Overview

Applied Econometrics is concerned with providing a basis for reasoning and learning from samples of economic data. To provide a basis for processing and recovering information from samples of economic data applied econometrics is grounded in probability theory and the principles of estimation and statistical inference. Applied Econometrics, like economic theory, is basic to the pursuit of knowledge in the various subject areas of Agriculture and Resource Economics. Consequently, an applied econometrics component is encouraged in the course and research program of every student. From a historical perspective, econometrics was started on the Berkeley campus by ARE faculty in the 1940's. Building on this legacy, a vigorous teaching and research program in Applied Econometrics evolved and this field emphasis continues today.

Empirical Paper

A major component of the ARE doctoral program is the second-year Empirical Paper. The best paper wins the Sidney Hoos Award.

Faculty

	Max Auffhammer Fields: Forecasting, time series analysis, spatial modelling, zero-inflated models. Applications of econometrics to environmental and natural resource problems in the developing country context.
	Michael Anderson Fields: Applied econometrics, with particular emphasis on causality and the evaluation of social programs.
	George Judge Fields: Improved methods of estimation and inference, recovering information from ill posed underdetermined inverse problems, combining estimation problems and ecological inference.
	Ethan Ligon Fields: Cross-sectional dependence, with applications involving the provision of incentives and the sharing of risk.
	Jeffrey M. Perloff Fields: Developing new maximum entropy procedures; applying econometrics to labor and industrial organization problems.
	Gordon C. Rausser Fields: Financial econometric applications to contract markets (futures, forwards, and derivatives), and econometric applications to political causal mechanisms.
	Sofia Berto Villas-Boas Fields: Applied Econometrics, multi-category discrete choice modelling.

Past Student Placements