put great emphasis on the role of information about carbon emissions in achieving sustainable decisions by consumers. We conduct two studies to understand the optimal targeting of such information and its effects. First, we conduct an incentivized and representative survey among US consumers (N = 1, 022) to investigate awareness of climate impact and willingness to mitigate it. We find a large variation in the perceptions of the carbon emissions of different consumption behaviors, with an overall tendency to underestimate these emissions. We also find a positive but highly concave willingness to mitigate climate impact. We combine elicited misperceptions and willingness to mitigate in a structural model that delivers sharp predictions about where to best target information campaigns. In an experiment with actual consumption decisions (N = 2, 081), we then test for the effect of CO2 information on the demand for beef, a product predicted to be a productive target for information. Correcting misperceptions has no effect on the demand for beef, both in absolute terms and compared to a predictably less productive target of information, i.e. the demand for poultry. Our dataset allows us to hone in on the underlying reason for this null effect