Environmental and Resource Economics

Ohio State’s Environmental Economics programs feature some of the world’s leading scholars and a unique blend of basic and applied economics—sometimes with a twist toward economic development. The program has been active at Ohio State for more than 50 years with roots in agricultural and land economics. Faculty currently work in both domestic and international arenas. Research often focuses on the costs and benefits of such critical conflicts as water quality, recreational land and water use, erosion control, rainforest use and preservation, invasive species, waste disposal, industrial land use, and pollution-related issues. From this research base, Environmental economists can provide relevant information to policy decisions and debates on environmental issues. Their work may include estimating the benefits and costs of alternative policies, describing how environmental impacts affect economic systems, and assessing the economic performance of alternative policies. This group also trains public and private experts to do a better job of calculating total costs and benefits of activities involving natural resources.

Our environmental economics group is widely published and cited. Faculty in this area attract extramural funds exceeding $1 million for domestic and international projects. The Swank Program in Rural-Urban Policy is part of related research and education projects. Types of issues being studied include:

  • Economic and ethical foundations of policy for sustainability
  • Incentive-based policies for control of point and non-point sourcen pollution
  • Forest economics and global climate change
  • Economic analysis of river corridors
  • Benefits transfer and off-site impacts of soil erosion
  • Economics of alternative land-use policies
  • Rules guiding farmland conversion at the rural-urban interface
  • Assessment of institutions for managing animal waste
  • Policy framework for non-indigenous species introductions in the Great Lakes
  • Public policy and timber markets in Ecuador
  • Use and management of natural resources in El Salvador
  • Valuing Lake Erie beaches and beach amenitie