Aaron Smith
Professor
Agricultural and Resource Economics
The University of California Davis
United States of America
Biography
Aaron Smith is a Professor of Agricultural and Resource Economics at the University of California, Davis, where he has been since 2001. Originally from New Zealand, he earned his PhD in Economics from the University of California, San Diego. His research addresses trading and price dynamics in commodity and financial derivatives markets. Recent project topics include identifying informed traders in commodity futures markets, estimating the effects of ethanol production on agricultural and energy markets, and explaining recent failures of grain futures markets to accurately price the underlying commodity. His research has been published in The Review of Economics and Statistics, the Journal of Econometrics, the American Journal of Agricultural Economics and other academic journals.
Research Interest
Econometrics; Commodity Markets; Finance; Energy
Publications
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Making Good Climate Policy: Three Lessons from the Renewable Fuel Standard, June 2016.
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Commodity Storage and the Market Effects of Biofuel Policies (with Colin Carter and Gordon Rausser), American Journal of Agricultural Economics, forthcoming, 2017.
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Ex Post Costs and Renewable Identification Number (RIN) Prices under the Renewable Fuel Standard (with Gabriel Lade and Cynthia Lin-Lawell), June 2015.
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Cars on Crutches: How Much Abatement Do Smog Check Repairs Actually Provide? (with Pierre Mérel, Jeffrey Williams, and Emily Wimberger), Journal of Environmental Economics and Management, 67(3): 371-395, 2014.
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Efficiency of the California Electricity Reserves Market, (with Konstantinos Metaxoglou), Journal of Applied Econometrics, 22(6): 1127-1144, 2007.
