Source: https://www.ufv.br/campus-vicosa/

I am an Associate Professor in the Department of Agricultural Economics at Universidade Federal de Viçosa, Brazil.

Research Interests: Energy Economics, Inequality, Crime, and other topics in Development Economics.  


leonardocardoso@ufv.brleonardocardoso005@gmail.comLeonardo Chaves Borges Cardoso Departamento de Economia Rural Programa de Pós-Graduação em Economia AplicadaUniversidade Federal de Viçosa

Research    

Publications (English)

Working papers and work in progress

Abstract: We investigate how bike-sharing can contribute to urban mobility, combining an administrative database with more than twenty-five million bike-sharing trips with weather information, fuel prices, and data from Twitter. First, we ask whether there is a marginal substitution between private cars and bike-sharing driven by higher fuel prices. Second, we investigate if safety concerns deter a more extensive bike-sharing adoption. We find that a one standard deviation increase in gasoline prices is related to an increase of eight minutes of bike-sharing use per station per hour. Regarding the second question, an addition of one standard deviation in the number of negative tweets involving bicycle -- our proxy for perceived safety -- reduces bike-sharing use by more than one minute per station per hour. 




Abstract: This paper investigates the exercise of local market power by gas station owners in Brazil through asymmetric price transmission from wholesale to retail prices. We used panels of gasoline prices at municipal and gas station levels for weeks between Jan-2010 and Aug-2019 in an AECM estimation. Findings confirmed positive asymmetry at municipal and gas station levels where increases in wholesale prices were transmitted with higher intensity to retail prices than decreases. Product differentiation using brands did not seem to affect asymmetry. Unbranded gas stations and premium brands presented the same asymmetry level four weeks after price shocks. However, spatial competition has a role in cost pass-through: gas stations with less than two rivals within a radius of 1.5 km presented higher asymmetry compared to stations with a higher number of neighbors.










Publications in Brazilian Journals