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"Now, this is totally irresponsible journalism on the part of Christopher Knittel at the New York Times." --- Rush Limbaugh on his radio show, March 30th, 2007 "It [Knittel and Smith: 'Ethanol Production and Gasoline Prices'] seems to be heavy on snark and light on substance." --- Matt Hartwig, Direct of Communications, Renewable Fuel Association, July 18, 2012 in Scientific American Irresponsible publicity on the part of MIT Bio Christopher Knittel is the
William Barton Rogers Professor of Energy Economics in the Sloan School
of
Management and the Co-Director of the Center for Energy and
Environmental Policy Research at the Massachusetts Institute of
Technology. He joined
the faculty at MIT in 2011,
having taught previously at UC Davis and Boston University.
Professor Knittel received his B.A. in
economics and
political science
from the California State University, Stanislaus in 1994 (summa cum laude), an M.A. in
economics from UC Davis in 1996, and a Ph.D. in economics from UC
Berkeley in 1999. His research focuses on environmental economics,
industrial organization, and applied econometrics. He is a Research
Associate at
the National Bureau of Economic Research in
the Productivity, Industrial Organization, and Energy and Environmental
Economics groups. Professor Knittel is an associate
editor of The American Economic
Journal -- Economic
Policy, The Journal of
Industrial Economics, Journal of Transportation Economics and Policy,
and Journal of Energy Markets.
His
research
has
appeared
in
The American Economic
Review, The American Economic
Journal, The Review of Economics and Statistics, The
Journal of
Industrial Economics, The Energy Journal and other academic
journals. Available Working PapersNEW! "Keeping it Fresh: Strategic Product Redesigns and Welfare," joint with Bruce A. Blonigen (Oregon) and Anson Soderbery (Purdue). In submission. Paper in PDF Format.NEW! "The Simple Economics of Commodity Price Speculation," joint with Robert S. Pindyck (MIT). In submission. Paper in PDF Format. "The Welfare Impact of Indirect Pigouvian Taxation: Evidence from Transportation," joint with Ryan Sandler (DOJ). In submission. Paper in PDF Format. "The Origins of US Transportation Policy: Was There Ever Support for Gasoline Taxes?" Paper in PDF Format. A shorter version is forthcoming in the The American Economic Review, Papers & Proceedings. Paper in PDF Format "Stranded Vehicles: The Incidence of Gasoline Taxes Through the Lens of Vehicle Values," joint with Meghan Busse (Northwestern) and Florian Zettelmeyer (Northwestern). Preliminary Draft of Paper in PDF Format. "Did `Cash for Clunkers' Deliver? The Consumer Effects of the Car Allowance Rebate System," joint with Meghan Busse (Northwestern) and Florian Zettelmeyer (Northwestern). Preliminary Draft of Paper in PDF Format. "Who is Exposed to Gas Prices? How Gasoline Prices Affect Automobile Manufacturers and Dealerships," joint with Meghan Busse (Northwestern) and Florian Zettelmeyer (Northwestern). In submission. Paper in PDF Format. "Leveling the Playing Field for Natural Gas in Transportation." Paper written for the Brookings Institution, Hamilton Project. Paper in PDF Format. Policy Brief. "Cleaning the Bathwater with the Baby: The Health Co-Benefits of Carbon Pricing in Transportation," joint with Ryan Sandler (UC Davis). Paper in PDF Format. "Some Inconvenient Truths About Climate Change Policy: The Distributional Impacts of Transportation Policies," joint with Stephen P. Holland (UNC), Jonathan E. Hughes (Colorado), and Nathan Parker (UC Davis--ITS). Revisions requested from The Review of Economics and Statistics. Paper in PDF Format "Pharmaceutical Use Following Generic Entry: Paying Less and Buying Less," joint with Peter Huckfeldt (RAND). In submission. Paper in PDF Format "Demand Uncertainty Leads to Diverse Collusive Dynamics," joint with Jason Lepore (Cal Poly). In submission. Paper in PDF Format "Caution Drivers! Children Present: Traffic, pollution and infant health," joint with Douglas L. Miller (UC Davis) and Nicholas J. Sanders (UC Davis). Revisions requested from The Review of Economics and Statistics. Paper in PDF Format. "The Implied Cost of Carbon Dioxide under the Cash for Clunkers Program" Paper in PDF Format, Spreadsheet, Updated version using the final MPG numbers with other edits, as well. Paper in PDF Format. "The Productivity Benefits of IT Outsourching," joint with Victor Stango (UC Davis GSM) Paper in PDF Format Publications
"Ethanol
Production
and
Gasoline
Prices:
A
Spurious
Correlation,"
joint
with
Aaron
Smith
(UC Davis). Forthcoming, The Energy Journal.
