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Land Economics 
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ISSN (Print) 0023-7639 - ISSN (Online) 1543-8325
Published by University of Wisconsin Press
[11 journals]
[4 followers] Follow Subscription journalISSN (Print) 0023-7639 - ISSN (Online) 1543-8325
Published by University of Wisconsin Press
[11 journals]- The Effects of Growth Management on the Spatial Extent of Urban Development, Revisited
- Abstract: <p>By Kurt Paulsen</p>
Across the United States, some regions and states, concerned to limit "sprawl," have adopted various efforts to control the outward spatial expansion of urban land development. The suite of policies, programs, incentives, and regulations adopted by regions and states has been called by many names, most often "growth management" or "smart growth." These interventions into regional land markets, classified as "urban containment programs" by Pendall, Martin, and Fulton (2002) and Nelson and Dawkins (1999), can take the form of strong urban growth boundaries, such as in Portland, or more accommodating urban service area boundaries. Policies can be adopted by a regional entity or mandated by state law. The strength of ... <a href="http://muse.jhu.edu/journals/land_economics/v089/89.2.paulsen.html">Read More</a>
Keywords: Land use, Urban
PubDate: 2013-03-13T00:00:00-05:00
- Abstract: <p>By Kurt Paulsen</p>
Across the United States, some regions and states, concerned to limit "sprawl," have adopted various efforts to control the outward spatial expansion of urban land development. The suite of policies, programs, incentives, and regulations adopted by regions and states has been called by many names, most often "growth management" or "smart growth." These interventions into regional land markets, classified as "urban containment programs" by Pendall, Martin, and Fulton (2002) and Nelson and Dawkins (1999), can take the form of strong urban growth boundaries, such as in Portland, or more accommodating urban service area boundaries. Policies can be adopted by a regional entity or mandated by state law. The strength of ... <a href="http://muse.jhu.edu/journals/land_economics/v089/89.2.paulsen.html">Read More</a>
- What Do Property Values Really Tell Us? A Hedonic Study of Underground Storage Tanks
- Abstract: <p>By Dennis Guignet</p>
In the absence of markets for environmental quality, researchers rely on nonmarket valuation techniques to estimate the value of environmental amenities and disamenities. One of the most widely used revealed preference approaches is the hedonic property value model, where the value of an environmental commodity is inferred from its impact on house prices. Hedonics is an attractive technique because the method relies on actual market behavior and housing transaction data are readily available.A key practical issue in obtaining valid welfare estimates, however, is whether the measure of environmental quality assumed in the hedonic model reflects what buyers and sellers in the market are actually aware of and care ... <a href="http://muse.jhu.edu/journals/land_economics/v089/89.2.guignet.html">Read More</a>
Keywords: Underground storage tanks
PubDate: 2013-03-13T00:00:00-05:00
- Abstract: <p>By Dennis Guignet</p>
In the absence of markets for environmental quality, researchers rely on nonmarket valuation techniques to estimate the value of environmental amenities and disamenities. One of the most widely used revealed preference approaches is the hedonic property value model, where the value of an environmental commodity is inferred from its impact on house prices. Hedonics is an attractive technique because the method relies on actual market behavior and housing transaction data are readily available.A key practical issue in obtaining valid welfare estimates, however, is whether the measure of environmental quality assumed in the hedonic model reflects what buyers and sellers in the market are actually aware of and care ... <a href="http://muse.jhu.edu/journals/land_economics/v089/89.2.guignet.html">Read More</a>
- Costs of Delaying Conservation: Regulations and the Recreational Values of Exploited and Co-occurring Species
- Abstract: <p>By Leif E. Anderson, S. Todd Lee, Phillip S. Levin</p>
The inadvertent capture and subsequent discard of nontarget species by commercial or recreational fishers is a critical issue for marine resource managers. Recent estimates suggest that 28% of captured fish and invertebrates are discarded in the United States, with values in excess of 50% for some fisheries (e.g., highly migratory species) or regions (e.g., southeastern United States) (Harrington, Myers, and Rosenberg 2005). The incidental bycatch of nontarget species can create changes in ecosystem structure and function through the removal of apex predators, and by increasing mortality rates of at-risk mammals, birds, turtles, and fishes that are long-lived and have low rates of reproduction (Hall, Alverson, and ... <a href="http://muse.jhu.edu/journals/land_economics/v089/89.2.anderson.html">Read More</a>
