Parkhurst, Gregory M and Shogren, Jason F and Crocker, Thomas (2011): Tradable Set-Aside Requirements (TSARs): Conserving Spatially Dependent Environmental Amenities.
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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.
Item Type: | MPRA Paper |
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Original Title: | Tradable Set-Aside Requirements (TSARs): Conserving Spatially Dependent Environmental Amenities |
Language: | English |
Keywords: | Conservation, tradable development rights, spatial conservation, market instruments |
Subjects: | D - Microeconomics > D0 - General > D02 - Institutions: Design, Formation, Operations, and Impact Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q2 - Renewable Resources and Conservation > Q27 - Issues in International Trade |
Item ID: | 34555 |
Depositing User: | Gregory M. Parkhurst |
Date Deposited: | 06 Nov 2011 15:15 |
Last Modified: | 26 Sep 2019 20:38 |
References: | Parkhurst, Gregory M., Shogren, Jason F., Crocker, Thomas, "Tradable Set-Aside Requirements (TSARs): Conserving Spatially Dependent Environmental Amenities," 2011 Weber State University Working paper |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/34555 |