H. Spencer Banzhaf

Spencer Banzhaf

Welcome to my site. I am a Professor of Economics at Georgia State University.

My primary field of study is environmental policy, especially related to the urban environment (such as sprawl and land use) and to energy and air pollution. One common theme in my work is the interaction among local environmental quality, local real estate markets, and the demographic composition of cities.

I use these relationships to understand people's values for the natural environment and other public goods. For example, whenever people pay more for a house because it is in a cleaner, safer community with good schools, they reveal something about their values for a clean environment, safety, and education.

Additionally, I study the history of applied welfare economics and the historical relationship between economics and the environmental movement. I find this history fascinating in itself, but also a complementary tool for policy analysis.

My research has been published in such journals as the American Economic Review, Journal of Environmental Economics and Management, Journal of Urban Economics, and History of Political Economy. It has been funded by such agencies as the National Science Foundation and the Environmental Protection Agency.

In addition to my work at GSU, I hold fellowships at the National Bureau of Economic Research (NBER) and the Property and Environment Research Center (PERC).