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University of Oxford

1. Toews, Gerhard. Local impacts of natural resource booms and busts.

Degree: PhD, 2014, University of Oxford

This thesis consists of five stand-alone chapters empirically evaluating questions relating to the life cycle of natural resource extraction. We use three different data sets to shed light on the local impacts of natural resource booms and busts. In chapter 2 to 4 we use the household budget survey of Kazakhstan to explore the impacts of the oil boom on the local population. In the second chapter, we explore the distributional effects of the oil boom and show that average household income increased and income inequality decreased. In the third chapter we study how the increase in average income was perceived by the local population and find that households' satisfaction with income decreased. In the fourth chapter we study how the boom affected households' expenditure and show that the likelihood that households pay tuition fees for tertiary education increased. In chapter 5, we explore the long-term impacts of a negative labour demand shock following the coal mine closures in the UK. To do this we construct a new data set containing the location of all active coal mines since 1981 and link it to the UK census. We find that the dramatic lay off of miners since 1981 was associated with a persistent reduction in female labour force participation in the affected districts. In chapter 6, we study the determinants of drilling costs and their impact on the real price of oil using a new global data set on the number of exploration wells drilled and costs of drilling. To do this, we propose a structural model of the upstream sector in the oil and gas industry. The model allows us to decompose the variation in the reduced form errors of the estimated VAR into three structural shocks, and estimate the dynamic responses of the variables in the system to these shocks. We confirm that the upstream sector of the oil and gas industry is subject to increasing costs. But we do not find that the real oil price is permanently affected by shocks to costs of drilling.

Subjects/Keywords: 338.95845; Economics; Development economics; Labour economics; Natural Resources; Energy; Booms and Busts

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6th Edition):

Toews, G. (2014). Local impacts of natural resource booms and busts. (Doctoral Dissertation). University of Oxford. Retrieved from http://ora.ox.ac.uk/objects/uuid:bdb90c3d-3d0f-4c50-90d3-9a0d2bf88003 ; http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.655105

Chicago Manual of Style (16th Edition):

Toews, Gerhard. “Local impacts of natural resource booms and busts.” 2014. Doctoral Dissertation, University of Oxford. Accessed December 08, 2019. http://ora.ox.ac.uk/objects/uuid:bdb90c3d-3d0f-4c50-90d3-9a0d2bf88003 ; http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.655105.

MLA Handbook (7th Edition):

Toews, Gerhard. “Local impacts of natural resource booms and busts.” 2014. Web. 08 Dec 2019.

Vancouver:

Toews G. Local impacts of natural resource booms and busts. [Internet] [Doctoral dissertation]. University of Oxford; 2014. [cited 2019 Dec 08]. Available from: http://ora.ox.ac.uk/objects/uuid:bdb90c3d-3d0f-4c50-90d3-9a0d2bf88003 ; http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.655105.

Council of Science Editors:

Toews G. Local impacts of natural resource booms and busts. [Doctoral Dissertation]. University of Oxford; 2014. Available from: http://ora.ox.ac.uk/objects/uuid:bdb90c3d-3d0f-4c50-90d3-9a0d2bf88003 ; http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.655105


Texas A&M University

2. Mosquera Moyano, Roberto. Three Essays on Applied Microeconomics.

Degree: PhD, Economics, 2019, Texas A&M University

This dissertation presents three essays on the effects of different institutions, technologies, and shocks on health, education, labor and information outcomes using experimental and quasi-experimental research designs. Specifically, I consider the effects of social media, vaccination, and natural resources. In the first essay “The Economic Effects of Facebook”, joint work with Mofioluwasademi Odunowo, Trent McNamara, Xiongfei Guo, and Ragan Petrie, we study the effects of Facebook on news awareness, subjective well-being, and daily activities. We use a large field experiment with a validated Facebook restriction to document the value of Facebook to users and its causal effect on news consumption and awareness, well-being, and daily activities. Those who are off Facebook for a week reduce news consumption, are less likely to recognize politically-skewed news stories, report being less depressed and engage in healthier activities. One week of Facebook is worth $67, and this increases by 19.6 percent after experiencing a Facebook restriction. In the second essay “Vaccines at Work”, joint work with Manuel Hoffmann and Adrian Chadi, we study how behavioral factors can affect the effectiveness of flu vaccination. Flu vaccination could be a cost-effective way to handle the costs of this disease, but low takeup rates, particularly of working adults, and vaccination unintendingly causing moral hazard may decrease its benefits. We ran a natural field experiment with employees of a large bank in Ecuador where we experimentally manipulated incentives to participate in a flu vaccination campaign. We find that reducing the opportunity costs of vaccination increased take-up by 112 percent. Also, we find that the effect of vaccination on health outcomes is a precise zero with no measurable health externalities from coworkers. Using administrative records on sickness diagnoses and surveys, we find evidence consistent with vaccination causing moral hazard. In the third essay “A Blessing or a Curse? The Long-term Effect of Resource Booms on Human Capital and Living Conditions”, I study if resource booms can reduce human capital accumulation. These booms can increase the opportunity costs of education by favoring low-skill jobs, which makes it optimal for some cohorts to interrupt their education. If these individuals do not resume their education, they may lose pecuniary and non-pecuniary benefits of education in their lifetime. For a country, lower human capital may constrain its long-term growth. I use proprietary individual-level data to study the long-term effects of exposure to the 1970s oil boom on human capital in a developing country. I exploit variation in the timing of the shock and geographic differences in the cost of college attendance and find that exposure to the boom decreased college completion and increased low-skill occupations - consistent with the idea that individuals shift into highly remunerative low skilled employment because the boom decreased college education returns. In line with this, I find no effects on… Advisors/Committee Members: Puller, Steven L. (advisor), Lindo, Jason M. (advisor), Petrie, Ragan (committee member), Lahey, Joanna (committee member).

Subjects/Keywords: Social media; Field experiment; Value of Facebook; News awareness; Well-being; gender; Health Intervention; Flu Vaccination; Sickness-Related Absence; Field Experiment; Random Encouragement Design; Moral Hazard; Technology Adoption; Resources booms; College completion; Long-term effects; Wealth; Growth potential

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APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6th Edition):

Mosquera Moyano, R. (2019). Three Essays on Applied Microeconomics. (Doctoral Dissertation). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/184917

Chicago Manual of Style (16th Edition):

Mosquera Moyano, Roberto. “Three Essays on Applied Microeconomics.” 2019. Doctoral Dissertation, Texas A&M University. Accessed December 08, 2019. http://hdl.handle.net/1969.1/184917.

MLA Handbook (7th Edition):

Mosquera Moyano, Roberto. “Three Essays on Applied Microeconomics.” 2019. Web. 08 Dec 2019.

Vancouver:

Mosquera Moyano R. Three Essays on Applied Microeconomics. [Internet] [Doctoral dissertation]. Texas A&M University; 2019. [cited 2019 Dec 08]. Available from: http://hdl.handle.net/1969.1/184917.

Council of Science Editors:

Mosquera Moyano R. Three Essays on Applied Microeconomics. [Doctoral Dissertation]. Texas A&M University; 2019. Available from: http://hdl.handle.net/1969.1/184917

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