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Department of Economics August 2021 Georgia State University PO Box 3992 Atlanta, GA 30302 (404) 413-0252 Hsbanzhaf@Gsu.Edu H. Spencer Banzhaf Department of Economics August 2021 Georgia State University PO Box 3992 Atlanta, GA 30302 (404) 413-0252 [email protected] Education Ph.D., 2001, Economics, Duke University, Durham, NC. M.A., 1997, Economics, Duke University, Durham, NC. B.A., 1992, cum laude with distinction, Economics, Duke University, Durham, NC. Primary Appointments 2013— Professor, Department of Economics, Georgia State University. 2006 - 2013 Associate Professor, Department of Economics, Georgia State University. 2001 - 2006 Fellow, Resources for the Future, Washington, DC. 1992 - 1995 Economist, Triangle Economic Research, Durham, NC (1994-5) and Research Triangle Institute, RTP, NC (1992-4). Summer consultant, 1995-8. Secondary Appointments 2010— Research Associate, National Bureau of Economic Research (NBER) —Faculty Research Fellow, 2009-2010 2015— Senior Fellow, Property and Environment Research Center (PERC) —Senior Research Fellow, 2010-15 2017— Faculty Affiliate, Urban Studies Institute, GSU —Previously, Council for the Progress of Cities 2011-15 (chair, 2012-14) 2018— Faculty Affiliate and economics coordinator, Philosophy, Politics, and Economics (PPE) program, GSU 2018— Faculty Affiliate, Jean Beer Blumenfeld Center for Ethics, GSU Dept. of Philosophy 2008 - 15 Faculty Affiliate, Center for the Comparative Study of Metropolitan Growth, GSU College of Law 2005 - 2006 Adjunct Assistant Professor, Georgetown Public Policy Institute. 2003 - 2004 Adjunct Assistant Professor, Georgetown Dept. of Economics. Fellowships, Honors and Awards R. Musgrave prize for best paper in the National Tax Journal (with W. Oates), 2013. Outstanding Faculty Achievement Award, Georgia State University, 2011. "Best article" prize, History of Economics Society, 2010. Julian Simon Fellow (Property and Environment Research Center [PERC]), 2007. David C. Lincoln Fellowship (Lincoln Institute of Land Policy), 2007. Harvey Fellow (Mustard Seed Foundation), 1998-2001. Best undergraduate honors thesis, Department of Economics, Duke University, 1992. Résumé for Spencer Banzhaf, Aug. 2021 Publications Books 1. The Political Economy of Environmental Justice, ed., Stanford University Press, 2012. 2. Keeping Faith, Losing Faith: Religious Belief and Political Economy, ed., Duke University Press, 2008 (with B. Bateman). 3. Environmental Policy Analysis with Limited Information: Principles and Applications of the Transfer Method, Cheltenham, UK: Edward Elgar, 1998 (with W.H. Desvousges and F.R. Johnson). 4. In Progress: Pricing the Priceless: A History of Environmental Economics (under contract with Cambridge University Press). Papers under Review and Current Working Papers 5. "The Value of Statistical Life: A Meta-analysis of Meta-analyses," May 2021, revisions re- quested from Journal of Benefit-Cost Analysis. 6. "Nonparametric Tests of the Tragedy of the Commons," March 2021, under review (with Y. Liu, F. Asche, and M. Smith). 7. "Back to the Future: Linking Adult Socio-economic Outcomes to In Utero Airborne Lead Ex- posure," June 2021, under review (with M.R. Banzhaf). 8. "Capitalization as a Two-Part Tariff," June 2019 (with K. Mangum). 9. "A History of Pollution Pricing (Or, Why Pigouvian Taxes are not Necessarily Pigouvian)," July 2020. 10. "Valuing New Product and Policy Characteristics using a Simple Linear Program," May 2021. Journal Articles 11. "Financing Outdoor Recreation," April 2021, Land Economics, forthcoming (with V.K. Smith). 12. "Markets and Theological Ethics: An Environmental Economist Replies to his Queen," Journal of Economics, Theology, and Religion, forthcoming. 13. Difference-in-Differences Hedonics," Journal of Political Economy 129(8), 2021, pp. 2385- 2414. 14. "Age-Based Property Tax Exemptions," Journal of Urban Economics 121, 2021 (with R. Mickey and C. Patrick). 15. "Panel-Data Hedonics: Rosen's First Stage as a 'Sufficient Statistic,'" International Economic Review 61(2), 2020, pp. 973-1000. 2 Résumé for Spencer Banzhaf, Aug. 2021 16. "Best Practices in Using Hedonic Property Value Models for Welfare Measurement," Review of Environmental Economics and Policy 14, 2020, pp. 260-81 (with K.C. Bishop, N.V. Kumi- noff, K.J. Boyle, J.C. Pope, V.K. Smith, C. Timmins, and K. von Gravenitz). 17. "Fuel Consumption and Gasoline Prices: The Role of Assortative Matching between House- holds and Automobiles," Journal of Environmental Economics and Management 95, 2019, pp. 1-25 (with T. Kasim). 18. "Environmental Justice: The Economics of Race, Place, and Pollution," Journal of Economic Perspectives 33(1), 2019, pp. 185-208 (with L. Ma and C. Timmins). 19. "Environmental Justice: Establishing Causal Relationships," Annual Review of Resource Eco- nomics 11, 2019, pp. 377-98 (with L. Ma and C. Timmins). 