FASS Staff Profile

ALBERTO SALVO
ASSOCIATE PROFESSOR
DEPARTMENT of ECONOMICS

Appointment:
ASSOCIATE PROFESSOR
Office:
AS2/05-35
Email:
albertosalvo@nus.edu.sg
Tel:
(+65) 6516 4874
Fax:
(+65) 6775 2646
Homepage:
http://profile.nus.edu.sg/fass/ecssaeb/
Tabs

Brief Introduction

Education

PhD, 2005, Economics, London School of Economics

MSc, 2000, Economics, London School of Economics, Gained Distinction

BEng, 1994, Industrial Engineering, University of Sao Paulo (EP-USP), Ranked 3rd among 550 engineering graduates

Other Academic Positions

Associate Director, Global Asia Institute (starting January 2020)

Faculty of Arts & Social Sciences Representative on Program Committee, MSc Environmental Management (starting January 2020)

Prior Academic Positions

Assistant Professor, Kellogg School of Management, Northwestern University, 2005-2013

Research Affiliate, Center for the Study of Industrial Organization, Northwestern University, 2005-2013

Affiliated Faculty Member, Transportation Center, Northwestern University, 2010-2013


cv_salvo.pdf |

Teaching Areas

Currently: “Environmental Economics” and “Environmental Economics & Policy” (Undergraduate), “Empirical Industrial Organization” (PhD)

Previously: “International Business Strategy” (MBA), “Industrial Organization and Antitrust Policy” (Summer School), “Microeconomic Principles II” (Undergraduate)


Graduate Supervision

Advisor to Post-doctoral fellows:

Rhita Simorangkir (2019-2021); Jiaxiu He (2013-2016)

Advisor to PhD students:

Hongyan Li (2019-); Ziqiu Ye (2015-2020); Duong Hai Long (2013-2017); Wang Yi (2013-2017)


Research Interests

Environmental & Energy Economics, Industrial Organization, and Applied Microeconomics in general. My current research falls under the broad theme: “Individual Behavior, the Environment, and Socioeconomic Outcomes.” I study how the behavior and incentives of economic agents, such as households, workers and firms, interact with scarce environmental resources, such as air, water and roads. Several current projects relate to households’ awareness of the climate crisis, carbon literacy, and individual action. As my publications indicate, I collaborate across disciplines, including atmospheric sciences and environmental health. My recent work focuses on Asia’s under-studied and globally critical environment and society.


Publications

WORKING PAPERS

  • “Offices, Malls, and Parks Provide Heat Relief in the Rich Urban Tropics,” with Eric Fesselmeyer, Haoming Liu, and Rhita Simorangkir (Under Review)
  • “Willingness to Fight on: Environmental Valuation in Dynamic Competitions,” with Haoming Liu and Jingfeng Lu (Revise & Resubmit)

JOURNAL ARTICLES

  • Chew, S. H., H. Liu, and A. Salvo (2021). “Adversity-Hope Hypothesis: Air Pollution Raises Daily Lottery Demand in China,” Journal of Risk and Uncertainty, forthcoming.

    Material for replication will be published along with the paper.

  • Fesselmeyer, E., H. Liu, and A. Salvo (2020). “Declining Discount Rates in Singapore’s Market for Privately Developed Apartments,” Journal of Applied Econometrics, forthcoming

    Material for replication is available on the JAE website at http://qed.econ.queensu.ca/jae/datasets/fesselmeyer001/

  • Chu, J., H. Liu, and A. Salvo (2020). “Air Pollution as a Determinant of Food Delivery and Related Plastic Waste,” Nature Human Behaviour, October 19, pp. 1-14, DOI 10.1038/s41562-020-00961-1

    Full-text access to view-only version of the article on SharedIt at https://rdcu.be/b8IVZ

    Replication data and code is available on Dataverse at https://doi.org/10.7910/DVN/ZFP2CC

  • Salvo, A. (2020). “Local Pollution as a Determinant of Residential Electricity Demand,” Journal of the Association of Environmental and Resource Economists, 7(5), pp. 837-872, DOI 10.1086/709533

    Replication data and code is available on Dataverse at https://doi.org/10.7910/DVN/FW0UR8

    This paper won the Journal of the Association of Environmental and Resource Economists’ Best Paper Award for 2020, awarded by the Association of Environmental and Resource Economists.

