Profile

Kerry Smith

  • Distinguished Sustainability Scientist, Julie Ann Wrigley Global Institute of Sustainability
  • Regents' Professor and W. P. Carey Professor of Economics, Department of Economics, W. P. Carey School of Business

Department of Economics
Arizona State University
PO Box 873806
Tempe, AZ 85287-3806
USA
480-727-9812
Email: kerry.smith@asu.edu

Biography

Kerry Smith is a professor of environmental economics at the W.P. Carey School of Business at ASU. He directs the Center for Environmental Economics and Sustainability Policy in the L. William Seidman Research Institute, which serves as a link between the local, national and international business communities and the W.P. Carey School of Business. He is a member of the National Academy of Sciences and a university fellow at Resources for the Future, a nonprofit think tank based in Washington, D.C.. He is also a fellow of the Association of Environmental and Resource Economists, and of the American Agricultural Economics Association. Smith came to ASU from North Carolina State, where he was a University Distinguished Professor and the Director of the Center for Environmental and Resource Economic Policy.

Expertise

economics of ecosystem services; general equilibrium welfare measurement; economic adaptation and climate change; climate change; economic valuation; energy economics; energy policy; environmental policy; recreation; real estate; natural resource management; water resource management

Education

    Ph.D., Economics, Rutgers University, 1970

    A.B., Economics, Rutgers University, 1966

Working Papers

2013

Fishman, J. and V. K. Smith. 2013. A direct test of the “explanation” for incomplete stratification in vertical sorting models. NBER Working Paper Series 19387. (link)

Journal Articles

2014

Klaiber, H. A., V. K. Smith, M. Kaminsky and A. Strong. 2014. Measuring price elasticities for residential water demand with limited information. Land Economics 90(1):100-113.

2013

Carbone, J. C. and V. K. Smith. 2013. Valuing nature in a general equilibrium. Journal of Environmental Economics and Management 66(1):72-89. DOI: 10.1016/j.jeem.2012.12.007. (link)

Klaiber, H. A. and V. K. Smith. 2013. Quasi experiments, hedonic models, and estimating tradeoffs for local amenities. Land Economics 89(3):413-431. (link)

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Book Chapters

In Press

Zhao, M. and V. K. Smith. In Press. Residential water management: An economic perspective. In: Dinar, A. and K. Schwabe eds., Handbook of Water Research.

2012

Smith, V. K. 2012. How can policy encourage economically sensible climate adaptation?. Pp. 229-242 In: Fullerton, D. and C. Wolfram eds., The Design and Implementation of U.S. Climate Policy. NBER, University of Chicago Press.

Smith, V. K. 2012. Comments on "Regulatory choice with pollution and innovation". Pp. 74-78 In: Fullerton, D. and C. Wolfram eds., The Design and Implementation of U.S. Climate Policy. NBER, University of Chicago Press.

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Posters

2014

Smith, B. and V. K. Smith. 2014. Anticipating neighborhood level changes in water demand. Poster presented at the 16th Annual CAP LTER Poster Symposum and All Scientists Meeting, January 17, 2014, Skysong, Scottsdale, AZ.

2013

Fishman, J. and V. K. Smith. 2013. Sorting, attitude and preference alignment for local public goods. Poster presented at the 11 January 2013, 15th Annual CAP LTER Poster Symposium and All Scientist Meeting 2013, Skysong, Scottsdale, AZ. (link)

Presentations

2012

Smith, V. K. 2012. Sustainable environmental economics: Recognizing the importance of feedbacks from environmental systems for economic markets. Presented May 18, 2012 at Seoul National University, Seoul, South Korea.

Smith, V. K. 2012. Non-market general equilibrium analysis and environmental policy evaluation. Presented March 26, 2012 at the Berkeley Bioeconomy Conference, Berkeley, CA, March 26-28, 2012.

Smith, V. K. 2012. Environmental feedbacks and benefit-cost analysis. Presented May 4, 2012 at the Arizona Energy and Environmental Policy Workshop, May 4-5, 2012, University of Arizona, Tucson, AZ.

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Reports

2013

Larson, K. L., D. D. White, P. Gober, C. W. Kirkwood, V. K. Smith, M. C. Nelson, C. L. Redman and S. K. Wittlinger. 2013. Advancing science in support of water policy and urban climate change adaptation at Arizona State University’s Decision Center for a Desert City: A synthesis of interdisciplinary research on climate, water, and decision making under uncertainty. Decision Center for a Desert City, Arizona State University. Technical Report 13-02. (link)

2010

Smith, V. K. 2010. Pre-positioned policy as public adaptation to climate change. Resources for the Future. Issue Brief 10-07.

2007

Harlan, S. L., M. Budruk, A. Gustafson, K. L. Larson, D. M. Ruddell, V. K. Smith, A. Y. Wutich and S. T. Yabiku. 2007. Phoenix area social survey 2006 highlights: Community and environment in a desert metropolis. Center for Environmental Studies, ASU. Central Arizona - Phoenix Long-Term Ecological Research Series 4, Center for Environmental Studies, Arizona State Uni. (link)