
Contents
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1. Land Markets and Welfare 1. Land Markets and Welfare
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2. Determinants and Drivers of Land Use and Land Use Change 2. Determinants and Drivers of Land Use and Land Use Change
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3. Environmental and Socioeconomic Consequences of Land Use and Land Use Change 3. Environmental and Socioeconomic Consequences of Land Use and Land Use Change
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3.1 The Land Use and Environment Nexus 3.1 The Land Use and Environment Nexus
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3.2 Socioeconomic Impacts of Land Use Change 3.2 Socioeconomic Impacts of Land Use Change
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4. Methodological Developments 4. Methodological Developments
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4.1 Spatial Econometric Methods in Land Use 4.1 Spatial Econometric Methods in Land Use
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4.2 Simulation Methods in Land Use 4.2 Simulation Methods in Land Use
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4.3 Experimental Methods in Land Use 4.3 Experimental Methods in Land Use
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5. The Economics of Land Use Law and Policy 5. The Economics of Land Use Law and Policy
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6. Future Research Directions 6. Future Research Directions
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7. Conclusion 7. Conclusion
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References References
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Introduction: Land as an Integrating Theme in Economics
Get accessJoshua M. Duke is Professor in the Department of Applied Economics and Statistics at University of Delaware.
JunJie Wu is Emery N. Castle Chair in the Department of Applied Economics at Oregon State University.
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Published:02 September 2014
Cite
Abstract
What do economists know about land-and how do they know? This chapter introduces the Oxford Handbook of Land Economics, arguing that land is a theme that integrates several fields of economics, including natural resource economics, environmental economics, regional science, and urban economics. This integrated approach is needed for at least three reasons. First, partial equilibrium analysis is not always adequate to examine the questions society needs answered. Second, land economic problem settings are often too fluid to warrant the simplification economists seek to derive tight and tractable results, ready lab experiments, and empirically testable theoretically derived results. Third, integrated work may help prevent unexpected suboptimal recommendations. Integration not only occurs within economics but also can occur between economic and noneconomic models. 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.
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