Background
Smith, V. Kerry was born on March 11, 1945 in Jersey City. Son of Vincent C. and Dorothy E. Smith.
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- Works
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- Works
book
Technical Change, Relative Prices, and Environmental Resource Evaluation (Routledge Revivals)
( Originally published in 1974, Technical Change, Relativ...)
Originally published in 1974, Technical Change, Relative Prices, and Environmental Resource Evaluation explores the relationship between natural environmental resources and the differential implications of technological change and relative price appreciation. Smith claims that price is linked to technological progress and comments on the economic issues surrounding this. This title will be of interest to students of Environmental Studies and Economics.
http://www.amazon.com/gp/product/1138952524/?tag=2022091-20
The costs of congestion: An econometric analysis of wilderness recreation
http://www.amazon.com/gp/product/0884104524/?tag=2022091-20
Structure and Properties of a Wilderness Travel Simulator: An Application to the Spanish Peaks Area (RFF Forests, Lands, and Recreation Set)
(First Published in 2011. Routledge is an imprint of Taylo...)
First Published in 2011. Routledge is an imprint of Taylor & Francis, an informa company.
http://www.amazon.com/gp/product/1617260398/?tag=2022091-20
Structure and Properties of a Wilderness Travel Simulator: An Application to the Spanish Peaks Area (RFF Press)
http://www.amazon.com/gp/product/0801818087/?tag=2022091-20
The economic consequences of air pollution
http://www.amazon.com/gp/product/088410026X/?tag=2022091-20
Scarcity and Growth Reconsidered (RFF Press)
http://www.amazon.com/gp/product/0801822335/?tag=2022091-20
Scarcity and Growth Reconsidered (RFF Environmental and Resource Economics Set)
(Current views on resource availability are examined, alon...)
Current views on resource availability are examined, along with the original Barnett-Morse thesis of resource supply. Originally published in 1979
http://www.amazon.com/gp/product/1617260320/?tag=2022091-20
Measuring Water Quality Benefits (International Series in Economic Modelling)
(Almost 5 years ago we began working together on research ...)
Almost 5 years ago we began working together on research for the U.S. Environmental Protec tion Agency (EPA) to measure the benefits of water quality regulations. EPA had awarded a contract to Research Triangle Inst~ute (RTIl in response to a proposal that Bill wrote on measuring these benefits. After meeting with the EPA project officer, Dr Ann Fisher, the basic outlines of what would become this research were framed. Upon the suggestion of Bob Anderson, then chief of the Benefits Branch at EPA, we selected the Monongahela River as the focal point of a case study that would compare alternative benefit measurement approaches. Exactly how this case study would be done remained vague, but Ann urged that there be a survey and that nonuse benefits be included in the question naire design. Of course, Bill agreed. At the same time, Kerry was independently working on a review article that tied together some of the loose threads in the option value literature. He had also been thinking about how to measure option value, as well as working on ways to generalize the travel cost approach for estimating benefits of site attributes. Glenn Morris at RTI suggested that Bill have lunch with him and Kerry and that they could talk about Bill's research to see if there were any mutual interest. Over the lunch and Bill's ever present dessert in a Chapel Hill restaurant, we found out just how much we have in common.
http://www.amazon.com/gp/product/0898381819/?tag=2022091-20
Environmental Resources and Applied Welfare Economics: Essays in Honor of John V. Krutilla (Routledge Revivals)
( This book, first published in 1988, provides an overvie...)
This book, first published in 1988, provides an overview of the diverse work that was being done in applied and theoretical environmental and resource economics. Some essays reflect upon the background of the work of John Krutilla, one of the founders of Resources for the Future and a leading scholar of environmental economics, and the development of the field to date. Other essays examine and convey findings on particular resource problems and theoretical issues and resource policies and the practice of applied welfare economics. This title will be of interest to students of economics and environmental studies.
http://www.amazon.com/gp/product/1138935425/?tag=2022091-20
Estimating Economic Values for Nature: Methods for Non-Market Valuation (New Horizons in Environmental Economics)
(Part of the "New Horizons in Environmental Economics" ser...)
