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Paul Thorsnes image PhD, University of Oregon

Tel: 64 3 479 8359
Room 523, 5th Floor, Otago Business School

Paul's research interests are primarily in the areas of urban and environmental economics and policy. Topics of recent and current research include study of interactions among urban amenities (local public goods) and residential development patterns, estimates of the values of urban amenities using data from house sales and stated choice surveys, and studies of variation in stated and revealed preferences for household energy-efficiency retrofits. Paul's teaching interests are in applied microeconomics, urban economics, and environmental economics.

Selected publications

Thorsnes, Paul, Robert Alexander and David Kidson (2015), “Low-income housing in high-amenity areas: Long-run effects on residential development,” Urban Studies, 52(2): 261-278.

Thorsnes, Paul and Tim Bishop (2013) “The value of basic building code insulation,” Energy Economics, 37: 68-81.

Thorsnes, Paul, John Williams and Rob Lawson (2012), "Consumer responses to time varying prices for electricity," Energy Policy, 49(1): 552-561.

Moore, Terry and Paul Thorsnes, with Bruce Appleyard (2007), The Transportation/Land Use Connection, Chicago: American Planning Association.

Thorsnes, Paul and John Reifel (2007), "Tiebout dynamics: Neighbourhood response to a central-city/suburban house-price differential," Journal of Regional Science, 47(4): 693-719.

McMillen, Daniel P. and Paul Thorsnes (2006), "Housing renovations and the quantile repeat sales price index", Real Estate Economics, 34(4): 567-584.

McMillen, Daniel P. and Paul Thorsnes (2003). "The aroma of Tacoma: Time varying average derivatives and the effect of a Superfund site on housing prices," Journal of Business and Economic Statistics, Vol. 21(2), pp. 237-246.

Thorsnes, Paul (2002), "The value of a suburban forest preserve: Estimates from sales of vacant residential building lots," Land Economics, Vol. 78(3), pp. 426-441.

Thorsnes, Paul (2000). "Internalizing neighbourhood externalities: The effect of subdivision size and zoning on residential lot prices," Journal of Urban Economics, Vol. 48, pp. 397-418.

Thorsnes, Paul and Daniel P. McMillen (1998). "Land value and parcel size: A semiparametric analysis," The Journal of Real Estate Finance and Economics, Vol. 17, pp. 233-244.

Thorsnes, Paul (1997). "Consistent estimates of the elasticity of substitution between land and non-land inputs in the production of housing," Journal of Urban Economics, Vol. 42, pp. 98-108.

Teaching responsibilities

Paul's teaching responsibilities include:


Fernandez, M. A., Sanchez, G., & Thorsnes, P. (2023). The amenity value of constructed wetlands. Australian Journal of Agricultural & Resource Economics. Advance online publication. doi: 10.1111/1467-8489.12549

Moore, A., Nguyen, Q., Diaz-Rainey, I., Cox, S., Bodeker, G., & Thorsnes, P. (2022). Modelling the effect of climate change-related flooding hazards (CCRFH) on coastal residential property values. Proceedings of the New Zealand Geospatial Research Conference (NZGRC). Retrieved from

Nguyen, Q., Thorsnes, P., Diaz-Rainey, I., Moore, A., Cox, S., & Stirk-Wang, L. (2022). Price recovery after the flood: Risk to residential property values from climate change-related flooding. Australian Journal of Agricultural & Resource Economics, 66, 532-560. doi: 10.1111/1467-8489.12471

Nguyen, Q., Diaz-Rainey, I., Moore, T., Thorsnes, P., Cox, S., McKenzie, L., & Stirk-Wang, L. (2019). Risk to residential property values from climate change-related flooding hazards: A mixed methods approach. SSRN. 71p. Retrieved from

Thorsnes, P., Lawson, R., & Stephenson, J. (2017). Household preferences for energy efficient space and water heating systems [Economics Discussion Papers No. 1713]. Dunedin, New Zealand: School of Business, University of Otago. 38p. Retrieved from

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