Paper
in
PDF
Format, Computer Code for
Replication, Data set I for
replication, Data set II for
replication. "Celebrity
Endorsements,
Firm
Value
and
Reputation
Risk:
Evidence
from
the
Tiger
Woods
Scandal,"
joint
with
Victor
Stango
(UCD
GSM). Forthcoming in Management
Science. Paper
in PDF Format "Estimation of Random Coefficient Demand Models: Challenges, Difficulties and Warnings," joint with Konstantinos Metaxoglou (Bates and White). Forthcoming in The Review of Economics and Statistics. Paper in PDF Format, Code and data associated with paper
"Are Consumers
Myopic? Evidence from New and Used Car Purchases,"
joint with
Meghan Busse (Northwestern) and Florian Zettelmeyer (Northwestern). The American Economic
Review, 103(1), February
2013. Paper
in PDF Format. "Reducing Petroleum
Consumption from Transportation," Journal of Economic
Perspectives, 26(1), Winter 2012, pp. 93-118. Paper
in PDF
Format. "Automobiles on Steroids: Product Attribute Trade-offs and Technological Progress in the Automobile Sector," In submission. Paper in PDF Format, NBER Digest writeup. The American Economic Review, 101(7), December 2011, pp. 3368-3399. Data used in paper (Stata format), Stata code used in paper "Challenges in Merger Simulation Analysis," joint with Konstantinos Metaxoglou (Bates and White). The American Economic Review, Papers & Proceedings, 101(3), May 2011, pp. 56-59. Paper in PDF Format "Strategic
Incompatibility
in
ATM
Markets,"
joint
with
Victor
Stango
(UC
Davis
GSM).
The
Journal of Banking and Finance, 35(10),
October 2011, pp. 2627-2636. Paper
in
PDF
Format "Carbon Prices and Automobile Greenhouse Gas Emissions: The Extension and Intensive Margins," joint with Ryan Sandler (UC Davis). Forthcoming in The Design and Implementation of U.S. Climate Policy, NBER Conference Volume, University of Chicago Press. Paper in PDF Format "Tacit Collusion in the Presence of Cyclical Demand and Endogenous Capacity Levels," joint with Jason Lepore (Cal Poly). The International Journal of Industrial Organization, 28(2), March 2010. Paper in PDF Format "How Does Incompatibility Affect
Prices?: Evidence from ATMs," joint with Victor
Stango (UC
Davis
GSM). The
Journal of Industrial Economics, 57(3), September 2009. "Analysis of
the
Wealth Impact of Re-Allocation Decisions by
Institutional Plan Sponsors," joint with Jeffrey Heisler (BU),
John J. Neumann
(St. John's) and Scott Stewart (BU). The Financial Analyst
Journal 65(6), pp. 34-51.
Winner of the Graham and Dodd Award of Excellence. Paper
in PDF Format "Greenhouse Gas Reductions under
Low Carbon Fuel Standards?,"
joint with Stephen P. Holland (UNC) and Jonathan E. Hughes (Colorado). The American Economic
Journal: Economic Policy, 1(1), Februrary 2009,
pp. 106-146. "Inefficiencies
and Market Power in Financial Arbitrage: A
Study of California's Electricity Markets," joint with Severin
Borenstein (UCB, Haas), James Bushnell (UC
Davis), and Catherine Wolfram
(UCB, Haas). The
Journal of Industrial Economics,
LVI(2), June 2008, pp 347-378. "Diagnosing Unilateral
Market Power in Electricity Reserves Market," joint with Konstantinos
Metaxoglou (Bate White LLC). Journal of Energy
Markets, 1(1), Spring 2008. "Incompatibility,
Product
Attributes and Consumer Welfare:
Evidence from ATMs," joint with Victor Stango (UC
Davis
GSM). BE
Journal of Economic
Analysis and Policy, Vol. 8
: Iss. 1 (Advances), 2008, Article 1. "Re-Assessing the U.S.
