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Joel Landry

Assistant Professor of Environmental and Energy Economics

124 Hosler Building


Biographical Sketch: 

My research uses structural models in the domains of public finance and political economy to evaluate large-scale environmental policies related to energy systems and global climate change. Thematically, my interests cover three related areas:

  • The use of structural models to evaluate the revealed welfare implications of public policy and to understand policy design,
  • The welfare evaluation of public policy in the presence of pre-existing distortions and multiple market failures, and
  • The use of structural models to understand the equilibrium impacts of public policy on greenhouse gas emissions.

Methodologically, my focus is on advancing computational methods to solve these classes of models, the estimation and validation of these classes of models, and the use of Monte Carlo simulation to provide rich characterizations of uncertainty for these classes of models. This involves identifying, adapting, and developing novel computational methods from the fields of computational economics, operations research, computer science, and engineering.
As large-scale environmental and energy problems demand complex interdisciplinary answers, I am interested in developing quality interactions with both economists and non-economists that seek to integrate economic models with models of physical, engineering, chemical, and ecological systems. To this end, an ideal collaboration is one which fosters and extends our knowledge of and the tools of economics at the same time that it extends your primary field of knowledge. My educational background and current research demonstrate both this commitment as well as its promise to deepen our knowledge in profound ways. Please feel free to contact me, if you would be interested in such a collaboration.
Prior to joining Penn State in 2014, I completed my PhD at Cornell University where I studied environmental and energy economics and was a member of Dr. Antonio M. Bento's research group. I also hold a M.S. in Public Policy from the University of Maryland, College Park, where I studied environmental and development policy, and two B.A.s in economic and political science from Southern Illinois University, Carbondale.

Educational Background: 

Ph.D. (Economics and Computer Science minor) Cornell University, 2014.

M.S. (Public Policy) University of Maryland at College Park, 2007.

B.A. (Economics) Southern Illinois University at Carbondale (magna cum laude) December 2003.

B.A. (Political Science and Philosophy minor) Southern Illinois University at Carbondale (magna cum laude) December 2003.

Research Interests: 

Environmental economics
Energy economics
Public Finance
Political Economy

Selected Publications: 

"Are there Carbon Savings from US Biofuel Policies? The Critical Importance of Accounting for Leakage in Land and Fuel Markets" (with Antonio M. Bento and Richard Klotz). 2015. Forthcoming in The Energy Journal, 36(3): 75-109.


Outstanding Graduate Teaching Assistant, College of Agricultural and Life Sciences, Cornell University, Spring 2010