  • He, J., H. Liu and A. Salvo (2019). “Severe Air Pollution and Labor Productivity: Evidence from Industrial Towns in China,” American Economic Journal: Applied Economics, 11(1), pp. 173-201, DOI 10.1257/app.20170286

    Material for replication is available on the AEJ: Applied website, and anonymized worker logs are available at http://goo.gl/z1JoSW

  • He, J., N. Gouveia and A. Salvo (2019). “External Effects of Diesel Trucks Circulating Inside the São Paulo Megacity,” Journal of the European Economic Association, 17(3), pp. 947-989, DOI 10.1093/jeea/jvy015

    Material for replication is available at http://goo.gl/GG2pgh

  • Salvo, A. (2019). “Electrical Appliances Moderate Households’ Water Demand Response to Heat,” Nature Communications, 9(5408), pp.1-14, DOI 10.1038/s41467-018-07833-3

    To allow approximate verification, water and electricity use data aggregated to usage period by two-digit postal code by apartment type triple are available at https://goo.gl/SdxJ3Y, along with all other data and computer code used to generate published results. Moreover, upon reasonable request, the water and electricity use microdata are available on an NUS Department of Economics (or equivalent institutional) computer to replicate all published results from the deposited computer code.

  • Liu, H. and A. Salvo (2018). “Severe Air Pollution and Child Absences When Schools and Parents Respond,” Journal of Environmental Economics and Management, 92, pp. 300-330, DOI  10.1016/j.jeem.2018.10.003

    The student attendance records are protected through non-disclosure agreements (NDA). Upon reasonable request, the school microdata are accessible on an NUS Department of Economics (or equivalent institutional) computer to replicate all published results from the deposited computer code and other data, available at https://goo.gl/XQiaCu. Please follow the link to also access a sample NDA.

  • Salvo, A. (2018). “Flexible Fuel Vehicles, Less Flexible Minded Consumers: Price Information Experiments at the Pump,” Journal of Environmental Economics and Management, 92, pp. 194-221, DOI 10.1016/j.jeem.2018.08.016

    Material for replication is available at https://goo.gl/CJQiVL

  • Salvo, A.*, J. Brito, P. Artaxo and F. M. Geiger (2017).  "Reduced Ultrafine Particle Levels in São Paulo’s Atmosphere During Shifts from Gasoline to Ethanol Use," Nature Communications, 8(77), pp. 1-14, DOI  s41467-017-00041-5 (*PI and corresponding author).

    Open access (including all review documents) at http://rdcu.be/ugV6 

    Material for replication is available at http://goo.gl/9tNzvj

  • Salvo, A. and Y. Wang (2017). “Ethanol-Blended Gasoline and Ozone Pollution in Urban São Paulo: A Regression Discontinuity Design,” Journal of the Association of Environmental and Resource Economists, 4(3), pp. 731-794, DOI 10.1086/691996

    Material for replication is available at http://goo.gl/IhsgAK or Harvard Dataverse https://doi.org/10.7910/DVN/OD0DW2

  • Eizenberg, A. and A. Salvo (2015). “The Rise of Fringe Competitors In the Wake of an Emerging Middle Class: An Empirical Analysis,” American Economic Journal: Applied Economics, 7(3), pp. 1-39, DOI 10.1257/app.20130104
  • Salvo, A.* and F. M. Geiger (2014). “Reduction in Local Ozone Levels in Urban São Paulo Due to a Shift from Ethanol to Gasoline Use,” Nature Geoscience , 7, pp. 450-458, DOI 10.1038/ngeo2144 (*PI and corresponding author).

    Material for replication is available at http://bit.do/salvo_geiger_data 

    All critiques the authors have received to date, as well as their rebuttals, are available at http://goo.gl/yvhXT2 

    The article was featured in the journal edition’s cover and commented in the accompanying “News and Views” by S. Madronich (2014). “Atmospheric Chemistry: Ethanol and Ozone,” Nature Geoscience, 7, pp. 395-397.

  • Salvo, A. and C. Huse (2013). “Build It, But Will They Come? Evidence from Consumer Choice between Gasoline and Sugarcane Ethanol,” Journal of Environmental Economics and Management, 66, pp. 251-279, DOI 10.1016/j.jeem.2013.04.001
  • Deltas, G., A. Salvo and H. Vasconcelos (2012). “Consumer-Surplus-Enhancing Collusion and Trade,” RAND Journal of Economics, 43(2), pp. 315-328, DOI 10.1111/j.1756-2171.2012.00167.x
  • Salvo, A. and C. Huse (2011). “Is Arbitrage Tying the Price of Ethanol to that of Gasoline? Evidence from the Uptake of Flexible-Fuel Technology,” Energy Journal, 32(3), pp. 119-148, DOI 10.5547/ISSN0195-6574-EJ-Vol32-No3-5
  • Salvo, A. (2010). “Inferring Market Power under the Threat of Entry: The Case of the Brazilian Cement Industry,” RAND Journal of Economics, 41(2), pp. 326-350, DOI 10.1111/j.1756-2171.2010.00102.x

    An earlier version of this paper won an Antitrust Policy Award from the Brazilian Ministry of the Treasury in November 2007.

