The University of Western Australia

UWA Staff Profile

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Maksym Polyakov

Dr Maksym Polyakov

Research Fellow
Agriculture and Environment, School of

Contact details
School of Agriculture and Environment
The University of Western Australia (M089)
35 Stirling Highway
+61 8 6488 5509
Personal homepage
Room G010, Agriculture North West Wing, Perth campus

Research Fellow
Environmental Economics and Policy, Centre for (CEEP)

Contact details
Centre for Environmental Economics and Policy (CEEP)
The University of Western Australia (M089)
35 Stirling Highway
+61 8 6488 5509
Personal homepage
Room G010, Agriculture North West Wing, Perth campus
MS KTH (Stockholm), PhD Auburn
Maksym received his doctorate degree in applied economics from Auburn University in 2004. Prior to coming to UWA, he had postdoctoral positions at Auburn University and North Carolina State University studying anthropogenic effects on diversity of forest trees; impact of property tax policy, urbanization, and markets on land use change; and analysing harvest behaviour of private forest owners. He is interested in the integration of ecology and economics to better understand the choices humans make concerning natural resources and consequences of these choices for the environment.
Key research
Economics of land use change
Economics of ecological restoration
Spatially explicit bio-economic modelling
Valuation of ecosystem services
Economics of urban public open space
Economics of water sensitive urban design
POLYAKOV, M., M. CHALAK, M.S. IFTEKHAR, R. PANDIT, S. TAPSUWAN, F. ZHANG, and C. MA. 2017. Authorship, collaboration, topics, and research gaps in environmental and resource economics 1991-2015. Environmental and Resource Economics (in press)

POLYAKOV, M., S. POLYAKOV, and M.S. IFTEKHAR. 2017. Does academic collaboration equally benefit impact of research across topics? The case of agricultural, resource, environmental and ecological economics. Scientometrics (in press)

POLYAKOV, M., J. FOGARTY, F. ZHANG, R. PANDIT, AND D.J. PANNELL. 2017. The value of restoring urban drains to living streams. Water Resources and Economics. 17:42-55

IFTEKHAR, M.S., M. POLYAKOV, D. ANSELL, F. GIBSON, and G. KAY. 2017. How economics can further the success of ecological restoration. Conservaton Biology. 31(2):123-139.

CHALAK, M., M. POLYAKOV, AND D.J. PANNELL. 2017. Economics of controlling invasive species: A stochastic optimization model for a spatial-dynamic process. American Journal of Agricultural Economics. 99(1):123–139.

THAMO, T., D.J. PANNELL, M.E. KRAGT, M.J. ROBERTSON, AND M. POLYAKOV. 2017. Dynamics and the economics of carbon sequestration. Mitigation and Adaptation Strategies for Global Change 22(7):1095–1111.

POLYAKOV, M., F.L. GIBSON, AND D.J. PANNELL. 2016. Antipodean agricultural and resource economics at 60: Trends in topics, authorship and collaboration. Australian Journal of Agricultural and Resource Economics 60(4):506-515

MA, C., M. POLYAKOV, AND R. PANDIT. 2016. Capitalisation of residential solar photovoltaic systems in Western Australia. Australian Journal of Agricultural and Resource Economics.

POLYAKOV, M. AND D.J. PANNELL. 2016. Accounting for private benefits in ecological restoration planning. In Learning from Agri-Environment Schemes in Australia. Ansell, D., F. Gibson, and D. Salt (eds.). ANU Press, Canberra, Australia.

IFTEKHAR, M.S., M. POLYAKOV, AND F. GIBSON. 2016. Restoring ecosystem services on private farmlands: Lessons from economics. In Learning from Agri-Environment Schemes in Australia. Ansell, D., F. Gibson, and D. Salt (eds.). ANU Press, Canberra, Australia.

