Land Economics articles from August 1992

Land Economics archives from August 1992

Property-rights regimes and natural resources: a conceptual analysis.
August 1, 1992... I. INTRODUCTION Political economists" understanding of property rights and the rules used to create and enforce property rights shape perceptions of resource degradation problems and the prescriptions recommended to solve such problems....

Property tax abatement and the simultaneous determination of local fiscal variables in a metropolitan area. (includes appendices)
August 1, 1992... I. INTRODUCTION Incentives to spur local economic development in the United States have become increasingly popular and controversial in recent years. One incentive available in 31 states is allowing local governments the discretion to...

Siting noxious facilities: an approach that integrates technical, economic, and political considerations.
August 1, 1992... 1. INTRODUCTION Policymakers anticipate strong local opposition to undesirable land-uses and therefore seek new methods for selecting sites (see O'Hare, Bacow, and Sanderson 1983; Kasperson 1987). Economists have suggested various...

Combining contingent valuation and travel cost data for the valuation of nonmarket goods.
August 1, 1992... 1. INTRODUCTION For a wide variety of environmental resources and quasi-public goods, the absence of markets makes it extremely difficult to establish a monetary value for access to these commodities. Whenever events or a proposed...

Some results on the variance of welfare estimates from recreation demand models.
August 1, 1992... I. INTRODUCTION Researchers involved in the estimation of consumer surplus using behavioral data have recently begun to examine more carefully the properties of their estimators. Bockstael and Strand (1987) and Bockstael, Hanemann, and...

Optimal forest rotation when stumpage prices follow a diffusion process.
August 1, 1992... I. INTRODUCTION Classic questions in forest management are when to harvest a stand that is currently immature, and whether to regenerate a new timber stand after harvest. Faustmann 1849) presented what is now widely accepted as the...

Managing tropical forests: reflections on the rent distribution discussion.
August 1, 1992... I. INTRODUCTION Tropical forest destruction has been one focal issue of recent environmental discussions. Economists have only begun to participate in this discussion and their orientation to date is mostly qualitative and largely...