Land Economics
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Land Economics
@land-econ.bsky.social
360 followers 1.2K following 28 posts
Quarterly journal publishing scholarship on economic aspects of natural and environmental resources. Celebrating 100 years of scholarship and impact on public policy. Published by @uwiscpress.bsky.social | le.uwpress.org |
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land-econ.bsky.social
Open access article published ahead of print! “Impact of Land Subsidence on Housing Sale Values: Evidence from the San Joaquin Valley, California” by Mehdi Nemati, Michelle Sneed and Ariel Dinar. Read it here: doi.org/10.3368/le.102.1.092324-0083R
Abstract: This study assesses the impact of land subsidence on housing sale values in the San Joaquin Valley, California. The study utilizes home sale transactions and vertical land-surface displacement data from Interferometric Synthetic Aperture Radar techniques. Using fine-scale fixed effects, matching, as well as a repeat-sales approach, our results indicate that land subsidence resulted in a 2.4% to 5.8% reduction in housing sale values, with the largest reductions occurring in areas where substantial subsidence occurred. Such findings may have implications for groundwater management and can potentially help inform policy design to help mitigate the causes and impacts of land subsidence.
October 15, 2025 at 6:38 PM
land-econ.bsky.social
Land Economics continues to celebrate 100 years in publication! To read an open access bibliometric review of the journal (doi.org/10.3368/le.102.1.271914) and other free preprint articles like it, visit: le.uwpress.org/content/early/recent.
Abstract: Spanning 1925–2024, we map Land Economics (LE) using Web of Science and Scopus with VOSviewer, bibliometrix, and SciVal. Analyses of documents, authors, and themes show LE as a central node linking environmental, agricultural, and urban economics. Seminal strands—property rights, contingent valuation, discrete choice, and hedonic pricing—anchor long-run influence. Keyword co-occurrence and thematic mapping confirm persistent emphases on valuation models, impact assessment, and policy applications, alongside emerging work on ecosystem services, climate change, and the water–energy nexus. Trend-topic and SciVal clusters reveal growing attention to disaster management, green innovation, and behavioral economics with uneven recent citation performance across topics and time.
October 7, 2025 at 9:42 PM
land-econ.bsky.social
Open access article published ahead of print! “The Role of Social Norms and Economic Incentives in Encouraging the Adoption of Native Gardens” by Curtis Rollins, Claire Doll, Katrin Rehdanz, Jürgen Meyerhoff, Michael Burton and David Pannell. Read it here: le.uwpress.org/content/earl...
Abstract: Various policy interventions can be implemented to motivate individuals to adopt pro-environmental landscaping behaviours. Here we compare the influence of economic incentives and social norms on urban landowners’ adoption of native gardens. First, we model the relationship between social norms and landowners’ actual land-use decisions. We then estimate adoption intention under different support programs using a choice experiment, also considering social norms. We find social norms can play a significant role in the adoption of native gardens, comparable to relatively expensive financial incentives. Therefore, social norms may enhance the performance of incentives to increase rates of land conservation.
July 31, 2025 at 1:41 PM
land-econ.bsky.social
Open access article published ahead of print! “Revisiting Land, Labor and Capital in Neoclassical Economics” by @antmis1.bsky.social and Antonin Pottier. Read it here: le.uwpress.org/content/earl... #econsky #economics
Abstract: It is usually argued that the advent of neoclassical economics led to the consideration of only two factors of production (capital and labor) instead of three (capital, labor and land). From the 1880s to the 1920s, land and natural resources would have been marginalized and left to applied fields such as land economics. This article revisits this episode. Theoretically speaking, it shows that there was no requirement in marginal productivity theories to subsume land into capital. Historically speaking, it demonstrates that alternatives did exist, within American neoclassicism, to the neglect of land and natural resources, providing inspiration for today’s research.
June 24, 2025 at 5:21 PM
land-econ.bsky.social
Open access article published ahead of print! Can Smartphone App Trainings Help Reduce Exposure to Air Pollution? Experimental Evidence from Bogotá by Allen Blackman and Bridget Hoffmann. Read it here: le.uwpress.org/content/earl...
Abstract: We conduct a randomized controlled trial to evaluate the impact of training university students in Bogotá to use a smartphone app that displays real-time location-specific air quality data. The training increased participants’ acquisition of information about air quality, their knowledge about avoidance behavior, and most important, their reported avoidance behavior. Back-of-the-envelope calculations suggest that if scaled to the entire city of Bogotá, the training could reduce premature cardiovascular, cerebrovascular, and respiratory deaths among the additional 3–8 percent of the city’s population incentivized to undertake avoidance behavior by 51–61 percent per year, a benefit valued at US$11–13 million.
