Private land-use decisions are critical for a broad spectrum of environmental and social outcomes, ranging from water quality and climate change to rural income distribution. I use a large dataset of the land-use decisions of New Zealand landowners to estimate a cross-sectional multinomial logit...

The use of Markov processes (or Markov chains) has become widespread in dynamic stochastic modeling. For example, its use is ubiquitous in macroeconomics (dynamic stochastic general equilibrium), finance (dynamic asset pricing), and areas of microeconomics (dynamic programming). As we discuss...

The paper develops a model that shares common features with the computable general equilibrium (CGE) models. It is used to address two questions. First, what are the future prospects of a green gross domestic product (GDP), should we be concerned for resource degradation or not, and to what...

We estimate the relationship between urban spatial expansion and its socio-economic determinants in Lombardy, the most urbanised region of Italy (and one of the most urbanized of the European Union), at the municipality level. Test results suggest that this relationship varies significantly...

Governing land tenure and particularly ownership rights to land in post-socialist Russia is a long-term process that involves changes in norms, rules and administrative procedures. We analyse the land privatization reform in the context of evolving institutional limitations caused by the...

To address the question whether the abundancy of agricultural land in regions of Russia can favour growth of their crop production in a long run, a simulation framework is developed that is robust to a high level of uncertainty. Its core is a variety of a partial equilibrium model with a fully...

The difference in land use modeling approaches is an important uncertain factor in evaluating future climate scenarios in global economic models. We compare five widely used land use modeling approaches: constrained optimization, constant elasticity of transformation (CET), the additive form of...

Land use policy is administered at the local level in the U.S. However, many of the benefits and costs have broader spatial impacts. Thus, a lack of coordination across local jurisdictions may lead to unintended spillovers. Using historical data from the Baltimore, Maryland metro, we examine the...

Rural land use in New Zealand is an important driver of economic activity and has clear implications for the environment, including for biodiversity, climate change emissions and water quality. The spatial distribution and aggregate shares of rural land use is always changing, but change occurs...