Congratulations to Economics faculty members Michele Baggio and Kai (Jackie) Zhao, who have received promotion to tenured Associate Professor, and to Steven Lanza, promoted to Associate Professor in Residence!
The UConn Board of Trustees approved the promotions, effective August 23rd, at the Board meeting on Wednesday, April 24th.
Professor Michele Baggio’s research on the relationship between medical marijuana laws and the purchase of alcoholic beverages was discussed in a recent Wall Street Journal article:
A recent working paper by co-authors Michele Baggio (UConn faculty, Department of Economics), Alberto Chong (Andrew Young School of Policy Studies, Department of Economics), and Sungoh Kwon (UConn graduate student, Department of Economics), has been featured in the Washington Post:
And in Mother Jones magazine:
Back in 2009 I wrote a piece for the magazine about marijuana legalization. One of the things I learned is that a key question about the effect of legalization is whether marijuana and alcohol are substitutes or complements. If alcohol and marijuana are substitutes, it means that higher sales of marijuana will likely produce lower […]http://www.motherjones.com/kevin-drum/2017/12/new-study-says-marijuana-legalization-reduces-alcohol-use/
The working paper is online at: Helping Settle the Marijuana and Alcohol Debate: Evidence from Scanner Data
We use data on purchases of alcoholic beverages in grocery, convenience, drug, or mass distribution stores in US counties for 2006-2015 to study the link between medical marijuana laws and alcohol consumption and focus on settling the debate between the substitutability or complementarity between marijuana and alcohol. To do this we exploit the differences in the timing of the of marijuana laws among states and find that these two substances are substitutes. Counties located in MML states reduced monthly alcohol sales by 15 percent. Our findings are robust to border counties analysis, a placebo effective dates for MMLs in the treated states, and falsification tests using sales of pens and pencils.
Professor Michele Baggio’s paper “Optimal management with reversible regime shifts” with Paul Fackler has been published in the Journal of Economic Behavior & Organization.
The paper examines the management of a natural resource, a fishery, subject to regime shifting dynamics.
Dr. Michele Baggio will be joining the department this Fall as an assistant professor. He graduated with a PhD. in Agricultural and Resource Economics from the University of Maryland in 2012. Since 2010 he has worked as a senior researcher and lecturer at the Swiss Institute of Technology (ETH) in Zurich, Switzerland. He is an environmental and natural resource economist who specializes in studying causes and consequences of ecosystem changes in the context of aquatic ecosystems. Professor Baggio has published articles in the American Journal of Agricultural Economics, the Journal of Economics, the Journal of Agriculture Economics, and has several papers under submission. The position he fills is a joint position with the Maritime Studies Program in Avery Point.