Munich Personal RePEc Archive

Tradable Set-Aside Requirements (TSARs): Conserving Spatially Dependent Environmental Amenities

Parkhurst, Gregory M and Shogren, Jason F and Crocker, Thomas (2011): Tradable Set-Aside Requirements (TSARs): Conserving Spatially Dependent Environmental Amenities.

[img]
Preview
PDF
MPRA_paper_34555.pdf

Download (311Kb) | Preview

Abstract

In the lab, we examine the effectiveness of two land use conservation policies: a tradable set aside requirements (TSARs), and the TSARs combined with an agglomeration bonus. Evaluated by bioeconomic efficiency, our experimental results suggest: 1) TSARs is a cost-effective land conservation tool; and 2) combining TSARS with the agglomeration bonus increases habitat connectivity but at a price—lower economic efficiency.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.