TAPSUWAN, S. AND M. POLYAKOV. 2016. Correctly Specifying Environmental Assets in Spatial Hedonic Pricing Models. Society & Natural Resources. 29(2):233–249

POLYAKOV, M., D. PANNELL, R. PANDIT, S. TAPSUWAN, AND G. PARK. 2015. Capitalized amenity value of native vegetation in a multifunctional rural landscape. American Journal of Agricultural Economics. 97(1):299–314.

POLYAKOV, M., D.J. PANNELL, M. CHALAK, G. PARK, A. ROBERTS AND A.D. ROWLES. 2015. Restoring Native Vegetation in an Agricultural Landscape: Spatial Optimization for Woodland Birds. Land Economics. 91(2):252–271.

ZHANG, F., M. POLYAKOV, J. FOGARTY, AND D.J. PANNELL. 2015. The capitalized value of rainwater tanks in the property market of Perth, Australia. Journal of Hydrology 522:317–325.

PANDIT, R., M. DHAKAL, AND M. POLYAKOV. 2015. Valuing access to protected areas in Nepal: The case of Chitwan National Park. Tourism Management. 50:1-12.

TAPSUWAN, S., M. POLYAKOV, R. BARK, AND M. NOLAN. 2015. Valuing the Barmah-Millewa Forest and instream river flows: Spatial heteroskedasticity and autocorrelation consistent (SHAC) approach. Ecological Economics. 110:98–105.

MA, C., A. ROGERS, M.E. KRAGT, F. ZHANG, M. POLYAKOV, F. GIBSON, M. CHALAK, R. PANDIT, AND S. TAPSUWAN. 2015. Consumers’ willingness to pay for renewable energy: A meta-regression analysis. Resource and Energy Economics. 42:93-109.

LECHNER, A., C. RAYMOND, V. ADAMS, M. POLYAKOV, A. GORDON, J. RHODES, M. MILLS, A. STEIN, C. IVES, AND T. LEFROY. 2014. Characterizing spatial uncertainty when integrating social data in conservation planning: A review and research agenda. Conservation Biology. 28(6):1497–1511.

conceptualization of conservation opportunity. Conservation Biology. 28(6):1484–1496.

PANDIT, R., M. POLYAKOV, AND R. SADLER. 2014. Valuing public and private urban tree canopy cover. Australian Journal of Agricultural and Resource Economics 57(3):453–470.

POLYAKOV, M., D. PANNELL, R. PANDIT, S. TAPSUWAN, and G. PARK. 2013. Valuing environmental assets on rural lifestyle properties. Agricultural and Resource Economics Review 42(1):159–175.

POLYAKOV, M., A.D. ROWLES, J.Q. RADFORD, A.F. BENNETT, G. PARK, A. ROBERTS, and D. PANNEL. 2013. Using habitat extent and composition to predict the occurrence of woodland birds in fragmented landscapes. Landscape Ecology 28(2):329–341.

PANDIT, R., M. POLYAKOV, S. TAPSUWAN, AND T. MORAN. 2013. The effect of street trees on property value in Perth, Western Australia. Landscape and Urban Planning 110:134–142.

ZHANG, D., L. MENG, AND M. POLYAKOV. 2013. Determinants of the prices of bare forestland and pre-merchantable timber stands: A spatial hedonic study. Forest Science. 59(4):400–406.

POLYAKOV, M., D.N. WEAR, AND R.N. HUGGETT. 2010. Harvest choice and timber supply models for forest forecasting. Forest Science 56(4):344–355.

ZHANG, D. AND M. POLYAKOV. 2010. The geographical distribution of plantation forests and land resources potentially available for pine plantation in the U.S. South. Biomass and Bioenergy 34(12):1643–1654.

POLYAKOV, M. AND D. ZHANG. 2010. Land use dynamics along urban-rural gradient: A comparison of modeling approaches. P. 33–46 in Global Change and Forestry: Economic and Policy Impacts and Responses. Gan, J., S. Grado, and I. Munn (eds.). Nova Science Publishers, Hauppauge, NY.

MAJUMDAR, I., M. POLYAKOV, L. TEETER, AND B. BUTLER. 2010. A nested logit approach to modeling forest land use change. P. 47–62 in Global Change and Forestry: Economic and Policy Impacts and Responses. Gan, J., S. Grado, and I. Munn (eds.). Nova Science Publishers, Hauppauge, NY.

