Laura Taylor
· ProfessorGeorgia Institute of Technology · Economics
Active 1998–2024
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About
Dr. Laura Taylor is a Professor in the School of Economics at Georgia Tech and serves as the Director of the Energy Policy and Innovation Center (EPIcenter). She has extensive experience in policy evaluation and the valuation of natural resources and the environment. Her research includes evaluating the impact of renewable energy infrastructure on local communities, assessing the health outcomes related to air pollution exposures, improving benefits estimation for policies aimed at reducing human mortality, examining household responses to water conservation policies, and evaluating the benefits of hazardous waste site cleanup. Her work has been funded by agencies such as the US EPA, USDA, US Department of Interior, and the National Science Foundation. Dr. Taylor has held leadership roles including chairing the School of Economics from 2018 to 2024, and she has been involved in numerous advisory positions at the state and federal levels. She is a Fellow of the Association of Environmental and Resource Economists, Vice President of the Southern Economic Association, and a member of the Board of Directors for Resources for the Future. Her academic background includes a Ph.D. from North Carolina State University, an M.A. from Duke University, and a B.S. from the University of North Carolina at Asheville. Her teaching interests encompass Environmental Economics and Microeconomics, and her research fields focus on environmental economics, energy economics, and energy, climate,…
Research topics
- Economics
- Business
- Environmental science
- Political Science
- Computer Science
- Engineering
- Microeconomics
- Labour economics
- Mathematics
- Econometrics
Selected publications
Policy Brief—What’s in a Name? A Search for Alternatives to “VSL”
Review of Environmental Economics and Policy · 2018-11-16 · 30 citations
articleOpen accessSenior authorCorrespondingBenefit-cost analyses of environmental, health, and safety regulations often rely on an estimate of the value of statistical life (VSL) to calculate the aggregate benefits of reducing human mortality risk. The VSL represents the marginal rate of substitution between mortality risk and money. Although this concept is well-understood by economists, it is viewed by many non-economists as confusing technical jargon that borders on the immoral. Based on focus groups and a quantitative ranking exercis…
Utility-Scale Solar Farms and Agricultural Land Values
Land Economics · 2022 · 21 citations
Senior authorCorrespondingProperty value models are used to examine how utility-scale, ground-mount solar farms affect nearby agricultural land values. Results indicate that solar farms do not have direct positive or negative spillover effects on nearby agricultural land values. However, results also suggest that solar farm construction may indirectly affect agricultural land values by signaling the land’s suitability for future solar development. Specifically, results indicate that proximity of agricultural land to elec…
Review of Environmental Economics and Policy · 2020 · 18 citations
Senior authorCorrespondingThe hedonic wage model provides a key input into benefit–cost analyses of public policies that are aimed at reducing mortality risks: an estimate of the value of reduced mortality risk (VRMR), also known as the value of a statistical life. Because a large majority of the benefits associated with policies that improve air quality stem from mortality risk reductions, estimates of the VRMR play an exceptionally important role. The use of VRMR estimates from hedonic wage studies in benefit–cost anal…
Environmental Management · 2021 · 16 citations
Subnational entities are recognizing the need to systematically examine options for reducing their carbon footprints. However, few robust and comprehensive analyses are available that lay out how US states and regions can most effectively contribute. This paper describes an approach developed for Georgia-a state in the southeastern United States called "Drawdown Georgia", our research involves (1) understanding Georgia's baseline carbon footprint and trends, (2) identifying the universe of Georg…
Journal of Environmental Management · 2024-01-01 · 6 citations
article
Frequent coauthors
- 11 shared
Roger H. von Haefen
North Carolina State University
- 11 shared
Casey J. Wichman
Resources For The Future
- 7 shared
Kevin Boyle
Northwestern University
- 6 shared
Daniel J. Phaneuf
Agricultural & Applied Economics Association
- 6 shared
Jonathan Lee
- 5 shared
Ronald G. Cummings
- 5 shared
John B. Braden
- 4 shared
Xiangping Liu
Changchun University
Labs
Awards & honors
- Fellow of the Association of Environmental and Resource Econ…
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