Keywords: Fishes
PubDate: 2013-03-13T00:00:00-05:00
- Abstract: <p>By Leif E. Anderson, S. Todd Lee, Phillip S. Levin</p>
The inadvertent capture and subsequent discard of nontarget species by commercial or recreational fishers is a critical issue for marine resource managers. Recent estimates suggest that 28% of captured fish and invertebrates are discarded in the United States, with values in excess of 50% for some fisheries (e.g., highly migratory species) or regions (e.g., southeastern United States) (Harrington, Myers, and Rosenberg 2005). The incidental bycatch of nontarget species can create changes in ecosystem structure and function through the removal of apex predators, and by increasing mortality rates of at-risk mammals, birds, turtles, and fishes that are long-lived and have low rates of reproduction (Hall, Alverson, and ... <a href="http://muse.jhu.edu/journals/land_economics/v089/89.2.anderson.html">Read More</a>
- The Demand for Spatially Complementary National Parks
- Abstract: <p>By Kevin E. Henrickson, Erica H. Johnson</p>
The United States and many nations around the world use the "national park" designation to protect their most unique environmental endowments, which offer scenic beauty, outdoor recreational opportunities, habitat for native species, and historical significance. Within the United States, there are 56 national parks located across the 50 states, which combined to receive over 60 million recreational visits in 2008, generating substantial economic activity through the tourism they attract.1 Specifically, according to Stynes (2009), these locations generated more than $4 billion in money spent by nonlocal tourists visiting national parks in 2008, money that created over 87,000 jobs and over $1.5 billion in labor ... <a href="http://muse.jhu.edu/journals/land_economics/v089/89.2.henrickson.html">Read More</a>
Keywords: National parks and reserves
PubDate: 2013-03-13T00:00:00-05:00
- Abstract: <p>By Kevin E. Henrickson, Erica H. Johnson</p>
The United States and many nations around the world use the "national park" designation to protect their most unique environmental endowments, which offer scenic beauty, outdoor recreational opportunities, habitat for native species, and historical significance. Within the United States, there are 56 national parks located across the 50 states, which combined to receive over 60 million recreational visits in 2008, generating substantial economic activity through the tourism they attract.1 Specifically, according to Stynes (2009), these locations generated more than $4 billion in money spent by nonlocal tourists visiting national parks in 2008, money that created over 87,000 jobs and over $1.5 billion in labor ... <a href="http://muse.jhu.edu/journals/land_economics/v089/89.2.henrickson.html">Read More</a>
- Public and Expert Preference Divergence: Evidence from a Choice Experiment of Marine Reserves in Australia
- Abstract: <p>By Abbie A. Rogers</p>
It is acknowledged that members of the general public have a democratic right to participate in environmental policy and decision making (Reed 2008). In some cases, such as those where non-use values are concerned, this right can extend to across the broader community. Further, there are arguments for public participation as a means of improving the quality of environmental decision making (Reed 2008).Increasingly, governments are embedding guidelines for reporting on public preferences in decision making. In most cases, the guidelines involve the use of benefit-cost analyses, which provide a framework for reporting non-market values held by the community. For example, the Australian government is beginning to ... <a href="http://muse.jhu.edu/journals/land_economics/v089/89.2.rogers.html">Read More</a>
Keywords: Marine parks and reserves
PubDate: 2013-03-13T00:00:00-05:00
- Abstract: <p>By Abbie A. Rogers</p>
It is acknowledged that members of the general public have a democratic right to participate in environmental policy and decision making (Reed 2008). In some cases, such as those where non-use values are concerned, this right can extend to across the broader community. Further, there are arguments for public participation as a means of improving the quality of environmental decision making (Reed 2008).Increasingly, governments are embedding guidelines for reporting on public preferences in decision making. In most cases, the guidelines involve the use of benefit-cost analyses, which provide a framework for reporting non-market values held by the community. For example, the Australian government is beginning to ... <a href="http://muse.jhu.edu/journals/land_economics/v089/89.2.rogers.html">Read More</a>
