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    Olmstead, Sheila M, W Michael Hanemann, and Robert N Stavins. “Water Demand Under Alternative Price Structures.” Journal of Environmental Economics and Management 54 (2007): 181–198. Publisher's VersionAbstract
    water_demand_jeem.pdf

    We estimate the price elasticity of water demand with household-level data, structurally modeling the piecewise-linear budget constraints imposed by increasing block pricing. We develop a mathematical expression for the unconditional price elasticity of demand under increasing block prices and compare conditional and unconditional elasticities analytically and empirically. We test the hypothesis that price elasticity may depend on price structure, beyond technical differences in elasticity concepts. Due to the possibility of endogenous utility price structure choice, observed differences in elasticity across price structures may be due either to a behavioral response to price structure, or to underlying heterogeneity among water utility service areas.

    A-52

    Lubowski, Ruben N, Andrew J Plantinga, and Robert N Stavins. “What Drives Land-Use Change in the United States? A National Analysis of Landowner Decisions.” Land Economics 84 (2008): 529–550. Publisher's VersionAbstract
    whatdriveslandusechange.pdf

    Land-use changes involve important economic and environmental effects with implications for international trade, global climate change, wildlife, and other policy issues. We use an econometric model to identify factors driving land-use change in the United States between 1982 and 1997. We quantify the effects of net returns to alternative land uses on private landowners' decisions to allocate land among six major uses, drawing on detailed micro-data on land use and land quality that are comprehensive of the contiguous United States. This analysis provides the first evidence of the relative historical importance of markets and federal farm policies affecting land-use changes nationally. [ABSTRACT FROM AUTHOR] Copyright of Land Economics is the property of University of Wisconsin Press and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

    A-55

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