Quality Adjustment to Computer Prices: The Role of Durability and
Changing Software," Price Index
Concepts and Measurement, NBER and the Chicago Press, 2008.
(Joint
with Robert Feenstra (UC Davis)). "Why Do
Institutional Plan Sponsors Hire and Fire their
Investment Managers?," joint with Jeffrey Heisler (BU), John J. Neumann
(St. John's) and Scott Stewart (BU). Best Paper Award for the 31st NBEA
Conference. The
Journal of Business
and Economic Studies,
13(1), Spring 2007. "Biases in
Static Oligopoly Models?: Evidence from the California Electricity
Market," joint with Dae-Wook Kim
(UC Davis). The Journal of
Industrial Economics, LIV(4), December 2006. "The
Adoption of State Electricity Regulation: The Role of
Interest Groups," The Journal of Industrial Economics, LIV(2),
June
2006. "Regulatory Restructuring and Incumbent Price Dynamics:
The
Case of Local Telephone Restructuring," The Review of
Economics and Statistics, 86(2), May 2004, pp. 614-625. "Price Ceilings as Focal Points for Tacit Collusion:
Evidence
from the Credit Card Market," The American Economic Review,
93(5),
December
2003,
pp.
1703-1729.
(Joint
with
Victor
Stango
(UC
Davis
GSM)). "Market Structure and the Pricing of Electricity and
Natural
Gas," The Journal of Industrial Economics, LI(2), June
2003, pp. 167-192. "Alternative Regulatory Methods and Firm Efficiency:
Stochastic Frontier Evidence the US Electricity Industry," The
Review of Economics and Statistics, 84(3), August 2002, pp.
530-540. "Market Power in Electricity Markets: Beyond
Concentration
Measures," The Energy Journal, 20(4), October 1999.
(Joint with Severin Borenstein (UCB, Haas) and James Bushnell
(UC
Davis)). "Interstate Long Distance Rates: Search Costs, Switching
Costs
and Market Power," The Review of Industrial Organization,
12(4),
August
1997.
Recent Regulatory FilingsBushnell,
J,
L.
Goulder,
C.R.
Knittel,
S.
Levy,
N.E.
Ryan,
N.
Sidhu,
J.
Sweeney.
"EAAC Economic Impacts Subcommittee Report on Air Resources Board's
Updated AB 32 Scoping Plan Analysis.", March 2010. Goulder, L., J.
Adams, V. Arroyo, M. Barger, J.K. Boyce, D. Burtraw, J. Bushnell, R.
Fisher, R. Frank, R. Frank, D. Kamman, C.R. Knittel, S. Levy, J.
Nation, N.E. Ryan, N Sidhu, J.L. Sweeney. "Allocating
Emissions
Allowances
Under
a
California
Cap-and-Trade
Program:
Recommendations
to
the
California
Air
Resources
Board
and
California
Environmental
Protection
Agency
from
the
Economic
and
Allocation
Advisory
Committee", March 2010. Arons,
S.M., A.R. Brandt, M.A.
Delucchi, A. Eggert, A.E. Farrell, B.K. Haya, J. Hughes, B.M. Jenkins,
A.D. Jones, D.M. Kammen, S.R. Kaffka, C.R. Knittel, D.M. Lemoine, E.W.
Martin, M.W. Melaina, J.M. Ogden, R.J. Plevin, D. Sperling, B.T.
Turner, R.B. Williams, C. Yang, 2007. “A Low-Carbon Fuel Standard for
California, Part 1: Technical Analysis.” Available Online: http://www.lcfs.ucdavis.edu. Brandt,
A.R., A.E. Farrell, B.K.
Haya, J. Hughes, B.M. Jenkins, A.D.
Jones, D.M. Kammen, C.R. Knittel, M.W. Melaina, M. O’Hare, R.J. Plevin,
D. Sperling, 2007. “A Low-Carbon Fuel Standard for California, Part 2:
Policy Analysis.” Available Online: http://www.lcfs.ucdavis.edu. Peer Review Comments on AB 1493, California Environmental Protection Agency Air Resource Board, September 2004. Recent Media CitesUse
Google.com
to
find.
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