- On the Endogeneity of Resource Comanagement: Theory and Evidence from Indonesia
- Abstract: <p>By Stefanie Engel, Charles Palmer, Alexander Pfaff</p>
Protected areas have been the leading instrument for forest conservation and their networks are continuing to grow. In developing countries, such areas may be established and maintained at the expense of local groups, conserving through exclusion or "fences and fines" (CITES) (Kiss 1990; Swanson and Barbier 1992; Tisdell 1995). Sometimes attempts to block resource uses are fruitless, implying that those protected areas are merely "paper tigers." Conflicts over natural resources and rights are reasons why protected areas may not fully conserve resources such as forests (see Albers and Ferraro 2006; Bulte and Engel 2006).Yet those two possibilities for protection (i.e., fences and fines and paper tigers) do not ... <a href="http://muse.jhu.edu/journals/land_economics/v089/89.2.engel.html">Read More</a>
Keywords: Natural resources
PubDate: 2013-03-13T00:00:00-05:00
- Abstract: <p>By Stefanie Engel, Charles Palmer, Alexander Pfaff</p>
Protected areas have been the leading instrument for forest conservation and their networks are continuing to grow. In developing countries, such areas may be established and maintained at the expense of local groups, conserving through exclusion or "fences and fines" (CITES) (Kiss 1990; Swanson and Barbier 1992; Tisdell 1995). Sometimes attempts to block resource uses are fruitless, implying that those protected areas are merely "paper tigers." Conflicts over natural resources and rights are reasons why protected areas may not fully conserve resources such as forests (see Albers and Ferraro 2006; Bulte and Engel 2006).Yet those two possibilities for protection (i.e., fences and fines and paper tigers) do not ... <a href="http://muse.jhu.edu/journals/land_economics/v089/89.2.engel.html">Read More</a>
- The Productivity Impacts of Formal and Informal Land Rights: Evidence from Madagascar
- Abstract: <p>By Marc F. Bellemare</p>
In his best-selling book The Mystery of Capital, de Soto (2000) claims that the poor in developing countries own about $1 trillion worth of assets—a figure roughly comparable to the 2010 gross domestic product of South Korea—but that it is often the case that the lack of well-defined property rights in the same developing countries prevents the poor from capitalizing on those assets.Leaving aside the assumptions de Soto makes about the value of those assets and the efficacy of the legal system in most developing countries (Woodruff 2001), empirical studies by Acemoglu, Johnson, and Robinson (2001, 2005) and Acemoglu and Johnson (2005) have shown that institutions—property rights institutions in particular—have not ... <a href="http://muse.jhu.edu/journals/land_economics/v089/89.2.bellemare.html">Read More</a>
Keywords: Land tenure
PubDate: 2013-03-13T00:00:00-05:00
- Abstract: <p>By Marc F. Bellemare</p>
In his best-selling book The Mystery of Capital, de Soto (2000) claims that the poor in developing countries own about $1 trillion worth of assets—a figure roughly comparable to the 2010 gross domestic product of South Korea—but that it is often the case that the lack of well-defined property rights in the same developing countries prevents the poor from capitalizing on those assets.Leaving aside the assumptions de Soto makes about the value of those assets and the efficacy of the legal system in most developing countries (Woodruff 2001), empirical studies by Acemoglu, Johnson, and Robinson (2001, 2005) and Acemoglu and Johnson (2005) have shown that institutions—property rights institutions in particular—have not ... <a href="http://muse.jhu.edu/journals/land_economics/v089/89.2.bellemare.html">Read More</a>
- Measuring the General Equilibrium Benefits of Air Quality Regulation in Small Urban Areas
- Abstract: <p>By Constant I. Tra</p>
This study develops a residential sorting model of the Las Vegas housing market in order to estimate the benefits of regulatory efforts aimed at bringing the Las Vegas metropolitan area within compliance of the daily national standard for healthy ozone. Because air quality regulatory programs are implemented mainly by small jurisdictions, such as counties or cities, the benefits and costs of these regulations are likely to vary across the nation as a result of the heterogeneity across populations and housing market conditions. The novel contribution of this paper is to propose an empirical framework for evaluating the benefits of air quality regulations in small urban jurisdictions. The existing environmental ... <a href="http://muse.jhu.edu/journals/land_economics/v089/89.2.tra.html">Read More</a>
