The Oxford Handbook of Land Economics

What do economists know about land-and how they know? The Oxford Handbook of Land Economics describes the latest developments in the fields of economics that examine land, including natural resource economics, environmental economics, regional science, and urban economics. The handbook argues, first, that land is a theme that integrates these fields and second, that productive integration increasingly occurs not just within economics but also across disciplines. Greater recognition and integration stimulates cross-fertilization among the fields of land economics research. By providing a comprehensive survey of land-related work in several economics fields, this handbook provides the basic tools needed for economists to redefine the scope and focus of their work to better incorporate the contemporary thinking from other fields and to push out the frontiers of land economics.The first section presents recent advances in the analysis of major drivers of land use change, focusing on economic development and various land-use markets. The second section presents economic research on the environmental and socio-economic impacts of land use and land use change. The third section addresses six cutting-edge approaches for land economics research, including spatial econometric, simulation, and experimental methods. The section also includes a synthetic chapter critically reviewing methodological advances. The fourth section covers policy issues. Four chapters disentangle the economics of land conservation and preservation, while three chapters examine the economic analysis of the legal institutions of land use. These chapters focus on law and economic problems of permissible government control of land in the U.S. context.

List of ContributorsForeword - Daniel W. BromleyPreface - Joshua M. Duke and JunJie WuIntroduction: Land as an Integrating Theme in Economics - Joshua M. Duke and JunJie WuPART I. DETERMINANTS AND DRIVERS OF LAND USE CHANGE1. Integrating Regional Economic Development Analysis and Land Use EconomicsMark D. Partridge and Dan S. Rickman2. Technology Adoption and Land UseDavid Zilberman, Madhu Khanna, Scott Kaplan, and Eunice Kim3. Are Large Metropolitan Areas Still Viable?Edwin S. Mills4. Modeling the Land Use Change with BiofuelsMadhu Khanna, David Zilberman, and Christine L. Crago5. Modeling the Determinants of Farmland Values in the U.S.Cynthia J. Nickerson and Wendong Zhang6. Land Use and Sustainable Economic Development: Developing WorldEdward B. BarbierPART II. ENVIRONMENTAL AND SOCIO-ECONOMIC CONSEQUENCES OF LAND USE AND LAND USE CHANGE7. The Economics of Wildlife ConservationDavid J. Lewis and Erik Nelson8. Connecting Ecosystem Services to Land Use: Implications for Valuation and PolicyRobert J. Johnston, Stephen K. Swallow, Dana Marie Bauer, Emi Uchida, and Christopher M. Anderson9. Land Use and Climate ChangeBruce A. McCarl, Witsanu Attavanich, Mark Musumba, Jianhong E. Mu, and Ruth Aisabokhae10. Land Use, Climate Change, and Ecosystem ServicesWitsanu Attavanich, Benjamin S. Rashford, Richard M. Adams, and Bruce A. McCarl11. Fire: An Agent and a Consequence of Land Use ChangeClaire A. Montgomery12. Land Use and Municipal ProfilesEdward Stone and JunJie WuPART III. METHODOLOGICAL DEVELOPMENTS13. An Assessment of Empirical Methods for Modeling Land UseElena G. Irwin and Douglas Wrenn14. Equilibrium Sorting Models of Land Use and Residential ChoiceH. Allen Klaiber and Nicolai V. Kuminoff15. Landscape Simulations with Econometric-Based Land-Use ModelsAndrew J. Plantinga and David J. Lewis16. An Economic Perspective on Agent-Based Models of Land-Use and Land-Cover ChangeDawn Cassandra Parker17. Spatial Econometric Modeling of Land Use ChangeSeong-Hoon Cho, Seung Gyu Kim, and Roland K. Roberts18. Using Quasi-Experimental Methods to Evaluate Land Policies: Application to Maryland's Priority Funding LegislationCharles Towe, Rebecca Lewis, and Lori Lynch19. Applying Experiments to Land Economics: Public Information and Auction Efficiency in Ecosystem Service MarketsKent D. Messer, Joshua M. Duke, and Lori LynchPART IV. THE ECONOMICS OF LAND USE LAW AND POLICY20. Open Space Preservation: Direct Controls and Fiscal IncentivesEkaterina Gnedenko and Dennis Heffley21. Land Conservation in the United StatesJeffrey Ferris and Lori Lynch22. European Agri-Environmental Policy: The Conservation and Re-Creation of Cultural LandscapesIan Hodge23. Agri-Environmental Policies: A Comparison of U.S. and E.U. ExperiencesRoger Claassen, Joseph Cooper, Cristina Salvioni, and Marcella Veronesi24. Stigmatized Sites and Urban Brownfield RedevelopmentJoel B. Eisen25. Regulatory TakingsThomas J. Miceli and Kathleen Segerson26. Eminent Domain and the Land Assembly ProblemJoshua M. Duke27. Future Research Directions in Land EconomicsJoshua M. Duke and JunJie Wu