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The Oxford Handbook of Land Economics

Online ISBN:
9780199983995
Print ISBN:
9780199763740
Publisher:
Oxford University Press
Book

The Oxford Handbook of Land Economics

Joshua M. Duke (ed.),
Joshua M. Duke
(ed.)
Applied Economics and Statistics, University of Delaware
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Joshua M. Duke is Professor in the Department of Applied Economics and Statistics at University of Delaware.

JunJie Wu (ed.)
JunJie Wu
(ed.)
Applied Economics, Oregon State University
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JunJie Wu is Emery N. Castle Chair in the Department of Applied Economics at Oregon State University.

Published online:
2 September 2014
Published in print:
22 July 2014
Online ISBN:
9780199983995
Print ISBN:
9780199763740
Publisher:
Oxford University Press

Abstract

What do economists know about land—and how do they know? This handbook describes the latest developments in the economics fields examining 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 between 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 of this handbook presents recent advances in the analysis of the major drivers of land use change, focusing on economic development and drivers in 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.

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