- Series Information
- List of Contributors
- Introduction: Land as an Integrating Theme in Economics
- Integrating Regional Economic Development Analysis and Land Use Economics
- Technology Adoption and Land Use
- Are Large Metropolitan Areas Still Viable?
- Modeling the Land Use Change with Biofuels
- Modeling the Determinants of Farmland Values in the United States
- Land Use and Sustainable Economic Development: Developing World
- The Economics of Wildlife Conservation
- Connecting Ecosystem Services to Land Use: Implications for Valuation and Policy
- Land Use and Climate Change
- Land Use, Climate Change, and Ecosystem Services
- Fire: An Agent and a Consequence of Land Use Change
- Land Use and Municipal Profiles
- An Assessment of Empirical Methods for Modeling Land Use
- Equilibrium Sorting Models of Land Use and Residential Choice
- Landscape Simulations with Econometric-Based Land Use Models
- An Economic Perspective on Agent-Based Models of Land Use and Land Cover Change
- Spatial Econometric Modeling of Land Use Change
- Using Quasi-Experimental Methods to Evaluate Land Policies: Application to Maryland’s Priority Funding Legislation
- Applying Experiments to Land Economics: Public Information and Auction Efficiency in Ecosystem Service Markets
- Open Space Preservation: Direct Controls and Fiscal Incentives
- Land Conservation in the United States
- European Agri-Environmental Policy: The Conservation and Re-Creation of Cultural Landscapes
- Agri-Environmental Policies: A Comparison of US and EU Experiences
- Stigmatized Sites and Urban Brownfield Redevelopment
- Regulatory Takings
- Eminent Domain and the Land Assembly Problem
- Future Research Directions in Land Economics
- Subject Index
Abstract and Keywords
This article discusses the advantages and inherent challenges of undertaking a quasi-experimental estimation technique for evaluation of a land use policy application. This method of evaluation enables researchers to address selection issues when defensible instrumental variables are not available. Although advantageous with regard a specific policy, the approach suffers from a potential lack of generalizability due to the lack of structure in the model. In short, the prime advantage of the quasi-experimental method may also be its greatest challenge to widespread application and formation of new policy. However, the propensity score method improves substantially on alternative approaches in evaluating land use policies in which endogenous policy selection is of concern. The chapter illustrates the procedure directly and provides a step-by-step application to an existing land use policy in Maryland.
Charles Towe is Assistant Professor in the Department of Agricultural and Resource Economics at the University of Maryland.
Rebecca Lewis is Assistant Professor of Planning, Public Policy and Management at University of Oregon.
Lori Lynch is Professor in the Department of Agricultural and Resource Economics at University of Maryland.