Hunt Allcott is an Assistant Professor of Economics at New York University (NYU) and a Faculty Research Fellow at the National Bureau of Economic Research (NBER). He is a Scientific Director of ideas42, a think tank that applies insights from psychology and economics to business and policy design problems; an Affiliate of J-PAL, a network of researchers who use randomised evaluations to answer critical policy questions in the fight against poverty; and a Faculty Affiliate of E2e, a group of economists, engineers, and behavioural scientists focused on evaluating and improving energy efficiency policy. He is also a Contributing Author of the Intergovernmental Panel on Climate Change Fifth Assessment Report. According to a recent article in the American Economic Journal, Prof. Allcott is one of the top five most-cited economists who have completed a Ph.D. after 2005. Prof. Allcott holds a Ph.D. from Harvard University and a B.S. and M.S. from Stanford University. Before coming to NYU, he was the Energy and Society Fellow in the Massachusetts Institute of Technology (MIT) Economics Department and the MIT Energy Initiative. During academic year 2013-2014, he was a visiting professor at Berkeley, Stanford, and the University of Chicago. He has also worked in the private sector as a consultant with Cambridge Energy Research Associates, and in international development as a consultant to the World Bank. Prof. Allcott is an applied microeconomist who studies topics in environmental and energy economics, industrial organisation, behavioural economics, and development microeconomics. He uses a variety of tools, including both structural and reduced form econometrics, applied theory, and randomised field experiments.
How do electricity shortages affect industry in India?
25 Nov 2016
Poor electricity supply is widely recognised as a key impediment to firm growth and productivity. This column finds that average reported level of electricity shortages in India reduces annual plant revenues and producer surplus of the average manufacturing plant by 5-10%. While productivity losses are smaller, shortages distort plant size distribution due to significant economies of scale in generator costs.
read on »