  • Salvo, A. (2010). “Trade Flows in a Spatial Oligopoly: Gravity Fits Well, But What Does it Explain?,” Canadian Journal of Economics, 43(1), pp. 63-96, DOI 10.1111/j.1540-5982.2009.01564.x

    This paper won the Robert Mundell prize for the best article by a young economist published in 2010 in the Canadian Journal of Economics, awarded by the Canadian Economics Association.

  • Salvo, A. (2010). “Sequential Cross-border Mergers in Models of Oligopoly,” Economica, 77(306), pp. 352-383, DOI 10.1111/j.1468-0335.2008.00754.x
  • Salvo, A. (2009). “Cut-throat Fringe Competition in an Emerging Country Market: Tax Evasion or the Absence of Market Power?,” Journal of Industrial Economics, 57(4), pp. 677-711, DOI 10.1111/j.1467-6451.2009.00400.x

    This paper won a Young Economists’ Essay Award from the European Association for Research in Industrial Economics, in 2007.

  • Salvo, A. and D. F. Spulber (2006). “Cemex: International Market Maker in Cement.” Journal of Strategic Management Education, 3, pp. 1-24

SUPPLEMENTARY MATERIALS

  • Fesselmeyer, E., H. Liu, and A. Salvo (2020). “Declining Discount Rates in Singapore’s Market for Privately Developed Apartments”
  • Salvo, A. (2020). “Local Pollution as a Determinant of Residential Electricity Demand”
  • He, J., H. Liu and A. Salvo (2019). “Severe Air Pollution and Labor Productivity: Evidence from Industrial Towns in China”
  • Eizenberg, A. and A. Salvo (2015). “The Rise of Fringe Competitors In the Wake of an Emerging Middle Class: An Empirical Analysis”
  • Salvo, A.* and F. M. Geiger (2014). “Reduction in Local Ozone Levels in Urban São Paulo Due to a Shift from Ethanol to Gasoline Use”
  • Salvo, A. and C. Huse (2011). “Is Arbitrage Tying the Price of Ethanol to that of Gasoline? Evidence from the Uptake of Flexible-Fuel Technology”
  • Salvo, A. (2010). “Inferring Market Power under the Threat of Entry: The Case of the Brazilian Cement Industry”
  • Salvo, A. (2009). “Cut-throat Fringe Competition in an Emerging Country Market: Tax Evasion or the Absence of Market Power?”

CHAPTERS IN BOOKS

  • Deltas, G., A. Salvo and H. Vasconcelos (2012). “Social-Welfare-Enhancing Collusion and Trade.” In: Recent Advances in the Analysis of Competition Policy and Regulation, edited by Joseph E. Harrington, Yannis Katsoulacos, and Pierre Regibeau, pp. 140-160. Elgar Publishing
  • Huse, C. and A. Salvo (2006). “Estimation and Identification of Demand and Supply.” In: Quantitative Methods Applied to Antitrust and Regulation, edited by Eduardo P. S. Fiuza and Ronaldo Seroa da Motta (Instituto de Pesquisa Econômica Aplicada, IPEA), pp. 23-151. Brasília: SDE (Ministry of Justice) [In Portuguese]

PUBLISHED REPORTS

  • Salvo, A. (2008). “A Cautionary Note on the Applicability of the Bresnahan-Lau Framework.” Revista de Direito da Concorrência, 18 (special edition on cartels), pp. 11-59 [In Portuguese, prepared for the Administrative Council for Economic Defense—CADE, Brazilian Ministry of Justice]

Other Information

University/Departmental Service

2020-: Associate Director, Global Asia Institute

2020-: Faculty of Arts & Social Sciences Representative on Program Committee, MSc Environmental Management

2019-: Senior Search Committee, NUS Economics

2018-, 2015-2016: Junior Search Committee, NUS Economics

2014-: Singapore Centre for Applied and Policy Economics (SCAPE), NUS Economics

2014-: Environment Research Cluster Steering Committee, NUS

2014-2018: Examination Matters Committee, Level 3000/Applied Economics Coordinator, NUS Economics

2014-2016: Research Committee, NUS Economics

2008-2009, 2011-2012: Co-organizer of the Strategy seminar, Northwestern Kellogg

External Affiliations

2021-: Editorial Council member, Journal of Environmental Economics and Management (JEEM)

2018-2020: External affiliated faculty member, Cornell Institute for China Economic Research, Cornell University


Writing in the popular press

TODAY, 1/22/2019, When both the rich and poor feel the heat from climate change.

Straits Times, 7/8/2015, Ask: NUS Economists, joint with Jiaxiu He: Making healthy transport policies: Can transport policy reduce pollution and improve health outcomes?

Straits Times, 4/8/2015, Ask: NUS Economists, joint with Eric Fesselmeyer and Haoming Liu: Using property prices to guide climate change policies.