20. "The Environmental Turn in Natural Resource Economics: John Krutilla and 'Conservation Reconsidered,'" Journal of the History of Economic Thought 44(1), 2019, pp. 27-46. 21. "Valuation of Ecosystem Services in the Southern Appalachian Mountains", Environmental Science & Technology 50(6), 2016, pp. 2830-6 plus online supplement (with D. Burtraw, S.C. Criscimagna, B.J. Cosby, D.A. Evans, A.J. Krupnick, and J.V. Siikamäki). 22. "The Cold War Origins of the Value of Statistical Life (VSL)," Journal of Economic Perspec- tives 28(4), 2014, pp. 213-26. 23. "The Market for Local Public Goods," Case-Western Reserve Law Review 64(4), 2014, pp. 1441-80. 24. "Benefits of the Ballot Box for Species Conservation," Ecology Letters 17(3), 2014, pp. 294- 302 (with P.R. Armsworth, K. Kroetz, J.N. Sanchirico). 25. "On Fiscal Illusion in Local Public Finance: Re-examining Ricardian Equivalence and the Renter Effect," National Tax Journal 66(3), 2013, pp. 511-40 (with W.E. Oates). —Winner of Richard Musgrave award for most outstanding paper in the National Tax Journal, 2013. 26. "Segregation and Tiebout Sorting: The Link between Place-Based Investments and Neighbor- hood Tipping," Journal of Urban Economics 74, 2013, pp. 83-98 (with R.P. Walsh). 27. "Interjurisdictional Housing Prices and Spatial Amenities: Which Measures of Housing Prices Reflect Local Public Goods?" Regional Science and Urban Economics 43, 2013, pp. 635-48 (with O. Farooque). 28. "Non-Regulatory Approaches to the Environment: Coasean and Pigouvian Perspectives," Re- view of Environmental Economics & Policy 7(2), 2013, pp. 238-58 (with T. Fitzgerald and K. Schnier). 29. "Fiscal Federalism and Interjurisdictional Externalities: New Results and an Application to US Air Pollution," Journal of Public Economics 96, 2012, pp. 449-464 (with B.A. Chupp). 30. "Do Households Prefer Small School Districts? A Natural Experiment," Southern Economic Journal 78(3), 2012, pp. 819-41 (with G. Bhalla). 3 Résumé for Spencer Banzhaf, Aug. 2021 31. "Designing Economic Instruments for the Environment in a Decentralized Fiscal System," Journal of Economic Surveys 26(2), 2012, pp. 177-202 (with J. Alm). 32. "The Architecture and Measurement of an Ecosystem Services Index," Sustainability, 4(4), 2012, pp. 430-61 (with J. Boyd). 33. "Regulatory Impact Analyses of Environmental Justice Effects," Journal of Land Use and En- vironmental Law 27(1), 2011, pp. 1-30. 34. "Consumer Sovereignty in the History of Environmental Economics," History of Political Economy 43(2), 2011, pp. 339-46. 35. "Can the Land Tax Help Curb Urban Sprawl? Evidence from Growth Patterns in Pennsylva- nia," Journal of Urban Economics 67(2), 2010, pp. 169-79 (with N. Lavery). 36. "Selection and Design of Local Referenda for Land Conservation," Journal of Policy Analysis and Management 29(4), 2010, pp. 769-98 (with W.E. Oates and J.N. Sanchirico). 37. "Economics at the Fringe: Non-Market Valuation Studies and their Role in Land Use Plans in the United States," Journal of Environmental Management 91(3), 2010, pp. 592-602. 38. "Can Weak Substitution Be Rehabilitated?" Environmental and Resource Economics, 45(2), 2010, pp. 203-21 (with M.F. Evans, and C. Poulos, V.K. Smith). 39. "Consumer Surplus with Apology: A Historical Perspective on Non-Market Valuation and Recreation Demand," Annual Review of Resource Economics 2, 2010, pp. 183-207. 40. "Objective or Multi-objective? Two Historically Competing Visions for Benefit-Cost Analy- sis," Land Economics 85(1), 2009, pp. 1-23. —Winner of 2010 "Best Article" prize from the History of Economics Society. 41. "Do People Vote with their Feet? An Empirical Test of Tiebout’s Mechanism," American Economic Review 98(3), 2008, pp. 843-63 (with R.P. Walsh). —Reprinted in The Economics of Land Markets and their Regulation, ed. by P. Cheshire and C. Hilber, Elgar, 2017. 42. "Meta Analysis in Model Implementation: Choice Sets and the Valuation of Air Quality Im- provements," Journal of Applied Econometrics 22, 2007, pp. 1013-31 (with V.K. Smith). 43. "What Are Ecosystem Services? The Need for Standardized Environmental Accounting Units," Ecological Economics 63(2-3), 2007, pp. 616-26 (with J. Boyd). —Reprinted in Sustainability Economics (The International Library of Critical Writings in Economics), ed. by Giles Atkinson and Sam Frankhauser, Elgar, 2019. 44. "Quality Adjusted Price Indexes and the Willig Condition," Economics Letters 94(1), 2007, pp. 43-8 (with V.K. Smith). 45. "Valuation of Natural Resource Improvements in the Adirondacks," Land Economics 82(3), 2006, pp. 445-464 (with D. Burtraw, D. Evans, and A.J. Krupnick). 46. "Green Price Indices," Journal of Environmental Economics and Management 49(2), 2005, pp. 262-280. 4 Résumé for Spencer Banzhaf, Aug. 2021 47. "Efficient Emission Fees in the US Electricity
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