Keywords: Housing and health
PubDate: 2013-03-13T00:00:00-05:00
- Abstract: <p>By Constant I. Tra</p>
This study develops a residential sorting model of the Las Vegas housing market in order to estimate the benefits of regulatory efforts aimed at bringing the Las Vegas metropolitan area within compliance of the daily national standard for healthy ozone. Because air quality regulatory programs are implemented mainly by small jurisdictions, such as counties or cities, the benefits and costs of these regulations are likely to vary across the nation as a result of the heterogeneity across populations and housing market conditions. The novel contribution of this paper is to propose an empirical framework for evaluating the benefits of air quality regulations in small urban jurisdictions. The existing environmental ... <a href="http://muse.jhu.edu/journals/land_economics/v089/89.2.tra.html">Read More</a>
- Risk Preferences, Risk Perceptions, and Flood Insurance
- Abstract: <p>By Daniel R. Petrolia, Craig E. Landry, Keith H. Coble</p>
The National Flood Insurance Program (NFIP) was created by the U.S. Congress in 1968 to provide indemnity for flood hazard. At the time, there was widespread reluctance on the part of private insurers to issue policies for flood peril due to adverse selection, the catastrophic nature of flood hazard, and government's tendency to provide disaster assistance in the wake of floods (Anderson 1974). In response to low participation rates (Kunreuther 1978), subsequent legislation required flood insurance for homeowners with a mortgage contract from a federally backed or regulated lender and whose home was located in a Special Flood Hazard Area (SFHA, also known as the 100-year floodplain, or area that faces a 1% chance ... <a href="http://muse.jhu.edu/journals/land_economics/v089/89.2.petrolia.html">Read More</a>
Keywords: Flood insurance
PubDate: 2013-03-13T00:00:00-05:00
- Abstract: <p>By Daniel R. Petrolia, Craig E. Landry, Keith H. Coble</p>
The National Flood Insurance Program (NFIP) was created by the U.S. Congress in 1968 to provide indemnity for flood hazard. At the time, there was widespread reluctance on the part of private insurers to issue policies for flood peril due to adverse selection, the catastrophic nature of flood hazard, and government's tendency to provide disaster assistance in the wake of floods (Anderson 1974). In response to low participation rates (Kunreuther 1978), subsequent legislation required flood insurance for homeowners with a mortgage contract from a federally backed or regulated lender and whose home was located in a Special Flood Hazard Area (SFHA, also known as the 100-year floodplain, or area that faces a 1% chance ... <a href="http://muse.jhu.edu/journals/land_economics/v089/89.2.petrolia.html">Read More</a>
- Land Rental Markets in Kenya: Implications for Efficiency, Equity, Household Income, and Poverty
- Abstract: <p>By Songqing Jin, T. S. Jayne</p>
Land is one of the most important productive assets of rural households in developing countries. How land is owned, used, and exchanged has far-reaching implications for productivity, equity, and overall economic growth. While the impacts of land tenure security on land investments, credit access, and agricultural productivity have been widely studied in the literature (Feder and Feeny 1991; Besley 1995; Alston, Libecap, and Schneider 1996; Brasselle, Gaspart, and Platteau 2002; Jacoby, Li, and Rozelle 2002; Do and Iyer 2008), there have been relatively few studies of the performance and impact of land rental markets (Pender and Fafchamps 2006).Within the literature on land rental markets, previous studies have ... <a href="http://muse.jhu.edu/journals/land_economics/v089/89.2.jin.html">Read More</a>
Keywords: Land tenure
PubDate: 2013-03-13T00:00:00-05:00
- Abstract: <p>By Songqing Jin, T. S. Jayne</p>
Land is one of the most important productive assets of rural households in developing countries. How land is owned, used, and exchanged has far-reaching implications for productivity, equity, and overall economic growth. While the impacts of land tenure security on land investments, credit access, and agricultural productivity have been widely studied in the literature (Feder and Feeny 1991; Besley 1995; Alston, Libecap, and Schneider 1996; Brasselle, Gaspart, and Platteau 2002; Jacoby, Li, and Rozelle 2002; Do and Iyer 2008), there have been relatively few studies of the performance and impact of land rental markets (Pender and Fafchamps 2006).Within the literature on land rental markets, previous studies have ... <a href="http://muse.jhu.edu/journals/land_economics/v089/89.2.jin.html">Read More</a>