Part of the "New Horizons in Environmental Economics" series, this text focuses on estimating economic values for nature. The volume presents a collection of papers prepared over 25 years, dealing with the theory and practice of non-market valuation for environmental resources. Taken together, the papers explore the conceptual basis, the implementation process and empirical performance of all available methods. These essays describe what has been learnt from past benefit analysis, using meta-analysis, as well as the issues at the frontiers of current research in the area. Part one, "Setting the stage", questions the measurement of the economic value of environmental amenities and examines the non-market valuation of environmental resources. Part two, "Indirect methods as detective work" is divided into sections. Section A, "Travel cost recreation demand models", explores: the estimation and use of models of the demand for outdoor recreation; taking stock of progress with travel cost recreation demand methods; the opportunity cost of travel time in recreation demand models; the generalized travel cost model and water quality benefits; selection and recreation demand; valuing estuarine quality; welfare effects, omitted variables and the extent of the market; and the variation in recreation benefit estimates. Section B, "Hedonic models - property and labour markets", looks at: urban amenities and public policy; market segmentation and valuing amenities with hedonic models in the case of hazardous waste sites; and hedonic models and air pollution. Section C, "Household production models", focuses on the demand for public goods; household production functions and environmental benefit estimation; marine pollution and sport fishing quality. Part three, "Direct methods as listening to 'data'" examines: the science of listening to data; congestion, quality deterioration and optimal use in relation to wilderness recreation in the Spanish peaks primitive area; option price estimates for water quality improvements, in a contingent valuation study for the Monongahela River; and the economic value of risk change. Part four, "New Horizons", examines: nonuse values in benefit cost analysis; the case of natural resource damage assessments; and environmental costing for agriculture.
http://www.amazon.com/gp/product/1858981336/?tag=2022091-20
The Smoking Puzzle: Information, Risk Perception, and Choice
( How do smokers evaluate evidence that smoking harms he...)
How do smokers evaluate evidence that smoking harms health? Some evidence suggests that smokers overestimate health risks from smoking. This book challenges this conclusion. The authors find that smokers tend to be overly optimistic about their longevity and future health if they quit later in life. Older adults' decisions to quit smoking require personal experience with the serious health impacts associated with smoking. Smokers over fifty revise their risk perceptions only after experiencing a major health shock--such as a heart attack. But less serious symptoms, such as shortness of breath, do not cause changes in perceptions. Waiting for such a jolt to occur is imprudent. The authors show that well-crafted messages about how smoking affects quality of life can greatly affect current perceptions of smoking risks. If smokers are informed of long-term consequences of a disease, and if they are told that quitting can indeed come too late, they are able to evaluate the risks of smoking more accurately, and act accordingly.
http://www.amazon.com/gp/product/0674010396/?tag=2022091-20
Other Work
- Author: Monte Carlo Methods, 1973, Technical Change, Relative Prices and Environmental Resource Evaluation, 1974, The Costs of Congestion: An Econometric Analysis of Wilderness Recreation, 1976, Structure and Properties of a Wilderness Travel Simulator: An Application to the Spanish Peaks Area, 1976, The Economic Consequences of Air Pollution, 1976, Scarcity and Growth Reconsidered, 1979, (with others) Explorations in Natural Resource Economics, 1982, (with others) Environmental Policy Under Reagan's Executive Order, 1984, (with W.H. Desvousges) Measuring Water Quality Benefits, 1986, (with others) Environmental Resources and Applied Welfare Economics, 1988, (with R.J. Kopp) Valuing Natural Assets: The Economics of Natural Resource Damage Assessment, Resources for the Future, 1993, Estimating Economic Values for Nature, 1996, (with others) The Smoking Puzzle: Information, Perception and Choices, 2003. Editor Advances in Applied Micro Economics series. Contributor numerous articles to professional journals.