Straits Times, 6/5/2014, Ask: NUS Economists, joint with Dennis Tan: Multilateral approach to abating regional haze still apt.

Recent media coverage

International Business Times, 10/20/2020, by A. Chan: How Air Pollution Can Increase Food Deliveries, Plastic Waste

Channel NewsAsia, First Look Asia (live breakfast news), 1/10/2019: Severe air pollution affects worker productivity

Straits Times, 1/3/2019, by J. Seow: Prolonged exposure to air pollution lowers worker productivity: NUS study

TODAY, 1/3/2019, by Wong Pei Ting: Feeling less productive? Blame it on the air: NUS study

Market Business News, 1/3/2019, by V. Cruz: Severe air pollution undermines worker productivity, study finds

Straits Times (print Home section, page B2), 12/21/2018, by F. Choo: Poorer families use more water to keep cool: Study

Business Insider Singapore, 12/21/2018, by S. Lim: When Singapore heats up, poorer households use more water, richer ones turn up the air-con: Study

Berita Harian (page 14), 12/21/2018: Golongan berpendapatan rendah guna banyak air semasa cuaca panas: Kajian

Tamil Murasu (page 3), 12/21/2018: Poorer families use more water to keep cool: Study

Lianhe Zaobao (page 7), 12/21/2018, by Yang Yang: 研究:天气热时  低收入者多用水降温高收入家庭耗电更

TODAY, 12/20/2018, by Wong Pei Ting: Beat the heat: More affluent households turn on air-con, lower-income ones use water

Straits Times (online), 12/20/2018, by F. Choo: Poorer households use more water to beat heat while richer ones turn up air-con, study finds

Capital 95.8FM, 12/20/2018: 调查: 炎热天气下 收入较高家庭耗电量增加

O Estado de S.Paulo, 4/27/2018, by H. Escobar and P. Felix: Abertura de Rodoanel não alivia trânsito, mas melhora condições de saúde em São Paulo

Revista Valor Econômico, 4/27/2018, by D. Chiaretti: Com menos veículos a diesel na rua, internações caem 10% em São Paulo

Jornal da Ciência (Agência Fapesp), 8/1/2017, by K. Toledo: Estudo mostra que o uso de etanol nos veículos reduz a poluição por nanopartículas

TV Globo, Jornal Nacional (Brazil’s main 8pm news), 7/28/2017: Usar etanol em vez de gasolina reduz emissão de nanopartículas, diz estudo

Istoé, 7/18/2017: Estudo expõe risco da troca do etanol em São Paulo

Jornal da USP, 7/17/2017: Uso de etanol em veículos reduz a emissão de nanopartículas em São Paulo

Estadão, Blog Ambiente-se, 7/17/2017: Troca de etanol por gasolina piora poluição do ar em São Paulo

Época, Blog do Planeta, 7/17/2017: Quando o preço da gasolina cai, a poluição do ar sobe

Northwestern University Strategic Plan Progress Report 2015, Other Accomplishments of Note, p.4: Effects of Behavior at the Pump (only Kellogg research to feature in the Report)

Chemical & Engineering News (American Chemical Society), May 2014, Vol. 92, Issue 18, p.26: Ethanol Fuels Ozone Increase

Los Angeles Times, 5/1/2014, by N. Banerjee: Switch from Gasoline to Ethanol Linked to Higher Ozone Levels

Folha de S.Paulo, 4/29/2014, by R. Garcia: Álcool bate gasolina na emissão de poluente ozônio em SP, indica estudo

Servicio de Información y Noticias Científicas (SINC), 4/29/2014, by S. Bailén: El uso de etanol en lugar de gasolina aumenta la contaminación por ozono en São Paulo

Spiegel Online, 4/29/2014: Smog in Brasilien: Biotreibstoff steigert Ozonbelastung in São Paulo

Nature, News, 4/28/2014, by M. Peplow: Ethanol fuels ozone pollution: Shifts in use between petrol and ethanol in São Paulo’s cars creates unique atmospheric chemistry experiment, reproduced in Scientific American, 4/30/2014

Fast Company, 10/15/2012: Major Companies Start To Think Local Abroad

Morningstar, 8/27/2012: Buying Behaviors of Emerging Middle Classes

Wall Street Journal (Ideas Market blog), 7/25/2012: At the End of the Day

Financial Times, 7/13/2012: Something for the Weekend

HBR Blog, 7/11/2012: The Curious Case of the Emerging Middle Class

HBR’s Morning Advantage, 7/5/2012: How to Win over Developing-World Shoppers

Science, April 2012, Vol. 336, No. 6079, pp. 292-293: Biofuels and City Air: A Marginal Effect


Last Modified: 2021-06-04         Total Visits: 12843