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Spencer Banzhaf


Ph.D., Duke University


Environmental Economics, History of Economic Thought, Urban and Regional Economics


Banzhaf’s research focuses on environmental economics and policy analysis. More narrowly, much of his work studies the interactions between local environmental amenities, local real estate markets, and the demographic composition and structure of cities. He applies these and other tools of benefit-cost analysis to the evaluation and design of environmental policy and to the creation of “green” index numbers and accounts. He also studies the history of welfare economics.

Banzhaf’s work has been published in journals such as the American Economic Review, International Economic Review, Journal of Applied Econometrics, Journal of Environmental Economics and Management, Journal of Urban Economics, and History of Political Economy. His research has been funded by such agencies as the National Science Foundation, the Environmental Protection Agency, and The Lincoln Institute of Land Policy. Prior to joining Georgia State, he was a fellow at Resources for the Future. He has also held fellowships at the Property and Environment Research Center (PERC) and the Lincoln Institute of Land Policy.