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)
Distributional Effects of Gasoline Taxes in Brazil (with Bruno Y. Hipólito and Felipe de F. Silva), forthcoming at Applied Economics Letters. DOI:10.1080/13504851.2023.2289387. Link
Racial Discrimination in Access to Justice: Evidence from Brazil (with Bruno Truzzi, Viviani S. Lirio, Daniel R. C. Cerqueira and Danilo S. C. Coelho). International Journal for Crime, Justice and Social Democracy (2023), DOI:10.5204/ijcjsd.2289 Link.
Climate change in Brazilian agriculture: vulnerability and adaptation assessment (with Elizângela A. Santos, Rosimeri Fortini and José Zanúncio). International Journal of Environmental Science and Technology (2023). DOI: 10.1007/s13762-022-04730-7. Link.
Human capital and technology in the growth of economic structure (with Deyvid W. Leite). Investigación Económica, 82(323), 27–52 (2023). DOI: 10.22201/fe.01851667p.2023.323.82953. Link
Regional financial integration, financial development and industrial sector growth in ECOWAS: Does institution matter? (with Onyebuchi Iwegbu and Kainu Justine). Cogent Economics & Finance, vol. 10, issue 1, (2022). DOI:10.1080/23322039.2022.2050495 Link
Price effects of spatial competition in retail fuel markets: the impact of a new rival nearby (with Frederico Uchôa, Williams Huamani, David R. Just and Raúl V. Gomez). Papers in Regional Science (2021). DOI: doi.org/10.1111/pirs.12645 Link
Welfare impacts of a negative income tax on regions of Brazil (with Rayan Wolf, Ângelo C. Gurgel, Marcos S. Nazareth, Ian Trotter and Erly C. Teixeira). Economic Systems Research (2021). DOI: 10.1080/09535314.2021.1975098. Link
Racial Democracy and Black Victimization in Brazil (with Bruno Truzzi, Viviani S. Lirio, Daniel R. C Cerqueira, Danilo S. C. Coelho. Journal of Contemporary Criminal Justice (2021). DOI: 10.1177/10439862211038448 Link
The asymmetric pattern of fuel demand in Brazil (with Frederico Uchôa and Cleiton S. de Jesus). Economics Bulletin, v. 41, p. 155-160, 2021. Link
Demand for light fuels in Brazil: an approach using spatial panel data models (with Maurício V. L. Bittencourt and Alexandre A. Porsse). Nova Economia (UFMG), v. 30, p. 231-256, 2020. DOI: 10.1590/0103-6351/4327 Link
Fuel Demand Elasticities in Brazil: a panel data analysis with instrumental variables (with Frederico Uchôa and Cleiton S. de Jesus). International Journal of Energy Economics and Policy, v.10, p. 450-457, 2020. DOI: doi.org/10.32479/ijeep.8787 Link.
Biofuels policies and fuel demand elasticities in Brazil (with Maurício V. L. Bittencourt, Wade H. Litt and Elena G. Irwin). Energy Policy, v. 128, p. 296-305, 2019. DOI: doi.org/10.1016/j.enpol.2018.12.035 Link
Working papers and work in progress
Privatizing a local refining monopoly (wtih Pietro Figueiredo) (Abstract + Last Version + Slides)
Bike-sharing services as an alternative in urban transportation: Evidence from a developing country (with Felipe de F. Silva).
AERE 2022 Summer Conference (Jun-2022) (Slides), Anpec-2022, UFAL - Aug-2022 (Slides)
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.
Welfare and Environmental Effects of Fossil Fuel Subsidies: evidence for a developing country
Economic structure and human capital at the micro-regional level in Brazil (with Deyvid W. Leite) (first draft, ANPEC, 2022).
Market Power in the Retail Gasoline Market in Brazil (with Roberta R. Salvini and Leonardo B. de Mattos) (submitted). Version (SSRN)
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.
Horizontal Merger and Upward Pricing Pressure in a Bertrand-Cournot Model (with Williams Huamani, Marcelo José Braga, Graciela A. Profeta, Tanise B. Bussmann. Version - Encontro Nacional de Economia Industrial e Inovação (ENEI).
Economic structure and human capital at the micro-regional level in Brazil (with Deyvid W. Leite). Version (Anpec-2022)
Price asymmetry and retailers heterogeneity in the Brazilian gas stations (with Maurício V. L. Bittencourt and Elena G. Irwin). Version - European Regional Science Association (ERSA).
Occupational mobility, earnings and inequality in Brazil (with Leandro T. M. Higano, Rayan Wolf and Isha Rajbhandari).
Have biofuels changed volatility transmission between oil and agricultural markets? (with Maurício V. L. Bittencourt).
Inflação de alimentos no Brasil: o papel dos preços internacionais (with José Eustáquio Ribeiro Vieira Filho) (Resumo e Última Versão)
Publications in Brazilian Journals
Uma nota sobre mobilidade ocupacional e diferença salarial no Brasil (with Leandro Higano, Rayan Wolf, Maria Micheliana C. Silva) (2023, Revista Brasileira de Economia (RBE)). Version. Link
Efeitos do Investimento Estrangeiro Direto e das Características dos Países Hospedeiros no Crescimento Econômico (with Marcos J. Ribeiro). Revista Análise Econômica (RAE)(forfhcoming).
Evidências do hiato de gênero e produtividade na indústria de transformação brasileira (with Vinicius Campos and Maria Micheliana C. Silva. Revista de Economia Contemporânea, v. 25, n. 2 (2021). Link
O efeito das UPAs na taxa de internações por condições sensíveis à atenção primária (with Rodrigo V. V. Medeiros and João, G. A Costa). Estudos Econômicos (2021). Link
Distância à instituição de ensino e demanda por educação superior (with Bruna L. R. Araújo). Revista de Economia Aplicada, v. 25, n. 3, 2021. Link.
O efeito da concorrência de importações chinesas na saúde dos trabalhadores brasileiros (with Alícia Cechin, Carlos A. Charris, and Fernanda A. Silva). Revista de Economia Aplicada, v. 25, n. 2, 2021. Link.
Política de Cotas: Uma democratização ao acesso para cursos de graduação na Universidade Federal de Viçosa (with Ykaru G. Wagner and Cristiana T. Rodrigues). Revista Brasileira de Política e Administração da Educação, v. 37, p. 394-416, 2021. Link.
Avaliação de Impacto do Regime Especial de Tributação RECAP nas Importações de Bens de Capital de 2004 a 2013 (with Thiago F. Ladeira). Teoria e Evidência Econômica (UPF), v. 25, p. 275-292, 2021. Link.
Complexidade Econômica, Crescimento e Convergência de Renda na América Latina, Caribe e Ásia (with Thiago F. Ladeira). Economia Ensaios, v. 35, p. 48-74, 2020. Link.
Efeitos econômicos e distributivos da pandemia de coronavírus no Brasil (with Graziella Magalhães). Revista de Economia e Agronegócio, 2020. Link.
Elasticidades da demanda por diesel no Brasil (with Cleiton S. de Jesus). Reflexões Econômicas, v. 5, p. 88-107, 2020. Link.
Sofisticação das Exportações, Crescimento Econômico e Convergência de Renda nos Estados Brasileiros entre 2016 e 2019 (with Thiago F. Ladeira). Revista Brasileira de Estudos Regionais e Urbanos, v. 13, p. 537-560, 2019. Link.
Mensuração das elasticidades-preço da demanda, cruzada e renda no mercado de etanol brasileiro: um estudo usando painéis cointegrados (with Maurício V. L. Bittencourt. Revista de Economia e Sociologia Rural, v. 51, p. 765-784, 2013. Link.