Stranded: The Effects of Inaccessible Public Land on Local Economies in the American West
研究了美国西部400个县中因历史土地处置政策导致的“搁浅”不可进入公共土地的数量,并估计了公共土地对土地租金和工资的影响,发现可进入性是理解公共土地经济效应的关键。
Historical land-disposal policies created a mosaic of land ownership that can limit access to public land. We quantify the amount of “stranded” inaccessible public land in 400 counties across the western United States. We estimate the effects of public land on county land rents and wages and diagnose the extent to which selection into public versus private land may affect these estimates. Our results show that accessibility is crucial to understanding the effect of public land on local economies: on net, inaccessible public land is a disamenity to consumers that may raise or lower costs for firms, while accessible public land is an amenity to consumers that may be productive for firms.