Christopher R. Knittel

Associate Professor of Economics
Chancellor's Fellow

Phone: (530) 302-1032
Fax: (530) 752-9382
Address: University of California, Davis
Department of Economics
One Shields Ave
Davis, CA 95616
E-mail: crknittel@ucdavis.edu
Photo of me

Introducing Caiden Andrew Knittel!!

Important Links

 

Vita: pdf 

UCD Economics Home

UCD Home

Research Links:
NBER WPs
SSRN
 
Teaching

Grad IO

Applied Micro Seminar

Research in
Resource Economics
 
Distractions:
Photography
 Steelers
 Oakland As
 

 

 
 


"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

Bio

Christopher Knittel joined the faculty at UC Davis in 2002, having taught previously at Boston University from 1999 to 2002. In 2008, Professor Knittel was one of five faculty members at UC Davis named as a Chancellor's Fellow. 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 industrial organization, environmental, 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, a visiting Research Associate at the University of California Energy Institute and a faculty associate of the Institute of Transportation at UC Davis. Professor Knittel is an associate editor of The American Economic Journal -- Economic Policy, The Journal of Industrial Economics and Journal of Energy Markets. His research has appeared in The American Economic Review, The Review of Economics and Statistics, The Journal of Industrial Economics, The Energy Journal and other academic journals.


Publications

"Greenhouse Gas Reductions under Low Carbon Fuel Standards?," joint with Stephen P. Holland (UNC) and Jonathan E. Hughes (ITS, UC Davis). Forthcoming in The American Economic Journal: Economic Policy.
Paper in PDF Format, Matlab Code

"How Does Incompatibility Affect Prices?: Evidence from ATMs," joint with Victor Stango (Dartmouth). Forthcoming in The Journal of Industrial Economics.
Paper in PDF Format

"Inefficiencies and Market Power in Financial Arbitrage: A Study of California's Electricity Markets," joint with Severin Borenstein (UCB, Haas), James Bushnell (UCEI), and Catherine Wolfram (UCB, Haas). The Journal of Industrial Economics, LVI(2), June 2008, pp 347-378.
Paper in PDF Format

"Diagnosing Unilateral Market Power in Electricity Reserves Market," joint with Konstantinos Metaxoglou (Bate White LLC). Journal of Energy Markets, 1(1), Spring 2008.
Paper in PDF Format

"Incompatibility, Product Attributes and Consumer Welfare: Evidence from ATMs," joint with Victor Stango (Dartmouth). BE Journal of Economic Analysis and Policy, Vol. 8 : Iss. 1 (Advances), 2008, Article 1.
Paper in PDF Format

"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)).
Paper in PDF Format


"Evidence of a Shift in the Short-Run Price Elasticity of Gasoline Demand," joint with Jonathan E. Hughes (ITS, UC Davis) and Daniel Sperling (ITS, UC Davis). The Energy Journal, 29(1), January 2008. 
Paper in PDF Format

"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.
Paper in PDF Format

"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. 
Paper in PDF Format

"The Adoption of State Electricity Regulation: The Role of Interest Groups," The Journal of Industrial Economics, LIV(2), June 2006.
Paper in PDF Format


"An Empirical Examination of Deregulated Electricity Prices," Energy Economics, 27(5), September 2005, pp. 791-817. (Joint with Michael Roberts (U of Penn, Wharton)).
Paper in PDF Format

"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.
Paper in PDF Format

"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 (Dartmouth)).
Paper in PDF Format

"Market Structure and the Pricing of Electricity and Natural Gas," The Journal of Industrial Economics, LI(2), June 2003, pp. 167-192.
Paper in PDF Format

"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.
Paper in PDF Format

"Market Power in Electricity Markets: Beyond Concentration Measures," The Energy Journal, 20(4), October 1999. (Joint with Severin Borenstein (UCB, Haas) and James Bushnell (UCEI)). 
Paper in PDF Format

"Interstate Long Distance Rates: Search Costs, Switching Costs and Market Power," The Review of Industrial Organization, 12(4), August 1997.
Paper in PDF Format  


Available Working Papers

"Estimation of Random Coefficient Demand Models: Challenges, Difficulties and Warnings," joint with Konstantinos Metaxoglou (Bates and White). In submission. Paper in PDF Format, Code and data associated with paper

"Sacred Cars: Optimal Regulation of Stationary and Non-stationary Pollution Sources," joint with Meredith Fowlie (U of Mich) and Catherine Wolfram (UCB, Haas). Paper in PDF Format

"Pain at the Pump: How Gas Prices Affect Automobile Purchasing," joint with Meghan Busse (Northwestern) and Florian Zettelmeyer (Northwestern). Very Preliminary Draft in PDF Format.

"The Productivity Benefits of IT Outsourching," joint with Victor Stango (UC Davis GSM) Paper in PDF Format

"Tacit Collusion in the Presence of Cyclical Demand and Endogenous Capacity Levels," joint with Jason Lepore (Cal Poly).  Second set of revisions requested from The International Journal of Industrial Organization. Paper in PDF Format

"Strategic Incompatibility in ATM Markets," joint with Victor Stango (UC Davis GSM). Revisions requested fromThe International Journal of Industrial Organization.  Paper in PDF Format

"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).  Paper in PDF Format


Recent Regulatory Filings

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.


Work in Progress

Complementary Good Prices and Choice Sets: Evidence from Automobiles, joint with Meghan Busse (UCB, Haas) and Florian Zettelmeyer (UCB, Haas)

IT Outsourcing, Mergers and Industry Exit (with Victor Stango)

Pharmaceuticals, Patents and Health Outcomes (with Peter Huckfeldt)

Traffic and Infant Health (with Douglas Miller and Nick Sanders)

Entry in Retail Gasoline and Ethanol Markets: What Drives the Size of a Market?

Corn Farmers and Ethanol Refiners: Network Externalities, Indirect Land Use Changes and Food for Fuel (with Dave Rapson)

Price Ceilings in Electricity Markets (with Victor Stango)

Industry Dynamics in ATM Network Markets (with Victor Stango)

Durables and Changes in Software: Implications for Price Indexes and Software Firm Incentives (with Robert Feenstra)


Recent Media Cites

Print: Alameda Times-Star, Arizona Daily Star, Argus, ATMmarketplace.com, Austin-American Statesman, Boston Globe, Buffalo News, California Aggie, Contra Costa Times, PE.com, bankrate.com, marketwatch.com, Crain’s Business Report (New York), Credit Card Magazine, Kiosk Marketplace News, LA Observed, LA Times, International Herald Tribune, Northwestern Herald, Oakland Tribune, Oregonian, Philadelphia Inquirer, Providence Journal, New York Times, Sacramento Bee, Salon.com, San Diego Union Tribune, Salt Lake Tribune, St. Petersburg Times, San Diego Union Tribune, SF Chronicle, San Mateo County Times, Santa Rosa Press Democrat, Sarasota Herald-Tribune, Scripps News (DC), Tuscaloosa News Sun Herald, Quad City News (Iowa), Winston-Salem Journal, Worcester Telegram

Radio:  KQED’s “Forum”, KXJZ, KFBK, KUOP, KCBS, KNX, WHYY with Marty Moss-Coane, WPR with Kathleen Dunn, Bloomberg Radio, Lambasted by Rush Limbaugh

Television: KCRA-3, CBS-13 Sacramento, NBC Nightly News, ABC World News, CBS Evening News, ABC Good Morning America