Land Economics is dedicated to the study of land use, natural resources, public utilities, housing, and urban land issues.     Established in 1925 by the renowned economist and founder of the American Economic Association, Richard T. Ely at the University of Wisconsin, Land Economics has consistently published innovative, conceptual, and empirical research of direct relevance to economists. Each issue brings the latest results in international applied research on such topics as transportation, energy, urban and rural land use, housing, environmental quality, public utilities, and natural resources.

Land Economics is dedicated to the study of land use, natural resources, public utilities, housing, and urban land issues. Established in 1925 by the renowned economist and founder of the American Economic Association, Richard T. Ely, at the University of Wisconsin, Land Economics has consistently published innovative, conceptual, and empirical research that is directly relevant to economists. Each issue presents the latest findings in international applied research on topics such as transportation, energy, urban and rural land use, housing, environmental quality, public utilities, and natural resources.

《Land Economics》致力于土地使用、自然资源、公共设施、住房和城市土地问题的研究。该期刊于1925年由著名经济学家、美国经济协会创始人理查德·T·艾利在威斯康星大学创办。自创刊以来，《Land Economics》始终发表与经济学家直接相关的创新性、概念性和实证研究。每期都带来国际应用研究的最新成果，涵盖交通、能源、城市与农村土地使用、住房、环境质量、公共设施和自然资源等主题。

Land Economics

A FUNDAMENTAL prerequisite in determining the potential market demand for the products or services of a prospective retail firm or of agglomerations of prospective retail firms, within an urban area, is a geographical delineation of the region containing the probable customers for such goods. Such a region is called a retail trade area. A thorough knowledge of the characteristics and limits of a trade area is essen-

David L. Huff

A Probabilistic Analysis of Shopping Center Trade Areas

This paper uses a computable general equilibrium model with integrated commercial and residential land data to estimate the impact of urban growth, both in sector origin and growth mechanism, on urban spatial expansion, measured by density (population, employment, and commercial), residential lot size, and urban land conversion. The results demonstrate that specific sectors and individual growth mechanisms have unique impacts across the spatial expansion measures in both sign and magnitude; therefore, local policy makers should carefully consider the uniqueness of their city in terms of their geographic surroundings and mixture of urban growth before implementing or emulating other cities' policies. <i>(JEL R11, R14)</i>

Perry Burnett

Urban Industrial Composition and the Spatial Expansion of Cities

城市工业结构与城市空间扩展

Preference heterogeneity among landowners managing transboundary resources can determine the production of externalities across their lands. We 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, we 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. Key words: bioeconomics; ecosystem services; externalities; forest health; invasive plants; spatial-dynamic modeling.

Shady S. Atallah

Spatial Bioinvasion Externalities with Heterogeneous Landowner Preferences

异质土地所有者偏好下的空间生物入侵外部性

<h3>Abstract</h3> This study 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), this study estimates the degree to which information rigidities hold explanatory power for information inefficiency. Our results suggest Iowa farmland professionals infrequently update their information set or underweight new information. This study 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.

Chad Fiechter

Todd Kuethe

Wendong Zhang

Information Rigidities and Farmland Value Expectations

信息刚性与农田价值预期

<h3>Abstract</h3> Climate change is expected to intensify rainfall, increasing the likelihood of nitrogen leaching in agriculture. This study incorporates the effects of excessive rainfall on corn yield and water pollution into a simple economic model for managing nitrogen. We then empirically test this model using data from on-farm experiments conducted in Iowa. Our findings indicate that both optimal nitrogen application rates and environmental damage increase with excessive rainfall. As the marginal product of nitrogen increases under excessive rainfall, the cost of controlling nitrogen pollution escalates. However, our study highlights resilient management practices such as split nitrogen application with sidedressing.

Eseul Choi

Guilherme DePaula

Peter Kyveryga

Suzanne Fey

The Trade-off between Yield and Nitrogen Pollution under Excessive Rainfall

过量降雨下产量与氮污染的权衡

<h3>ABSTRACT</h3> This paper estimates the effect of climate change on Canadian farmland values using a unique dataset of 45,000 parcel-level sales between 2017-2022. The parcel-level data supports a regression approach with unique controls for non-agricultural 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.

Nicholas Bannon

Christopher Kimmerer

B. James Deaton

The Effect of Climate Change on Canadian Farmland Values

气候变化对加拿大农田价值的影响

<h3>Abstract</h3> Using a mixed-mode survey of 424 farmer respondents in the Boone and North Raccoon River watersheds in Iowa, we examine the influence of enrollment restrictions on farmers' preferences for conservation practices using a discrete choice experiment and a random parameters logit model. Our findings indicate prospective farmer participants favor conservation contracts with enrollment requirements on new, additional practices. Comparisons with EQIP reveal decreased mean willingness-to-accept for cover crops, no-till, and split nitrogen application contracts—by 55%, 69%, and 52%— with enrollment restrictions, respectively. In addition, participation supply curves also demonstrate higher enrollment, though this is especially true for low compensation levels.

短名	Land Econ.
Journal Impact	1.37
国际分区	ENVIRONMENTAL STUDIES(Q4)
期刊索引	SCI Q3中科院 4 区

ISSN	0023-7639, 1543-8325
h-index	100
国内分区	经济学(4区)经济学经济学(4区)经济学环境研究(4区)

涉及主题	经济业务地理生物政治学生态学法学计算机科学数学工程类历史考古微观经济学环境科学哲学财务自然资源经济学社会学
出版信息	出版商: University of Wisconsin Press，出版周期: ，期刊类型: journal，开源期刊: 否
基本数据	创刊年份: 1976，原创研究文献占比: 100.00%，自引率:0.00%， Gold OA占比: 12.90%

Land Economics

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A Probabilistic Analysis of Shopping Center Trade Areas

Urban Industrial Composition and the Spatial Expansion of Cities

Spatial Bioinvasion Externalities with Heterogeneous Landowner Preferences

Information Rigidities and Farmland Value Expectations

The Trade-off between Yield and Nitrogen Pollution under Excessive Rainfall

Spatial Bioinvasion Externalities with Heterogeneous Landowner Preferences

Information Rigidities and Farmland Value Expectations

The Trade-off between Yield and Nitrogen Pollution under Excessive Rainfall

The Effect of Climate Change on Canadian Farmland Values

Enrollment Restrictions and Conservation Practice Adoptions by Midwestern Farmers