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Unintended Impacts of Public Investments on Private Decisions: The Depletion of Forested Wetlands Author info | Abstract | Publisher info | Download info | Related research | Statistics Stavins, Robert N
Jaffe, Adam B
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By affecting relative economic returns, infrastructure investments can induce major changes in private land use. The authors find that 30 percent of forested wetland depletion in the Mississippi Valley has resulted from private decisions induced by federal flood-control projects, despite explicit federal policy to preserve wetlands. The model aggregates individual land-use decisions using a parametric distribution of unobserved land quality; dynamic simulations are used to quantify the impacts on wetlands of federal projects and other factors. Copyright 1990 by American Economic Association.
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Article provided by American Economic Association in its journal American Economic Review .
Volume (Year): 80 (1990)
Issue (Month): 3 (June)
Pages: 337-52
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Handle: RePEc:aea:aecrev:v:80:y:1990:i:3:p:337-52Contact details of provider: Email: Web page: http://www.aeaweb.org/aer/ More information through EDIRC
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Deacon, Robert T. & Brookshire, David S. & Fisher, Anthony C. & Kneese, Allen V. & Kolstad, Charles D. & Scrogin, David & Smith, V. Kerry & Ward, Michael & Wilen, James, 1998.
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Linda Fernandez & Larry Karp, 1998.
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Stavins, Robert, 2000.
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Lewis, David J. & Plantinga, Andrew J., 2004.
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Vance, Colin & Iovanna, Rich, 2003.
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de Pinto, Alessandro & Nelson, Gerald C., 2004.
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