V. Kerry Smith
V. Kerry SMITH, economist in the field of Natural Resources; Econometric and Statistical Methods and Models; Public Utilities and Costs of Government Regulation. Phi Beta Kappa; Guggenheim Foundation Fellow, 1976-1977; Exec Committee, Southern Economic Association, USA, 1981-1983; Vice president, President, Association Environmental and Resource Economics, 1979-1980, since 1984.
Education
AB, Rutgers University, 1966. Doctor of Philosophy, Rutgers University, 1970.
Career
Assistant professor Bowling Green State University, Ohio, 1969—1972. Research associate Resources for Future, Washington, 1971-1973. Associate professor State University of New York, Binghamton, 1973-1975, professor, 1975-1978.
Senior fellow Resources for Future, Washington, 1976-1979. Professor University North Carolina, Chapel Hill, 1979-1983. Centennial professor Vanderbilt University, Nashville, 1983-1987.
University distinguished professor North Carolina State University, 1987-1994, university distinguished professor, director Center Environmental and Resource Economic Policy, since 1999. Arts and Sciences professor environmental economics Duke University, 1994-1999. William Polk Carey professor economics Arizona State University, Tempe, since 2006.
Research associate National Bureau Economic Research, since 2007. Adviser energy division Oak Ridge National Laboratory, 1978-1980, University North Carolina Institute Environmental Studies, 1980-1983. Member panel National Science Foundation, 1981-1983, science advisory board Environmental Protection Agency.
Achievements
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Phi Beta Kappa; Guggenheim Foundation Fellow, 1976-1977. Exec Committee, Southern Economic Association, USA, 1981-1983. Vice president, President, Association Environmental and Resource Economics, 1979-1980, since 1984.
Works
book
-
Technical Change, Relative Prices, and Environmental Resource Evaluation (Routledge Revivals)
( Originally published in 1974, Technical Change, Relativ...)
-
Environmental Resources and Applied Welfare Economics: Essays in Honor of John V. Krutilla (Routledge Revivals)
( This book, first published in 1988, provides an overvie...)
-
The Smoking Puzzle: Information, Risk Perception, and Choice
( How do smokers evaluate evidence that smoking harms he...)
-
Estimating Economic Values for Nature: Methods for Non-Market Valuation (New Horizons in Environmental Economics)
(Part of the "New Horizons in Environmental Economics" ser...)
-
Scarcity and Growth Reconsidered (RFF Environmental and Resource Economics Set)
(Current views on resource availability are examined, alon...)
-
Measuring Water Quality Benefits (International Series in Economic Modelling)
(Almost 5 years ago we began working together on research ...)
-
Structure and Properties of a Wilderness Travel Simulator: An Application to the Spanish Peaks Area (RFF Forests, Lands, and Recreation Set)
(First Published in 2011. Routledge is an imprint of Taylo...)
- The costs of congestion: An econometric analysis of wilderness recreation
- Structure and Properties of a Wilderness Travel Simulator: An Application to the Spanish Peaks Area (RFF Press)
- The economic consequences of air pollution
- Scarcity and Growth Reconsidered (RFF Press)
-
Technical Change, Relative Prices, and Environmental Resource Evaluation (Routledge Revivals)
Other Work
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Author: Monte Carlo Methods, 1973, Technical Change, Relative Prices and Environmental Resource Evaluation, 1974, The Costs of Congestion: An Econometric Analysis of Wilderness Recreation, 1976, Structure and Properties of a Wilderness Travel Simulator: An Application to the Spanish Peaks Area, 1976, The Economic Consequences of Air Pollution, 1976, Scarcity and Growth Reconsidered, 1979, (with others) Explorations in Natural Resource Economics, 1982, (with others) Environmental Policy Under Reagan's Executive Order, 1984, (with W.H. Desvousges) Measuring Water Quality Benefits, 1986, (with others) Environmental Resources and Applied Welfare Economics, 1988, (with R.J. Kopp) Valuing Natural Assets: The Economics of Natural Resource Damage Assessment, Resources for the Future, 1993, Estimating Economic Values for Nature, 1996, (with others) The Smoking Puzzle: Information, Perception and Choices, 2003. Editor Advances in Applied Micro Economics series. Contributor numerous articles to professional journals.
