Professor Ben Groom

Professor Ben Groom

Professor of Environment and Development Economics

Department of Geography and Environment

Telephone
020 7852 3778
Room No
STC 4.20, St Clement's Building, LSE
Office Hours
Mondays: 13.00-15.00 (Book via Student Hub)
Connect with me

Languages
English, Spanish
Key Expertise
Applied Econometrics; Intergenerational Equity

About me

Ben Groom is Professor of Environment and Development Economics at the Department of Geography and Environment, London School of Economics and Political Science. He is also an associate of the Grantham Research Institute on Environment and Climate Change. His research has focussed on the welfare analysis of public policies that have long-term welfare effects. In particular he has worked on the determinants of the social discount rate (SDR) and empirical measures of intergenerational and intra-generational fairness. Current projects include research on the impact of different positions on intergenerational fairness on climate change policy; devising new measures of economic performance that internalise and reflect aversion to income inequality; empirical measures of inequality aversion over environmental quality;  and, the causes of deforestation and biodiversity loss, and the effectiveness of preventative policies. His work in these areas cover both developed and developing countries such as Indonesia, Bolivia and Ethiopia. Prof Groom's work has fed into advice for international organisations such as the World Bank, the OECD, the Asian Development Bank and the WWF. He has also advised governments in the UK, USA, Norway, France, China and Pakistan, on various aspects of environmental policy.

Ben is the co-organiser of the BIOECON Conference, which takes place at the University of Cambridge. Read more about the 16th BIOECON Conference, 17th BIOECON Conference and 18th BIOECON Conference.

View Prof Groom's CV.

Expertise Details

Social Discounting and Cost Benefit Analysis; Payments for Environmental Services; Biodiversity Conservation; The Impact of Agricultural Technology in Developing Countries; Water and Groundwater Economics

Countries and regions

Bolivia: Payments for Ecosystem Services.; China: Water Resource Management and Payments for Ecosystem Services; OECD: Social Discounting and Intergenerational Equity;Pakistan: Climate Adaptation; West Africa [Nigeria, Cote D'Ivoire, Gambia]: Impact of NERICAS

Sectors and industries

Consultancy; Environment; Policy and Regulatory Bodies

Selected publications

  • Emmerling, Johannes. Groom, Ben and Wettingfeld, Tanja 'Discounting and the representative median agentEconomics Letters Volume 161, December 2017, pp. 78-81

  • Freeman M.C. and Groom, Ben (forthcoming). ‘How certain are we about the certainty equivalent long-run social discount rate?’ Journal of Environmental Economics and Management, DOI 10.1016/j.jeem.2016.06.004
  • Dietz S, Groom, Ben and Pizer W (2016). ‘Weighing the costs and benefits of climate change to our children.’ Future of Children, 26(1), pp133-55. Special issue on climate change, Olivier Deschenes and Janet Currie (eds), Princeton-Brookings
  • Groom, Ben (2015). Book review of ‘Natural Capital: Valuing the Planet’ by Dieter Helm. Journal of Economic Literature. 53(4) pp 1043-1045, DOI:10.1257/jel.53.4.1017
  • Freeman M C, Groom, Ben, Panipoulou K and Pantelides T (2015). ‘Declining Discount Rates and the Fisher Effect: Inflated Past, Discounted Future’. Journal of Environmental Economics and Management. 73, pp. 32-49
  • Cropper M.L., Freeman M.C., Groom, Ben and Pizer W (2014). Declining Discount RatesAmerican Economic Review: Papers and Proceedings, 104(5): pp. 538-43
  • Freeman M.C. and Groom, Ben (2014). ‘Using Equity Premium Survey Data to Estimate Future Wealth’. Review of Quantitative Finance and Accounting, DOI 10.1007/s11156-014-0451-7
  • Groom, Ben  (2013). Book review of ‘Pricing our Planet’s Future’ by Christian Gollier. Journal of Economic Literature, 51(3), pp 894-97, DOI:10.1257/jel.51.3.883.r7
  • Arrow, K., Cropper, M., Gollier, C., Groom, Ben, Heal, G., Newell, R., Nordhaus, W., Pindyck, R., Pizer, W., Portney, P., Sterner, T., Tol, R. S. J. and Weitzman, M. (2013) Determining benefits and costs for future generations. Science, 341 (6144). pp. 349-350. ISSN 0036-8075
  • Gatti, Rupert, Goeschl, Timo, Groom, Ben and Swanson, Timothy (2011) The biodiversity bargaining problem. Environmental and resource economics, 48 (4). 609-628 . ISSN 0924-6460
  • Groom, Ben, Koundouri P, Panipoulou K and Pantelides T (2007). ‘Declining Discount Rates: How much does model selection affect the certainty equivalent discount rate?’ Journal of Applied Econometrics, 22(3), pp. 641-656

My research