MAJUMDAR, I., M. POLYAKOV, L.D. TEETER, AND B.J. BUTLER. 2009. Effect of population pressure on forest land use change in Alabama: A nested logit approach. International Journal of Ecological Economics & Statistics 14(P09):77–93.

POLYAKOV, M. AND D. ZHANG. 2008a. Property tax policy and land use change. Land Economics 84(3):396–408.

POLYAKOV, M. AND D. ZHANG. 2008b. Population growth and land use dynamics along urban-rural gradient. Journal of Agricultural and Applied Economics 40(2):649–666.

POLYAKOV, M., I. MAJUMDAR, AND L. TEETER. 2008. Spatial and temporal analysis of the anthropogenic effects on local diversity of forest trees. Forest Ecology and Management 255(5–6):1379–1387.

POLYAKOV, M. AND L. TEETER. 2007. Modeling pulpwood trade within the United States South. Forest Science 53(3):414–425.

TEETER, L., M. POLYAKOV, AND X. ZHOU. 2006. Incorporating interstate trade in a Multi-region Timber Projection System. Forest Products Journal 56(1):19–27.

POLYAKOV, M. AND T. SYDOR. 2006. Forestry in Ukraine: the road ahead? — Comment. Forest Policy and Economics 8(1):1–5.

POLYAKOV, M. AND L. TEETER. 2005. The influence of regulatory forest policy tools on biodiversity measures for forests in Ukraine. Forest Policy and Economics 7(6):848–856.

POLYAKOV, M., L. TEETER, AND J.D. JACKSON. 2005. Econometric analysis of Alabama’s pulpwood market. Forest Products Journal 55(1):41–44.

POLYAKOV, M. AND L. TEETER. 2003. Redesigning forest policy tools under a transitional economy setting. P. 95–105 in Forest Policy for Private Forestry: Global and Regional Challenges. Teeter, L., B. Cashore, and D. Zhang (eds.). CABI Publishing, Wallingford, UK.
Funding received
2016. CRC for Water Sensitive Cities ex National University of Singapore, “Economic Evaluation of ABC Waters Design Features Implemented by the Private Sector & Public Agencies”. $129,570
Sayed Iftekhar, David Pannell, James Fogarty and Maksym Polyakov

2010. UWA Research Development Award Scheme “The Value of Urban Trees in the Perth Metropolitan Area: A hedonistic Analysis of Home Sale Prices.” $24,178. Ram Pandit, Maksym Polyakov, and Rohan Sadler.
2007. National Council for Air and Stream Improvement, Inc. (NCASI), Research Triangle Park, NC. “Quantitative Assessment of Land Resources Currently and Potentially Available for Tree Plantations in the U.S. South.” $20,000. Daowei Zhang and Maksym Polyakov.
English; Ukrainian; Russian
Australian Agricultural and Resource Economics Society (AARES)
Agricultural & Applied Economics Association (AAEA)
Honours and awards
2013 Best Poster, AARES 2013 conference, Port Macquarie NSW
2011 Participant at Theo Murphy High Flyers Think Tank, Australian Academy of Science
2004 Auburn University Outstanding Doctoral Student for 2003–2004
2003 Merriwether Fellowship
2001-2004 Graduate Research Fellow, Auburn University
Previous positions
2008 Research Associate, Department of Forestry and Natural Resources, North Carolina State University
2005–2007 Research Fellow, School of Forestry and Wildlife Sciences, Auburn University
SCIE3367. Decision Tools for NRM
Current projects
Optimal revegetation of agricultural land for biodiversity
Valuing environmental assets in rural landscapes
Values of trees and green space in Perth
Water Sensitive Cities: economic modelling and analysis
Comparing strategies for investing in biodiversity
Research profile
Research profile and publications

The University of Western Australia

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Last updated:
Tuesday, 3 November, 2015 2:39 PM