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Views
Early work investigated the small sample properties of simultaneous equation estimators using economically relevant models for Monte Carlo experiments. Initial research in resource and environmental economic develops three areas: (1) treatment of changes in relative prices in benefit-cost analyses involving unique natural environments. (2) modelling the demand for and supply of wilderness recreation with alternative levels of congestion.
And (3) estimating the role of substitute facilities in modelling the demand for and valuation of outdoor recreational facilities. Continued research associated with modelling the demand for outdoor recreation, including cases where skill was important to recreation, the spatial limits to the Hotelling-Clawson-Knetsch travel cost demand model, and, most recently, the role of site attributes including water quality for the demand for recreation.
Following this research, research efforts directed toward the evaluation of the adequacy of natural resources, including the measurement of natural resource scarcity and evaluation, in general, and the treatment of natural resources in economic models. In process of evaluating the role of natural resources in economic models, conducted with R. J. Kopp, an evaluation of the authenticity of neoclassical models descriptions of factor input substitution and nonneutral technical change.
Most recent work has been directed in two areas: the modelling and estimation of individuals’ willingness to pay for risk reductions and the evaluation of the performance of partial equilibrium measures of welfare changes.
Membership
Fellow American Agricultural and Economic Association, Association Environmental and Resource Economists (board directors 1975-1979, vice president 1979-1980, chairman committee 1982-1983, president 1985-1986, Distinguished Service award 1989). Member National Academy of Sciences, American Economic Association, Econometric Society, Southern Economic Association (executive committee 1981-1983, 1st vice president 1987, president-elect 1988, president 1989).
Connections
Married Pauline Anne Taylor, May 10, 1969. Children: Timothy, Shelley.
- Father:
- Vincent C.
- Mother:
- Dorothy E. Smith
- Spouse:
- Pauline Anne Taylor
- child:
- Timothy Smith
- child:
- Shelley Smith
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Born
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Nationality
American
Education
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1966
Rutgers University , Bachelor of Arts -
1970
Rutgers University , Doctor of Philosophy
Career
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1969 - 1972
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1971 - 1973
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1973 - 1975
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1976 - 1979
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1979 - 1983
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1983 - 1987
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1994 - 1999
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2006
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2007
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Awards
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Guggenheim fellow, 1976. Grantee Resources for Future, 1970, 73, 74, 86, Federal Energy Administration 1975, New York Sea Grant Institute, 1975, Ford Foundation, 1976, National Science Foundation, 1977, 79, 83, Electric Power Research Institute, 1978, National Oceanic and Atmospheric Administration, 1980, Sloan Foundation, 1981, 86, Environmental Protection Agency, 1983-1988, North Carolina Sea Grant Program, 1987-1993. Russell Sage Foundation, 1989-1991. Recipient Frederick V. Waugh medal American Agricultural Economic Association, 1992.Guggenheim fellow, 1976. Grantee Resources for Future, 1970, 73, 74, 86, Federal Energy Administration 1975, New York Sea Grant Institute, 1975, Ford Foundation, 1976, National Science Foundation, 1977, 79, 83, Electric Power Research Institute, 1978, National Oceanic and Atmospheric Administration, 1980, Sloan Foundation, 1981, 86, Environmental Protection Agency, 1983-1988, North Carolina Sea Grant Program, 1987-1993. Russell Sage Foundation, 1989-1991.
Recipient Frederick V. Waugh medal American Agricultural Economic Association, 1992.