June 17, 2025 at 6:35 PM
land-econ.bsky.social
Open access article from the latest issue: “The Effect of Climate Change on Canadian Farmland Values: A Ricardian Approach” by Nicholas Bannon, Christopher Kimmerer and B. James Deaton. le.uwpress.org/content/101/2/201
Abstract: This article estimates the effect of climate change on Canadian farmland values using a unique dataset of 45,000 parcel-level sales between 2017 and 2022. The parcel-level data support a regression approach with unique controls for nonagricultural influences (i.e., census division fixed effects and proximity to urban areas). Our results suggest that by 2070, climate change will positively increase farmland values across our sample of Canadian farmland parcels.
April 15, 2025 at 3:35 PM
land-econ.bsky.social
Open access article from the latest issue: “Information Rigidities and Farmland Value Expectations” by Chad Fiechter, Todd Kuethe and Wendong Zhang. le.uwpress.org/content/101/2/218
Abstract: This article examines the degree to which information inefficiency influences farmland price expectations. Using expectations and observed values of Iowa farmland from 1964 to 2021 and the empirical test of Coibion and Gorodnichenko (2015), we estimate the degree to which information rigidities hold explanatory power for information inefficiency. Our results suggest that Iowa farmland professionals infrequently update their information set or underweight new information. This article provides a necessary step toward a better understanding of the role of information in farmland market efficiency, furthering the discussion of development of additional public information in farmland markets.
April 10, 2025 at 6:45 PM
land-econ.bsky.social
Open access article from the latest issue: “Spatial Bioinvasion Externalities with Heterogeneous Landowner Preferences: A Two-Agent Bioeconomic Model” by Shady S. Atallah. le.uwpress.org/content/101/2/262
Abstract: Preference heterogeneity among landowners managing transboundary resources can determine the production of externalities across their lands. I test this hypothesis in the context of an invasive species affecting two forest landowners, where one values their property for recreation and the other produces timber. Using a spatially explicit first-mover repeated game, I find that the social cost of the externality is greatest when a bioinvasion starts on the recreation property. Except for species with fast long-distance dispersal, the optimal subsidy is nonuniform, targeting the landowner who acts as the weaker link, regardless of where a bioinvasion starts.
April 3, 2025 at 4:07 PM
land-econ.bsky.social
Open access article from the latest issue: “The Role of Staple Food Prices in Deforestation: Evidence from Cambodia” by Steven W. Wilcox, David R. Just, and Ariel Ortiz-Bobea le.uwpress.org/content/101/1/89
Abstract: Research on agricultural prices and deforestation has mostly focused on cash crops and export-oriented commodities. We develop a theoretical framework to illustrate how a staple food price shock can lead to deforestation through various channels. We explore our theoretical predictions with data from Cambodia and use a shift-share instrumental variables strategy. We find that shocks to the price of rice explain most of Cambodia’s recent deforestation. To shed light on mechanisms, we use household data to study land use behavior and welfare. Our findings suggest that staple food prices have a more important role in driving deforestation than previously thought.
February 25, 2025 at 7:33 PM
land-econ.bsky.social
Open access article from the latest issue: “Lumpy Heterogeneity in Groundwater Service Values and Time Preferences” by Kent F. Kovacs, Heather Snell, Brandon R. McFadden, and Rodolfo M. Nayga Jr. le.uwpress.org/content/101/1/71
Abstract: From a choice experiment about groundwater management, we consider time preferences and groundwater service values through sociodemographic characteristics using a model called the discounted latent class model. A policy-motivated latent class has a higher income, greater familiarity with an aquifer, and more concern for the risks that groundwater decline poses to people and the environment. A business-as-usual latent class has a conservative ideology. Exponential discounting is preferred, and the discount rate is larger for the policy group than the business-as-usual group. Other models we use include the discounted mixed logit model and the discounted logit-mixed logit model.
February 25, 2025 at 7:20 PM
land-econ.bsky.social
Land Economics celebrates 100 years in publication! The journal has been a valuable resource for scholars and policy-makers since its first publication in 1925. Read more about the journal’s history: le.uwpress.org/page/content/100-years
Front cover for The Journal of Land & Public Utility Economics Vol. 1 (1), published January 1925. Front cover for Land Economics Vol. 101 (1), published February 2025.
February 25, 2025 at 5:59 PM