Max Heinze

Economics PhD Student @ WU Vienna
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Research

Downstream Impacts of Mines on Agriculture in Africa

Vashold, L., Pirich, G., Heinze, M., & Kuschnig, N. (2026). Journal of Development Economics, 179, 103671.

Abstract. Mining operations in Africa are expanding rapidly, creating negative externalities that remain poorly understood. In this paper, we provide causal evidence for the impact of water pollution from mines on downstream vegetation and agriculture across the continent. We exploit a natural experiment, where mines cause a discontinuity in water pollution along river networks, to compare vegetation health in upstream and downstream locations. We find that mines significantly reduce peak vegetation downstream by 1.3–1.5%, impairing the productivity of over 74,000 km² of croplands. These reductions correspond to annual losses of 91,000–205,000 tons of cereal crops in the immediate vicinity alone, with particularly severe effects in fertile regions and areas where gold mining predominates. Our findings highlight substantial externalities of mining and demonstrate an urgent need for oversight and regulation.

View Paper View Repo Slides

Teaching

Econometrics I

Summer 2025, Summer 2026

Module 00: Preliminaries · View German Slides · View English Slides

Module 0: Formalities · View German Slides · View English Slides

Module 1: Introduction · View German Slides · View English Slides

Module 2: Simple Linear Regression · View German Slides · View English Slides

Module 3: Multiple Linear Regression · View German Slides · View English Slides

Module 4: Testing and Inference · View German Slides · View English Slides

Module 5: More on Multiple Regression · View German Slides · View English Slides

Module 6: Heteroskedasticity · View German Slides · View English Slides

Econometrics II

Winter 2025/26, Winter 2026/27

Module 00: Preliminaries · View Slides

Module 0: Formalities · View Slides

Module 1: Statistical Learning and the Role of Econometrics · View Slides

Module 2: Causality and DAGs · View Slides

Module 3: Threats to Causal Identification · View Slides

Module 4: Instrumental Variables · View Slides

Module 5: Non-Linear Models and Maximum Likelihood · View Slides

Module 6: More Identification Strategies · View Slides

Note that the first part of Slide Set 2, as well as Slide Sets 3 and 5 were created by Sannah Tijani.

Econometrics III / Applied Econometrics

Summer 2026

Module 00: Preliminaries · View Slides

Module 0: Formalities · View Slides

Module 1: Time Series and Autocorrelation · View Slides

Module 2: Panel Data and Further Issues · View Slides

Note that roughly the first half of each slide set was created by Sannah Tijani.

Development Economics: Research and Policy Seminar

Summer 2026

Syllabus

International Macroeconomics

Winter 2024/25

Syllabus

Side Projects

Interactive Charts for Teaching Introductory Macroeconomics

Charts of introductory macroeconomic models (based on the textbook by Blanchard) with interactive sliders, created with GeoGebra and available in English and German.

Open charts

Beamer Template

The (messy) LaTeX Beamer template I use for slides.

Open on Overleaf

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