Pedro Liedo
Pedro Liedo

PhD Candidate

UC Davis

About Me

Welcome! I am a PhD student in Agricultural and Resource Economics at UC Davis.

I am on the job market this fall (AY 2024-2025).

I’m mostly interested in Environmental and Public Economics. My job market paper studies the effect of tax avoidance on the composition of the vehicle fleet and its environmental implications in Mexico. I also do research on land use change and fuel transition related to the California Low Carbon Fuel Standard.

I enjoy soccer, cooking, biking, skiing, and playing the drums.

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Job Market Paper
Tax avoidance and environmental implications: Vehicle Registrations in Mexico

This paper analyzes the impact of decentralizing vehicle registration fees in Mexico, highlighting increased tax avoidance and a shift toward cheaper, fuel-efficient but higher-emission cars. Using a differences-in-differences approach with synthetic controls, it models individual tax responses and explores scenarios, finding that tax avoidance mitigates the tax's distortionary effects.

Sep 9, 2024

Work in progress
Flexibility and Timing of Incentives: Navigating the Fuel Transition in Refinery Production

This project explores the trade-offs between refineries specialized in renewable diesel and those capable of flexible production between renewable diesel and sustainable aviation fuel (SAF). Using technical production data, we estimate the value of flexibility in switching between fuels. Scenarios such as on-road fuel demand decline and shifts in policy support for SAF allow us to analyze how timing of incentives impacts refinery decisions. These insights provide a clearer understanding of optimal production strategies, helping refineries adapt to evolving market conditions and policy shifts.

Jan 1, 2024

Supply elasticity of biofuels in the Low Carbon Fuel Standard

The Low Carbon Fuel Standard provides credits to biofuel producers once they get a pathway approved. The subsidy provided by the credit is greater the less carbon-intensive a fuel is. I use the approval of pathways as price shocks to study the change in crops planted used to produce biofuels.

Jan 1, 2024

Teaching

UC Davis (Evaluations)

  • Applied Economics Research Workshop. (Instructor, Undergraduate) Syllabus

  • Financial Management of the Firm. (TA, Undergraduate)

University of Chicago

  • Analytical Politics. (TA, Graduate)Book

ITAM (Instituto Tecnologico Autonomo de Mexico)

  • Introductory Microeconomics (Instructor, Undergraduate)

  • Energy and Environmental Economics (TA, Undergraduate)

  • Introductory Microeconomics (TA, Undergraduate)