Hello! I am an applied economist with research interests in energy, environmental, and natural resource economics.

Working Papers

Second-best carbon taxation in a differentiated oligopoly

Diego S. Cardoso (Revise and resubmit) (working paper)

Sanctioning an exporter wielding market power without excessively raising the price buyers pay

Stephen Salant, Diego S. Cardoso, and Julien Daubanes (Under review) (working paper)

Do markets price the sensitivity of economic oil reserves?

Saraly Andrade de Sá, Diego S. Cardoso, and Julien Daubanes

A global trade model calibrated to the USDA Baseline Agricultural Projections

Manuel Jimenez, Diego S. Cardoso, Hao Xiong, and Russell Hillberry

Hurricane hunters and economic value of hurricane forecasting augmented observations

Diego S. Cardoso, Mark DeMaria, Brian McNoldy, Renato Molina, David Nolan, and Ivan Rudik

Peer-Reviewed Publications

The dynamics of evasion: The price cap on Russian crude exports and the amassing of the shadow fleet

Diego S. Cardoso, Stephen Salant, and Julien Daubanes (Forthcoming at the American Economic Journal: Economic Policy) (paper) (working paper) (research brief)

The economic value of reducing avoidable mortality

Angela Chang, Gretchen Stevens, Diego S. Cardoso, Bochen Cao, and Dean Jamison (2024). Nature Medicine. 30(11):3327–3334 (paper) (abstract)

The economic value of reducing mortality due to non-communicable diseases and injuries

Stéphane Verguet, Sarah Bolongaita, Angela Chang, Diego S. Cardoso, and Gretchen Stevens (2024). Nature Medicine. 30(11):3335–3344 (paper) (abstract)

Calculating the economic value of non-marginal mortality risk reductions

Diego S. Cardoso and Ricardo Dahis. (2024). Economics Letters. 237:111673. (paper) (working paper) (abstract)

Spatial heterogeneity in hedonic price effects for lake water quality

Kristen Swedberg, Diego S. Cardoso, Adriana Castillo-Castillo, Saleh Mamun, Kevin J. Boyle, Christoph Nolte, Michael Papenfus, and Stephen Polasky. (2024). Land Economics. 100(1):89-108. (paper) (abstract)

Valuing water quality in the US using a national data set on property values

Saleh Mamun, Adriana Castillo-Castillo, Kristen Swedberg, Jiarui Zhang, Kevin J. Boyle, Diego S. Cardoso, Catherine L. Kling, Christoph Nolte, Michael Papenfus, Daniel Phaneuf, and Stephen Polasky. (2023). Proceedings of the National Academy of Sciences. 120(15):e2210417120. (paper) (abstract)

Water affordability in the United States

Diego S. Cardoso and Casey J. Wichman. (2022). Water Resources Research. 58, e2022WR032206 (paper) (working paper) (abstract)

Reduced river discharge under climate change impairs electricity generation and the economic feasibility of future Amazon hydropower

Rafael M. Almeida, Ayan S. Fleischmann, João P. F. Brêda, Diego S. Cardoso, Hector Angarita, Walter Collischonn, …, Alexander S. Flecker. (2021). Global Environmental Change. 71:102383. (paper) (abstract)

An econometric analysis of the Brazilian merger policy

Diego S. Cardoso, Mariusa M. Pitelli, and Adelson M. Figueiredo. (2021). Review of Industrial Organization. 59:103–132. (paper) (abstract)

An agent-based platform for the study of watersheds as coupled natural and human systems

Leigh Tesfatsion, Chris R. Rehmann, Diego S. Cardoso, Yu Jie, and William J. Gutowski. (2017). Environmental Modelling & Software. 89:40-60. (paper) (pre-print) (code)

Selected work in progress

Climate Smart Sustainable Aviation Fuel Policies: Social Welfare and Environmental Impacts

with Sohyeon Ryu and Madhu Khanna

Fuel cost pass-through in commercial aviation

with Yongjoon Park

Government ceilings on the price charged by the domestic exporter as an instrument of strategic trade policy

with Stephen Salant and Julien Daubanes

Supply response to oil production taxes: Evidence from the US royalty relief program

with Julien Daubanes, Erik Katovich, and Pritam Saha

The benefits and costs of agricultural R&D as climate mitigation: an integrated welfare analysis

with Thomas Hertel, Srabashi Ray, and Iman Haqiqi

Biofuel Policies and Sustainable Global Trade

with Nicole Rennó Castro and Fernando Salgueiro Perobelli

Other Publications

Book chapters

• Chang, A. Y., Stevens, G. A., Cardoso, D. S., Cao, B., & Jamison, D. T. (2024). The Economic Value of Avoidable Mortality. In Unlocking the Power of Healthy Longevity: Compendium of Research for the Healthy Longevity Initiative (pp. 84-103). World Bank. (Download)
• Verguet, S., Bolongaita, S., Chang, A. Y., Cardoso, D. S., & Stevens, G. A. (2024). The Economic Value Associated with Avoidable Mortality. In Unlocking the Power of Healthy Longevity: Compendium of Research for the Healthy Longevity Initiative (pp. 104-122). World Bank. (Download)