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

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.

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Year of publication:	2011
Authors:	Parkhurst, Gregory M ; Shogren, Jason F ; Crocker, Thomas
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Conservation \| tradable development rights \| spatial conservation \| market instruments

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	D02 - Institutions: Design, Formation, and Operations ; Q27 - Renewable Resources and Conservation: Issues in International Trade
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009359929