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VERSION:2.0
PRODID:-//AMSE//Event Calendar//FR
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UID:event-10754@amse-aixmarseille.fr
DTSTAMP:20260418T103909Z
CREATED:20260418T103909Z
LAST-MODIFIED:20260418T103909Z
STATUS:CONFIRMED
SEQUENCE:0
SUMMARY:phd seminar - Ricardo Guzman*\, Anastasiia Antonova**
DTSTART:20240116T100000Z
DTEND:20240116T113000Z
DESCRIPTION:*Many economies use industrial policy to nurture sectors that p
 roduce inputs critical to economic development. While there are theoretical
  reasons that justify such state interventions\, there is limited direct ev
 idence on whether industrial policy in input markets could effectively indu
 ce productivity gains for firms that purchase these inputs. In this paper\,
  I make progress on this front by evaluating an import substitution policy 
 in Nigeria that sought to expand domestic production of inorganic fertilise
 r\, a modern input to agriculture. In particular\, I focus on assessing t
 wo components of the policy: the construction of domestic fertiliser manufa
 cturing plants and a ban on imports of fertilisers. Combining household sur
 veys and geospatial data on plant locations\, I estimate the effects of pol
 icy-induced changes in access to fertiliser on input expenditures\, adoptio
 n rates\, and crop yields. To deliver credible estimates\, I take advantage
  of the fact that farm-households were differentially exposed to the policy
  based on their distance to sources of fertiliser and the specific nutritio
 nal requirements of the crops they produce. I find that farms closer to sou
 rces of fertiliser exhibit higher rates of adoption on both the extensive a
 nd intensive margin\, as well as greater crop yields. Preliminary evidence 
 also suggests that the observed effect works through retail prices.**This 
 paper examines the role of time-varying information frictions in amplifying
  aggregate demand. We enhance the standard New-Keynesian model by incorpora
 ting an imperfect information setup\, where households acquire knowledge fr
 om economic activities. During recessions\, the availability of information
  diminishes\, heightening uncertainty and prompting an increase in precauti
 onary saving. This surge in precautionary saving contributes to a further d
 ecline in economic activity\, exacerbating uncertainty. The strong enough e
 ndogenous uncertainty channel reverses the impact of productivity shocks on
  the output gap. Additionally\, this channel may result in the crowding-in 
 of private consumption by the government spending policies. These theoreti
 cal effects hold in a model calibrated to the U.S.\\n\\nContact: Lucie Gior
 gi: lucie.giorgi[at]univ-amu.frRicardo Guzman: ricardo.guzman[at]univ-amu.f
 rNatalia Labrador: natalia.labrador-bernate[at]univ-amu.frNathan Vieira: n
 athan.vieira[at]univ-amu.fr\n\nPlus d'informations: https://amse-aixmarseil
 le.fr/en/events/ricardo-guzman-anastasiia-antonova-0
LOCATION:MEGA - Salle Carine Nourry\, 424\, Chemin du Viaduc\, 13080 Aix-en
 -Provence
URL;VALUE=URI:https://amse-aixmarseille.fr/en/events/ricardo-guzman-anastasiia-antonova-0
CONTACT:Lucie Giorgi: lucie.giorgi[at]univ-amu.frRicardo Guzman: ricardo.gu
 zman[at]univ-amu.frNatalia Labrador:&nbsp\;natalia.labrador-bernate[at]univ
 -amu.frNathan Vieira: nathan.vieira[at]univ-amu.fr
TRANSP:OPAQUE
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