Spencer Banzhaf

H. Spencer Banzhaf

Dept. of Economics

Andrew Young School of Policy Studies

Georgia State University

Weak Complementarity



The Political Economy of Environmental Justice, Stanford University Press (2012)

The "environmental justice" literature has identified a correlation between where there is pollution and where minorities and the poor live. This new book volume explores several social processes that might cause this correlation, emphasizing the policy implications of each. These include behavior by firms (choosing where to pollute), governmental policy-makers (choosing where to enforce regulations), and households (choosing where to live). It is the most comprehensive look at the issue from economists to date, but is written for a wide audience of policy makers and analysts of environmental justice. The volume is based on papers presented at a Lone Mountain Forum organized by the Property and Environment Research Center (PERC). The conference was made possible by generous support from the Earhart foundation.

Click here for a Table of Contents and additional information: The Political Economy of Environmental Justice .

Click here for a short non-technical summary of these ideas. (A variant of this paper, without references, appears in the Elsevier Encyclopedia of Resource, Energy, and Environmental Economics.)

Links to Working Papers (opens in new window)

"Panel-Data Hedonics: Rosen's First Stage and Difference-in-Differences as 'Sufficient Statistics,'" Aug. 2015.

"The Environmental Turn in Natural Resource Economics: John Krutilla and 'Conservation Reconsidered,'" June 2015.

"Valuation of Ecosystem Services in the Southern Appalachian Mountains," May 2015 (with D. Burtraw, S. Chung, D.A. Evans, A. Krupnick, and J. Siikamaki).

Links to Selected Publications (opens in new window)

"The Cold War Origins of the Value of Statistical Life (VSL)," Journal of Economic Perspectives, 2014.

"The Market for Local Public Goods," Case Western Reserve Univ. Law Review, 2014.

"On Fiscal Illusion in Local Public Finance: Re-examining Ricardian Equivalence and the Renter Effect," National Tax Journal, 2013 (with W.E. Oates).

"Segregation and Tiebout Sorting: The Link between Place-Based Investments and Neighborhood Tipping," Journal of Urban Economics, 2013 (with R.P. Walsh).

"Interjurisdictional Housing Prices and Spatial Amenities: Which Measures of Housing Prices Reflect Local Public Goods?," Regional Science and Urban Economics, 2013 (with O. Farooque).

"Non-Regulatory Approaches to the Environment: Coasean and Pigouvian Perspectives," Review of Environmental Economics and Policy, 2013 (with T. Fitzgerald and K. Schnier).

"Fiscal Federalism and Interjurisdictional Externalities: New Results and an Application to US Air Pollution," Journal of Public Economics, 2012 (with B.A. Chupp).

"Do Households Prefer Small School Districts? A Natural Experiment," Southern Economic Journal, 2012 (with G. Bhalla).

"Designing Economic Instruments for the Environment in a Decentralized System," Journal of Economic Surveys, 2012 (with J. Alm).

"The Architecture and Measurement of an Ecosystem Services Index," Sustainability, 2012 (with J. Boyd).

"Regulatory Impact Analyses of Environmental Justice Effects," Journal of Land Use & Environmental Law, 2011.

"Consumer Sovereignty in the History of Environmental Economics," History of Political Economy, 2011.

"Can the Land Tax Help Curb Urban Sprawl? Evidence from Growth Patterns in Pennsylvania," Journal of Urban Economics, 2010 (with N. Lavery).

"Success and Design of Local Referenda for Land Conservation," Journal of Policy Analysis and Management, 2010 (with W.E. Oates and J. Sanchirico).

"Consumer Surplus with Apology: A Historical Perspective on Nonmarket Valuation and Recreation Demand," Annual Review of Resource Economics, 2010.

"Objective or Multi-Objective? Two Historically Competing Visions for Benefit Cost Analysis," Land Economics, 2009.

"Do People Vote with their Feet? An Empirical Test of Tiebout's Mechanism," American Economic Review, 2008 (with R. Walsh).

"What are Ecosystem Services? The Need for Standardized Environmental Accounting Units," Ecological Economics, 2007 (with J. Boyd).

"Meta-Analysis in Model Implementation: Choice Sets and the Value of Air Quality Improvements," Journal of Applied Econometrics, 2007 (with V.K Smith).