Modelling socially optimal land allocations for sugar cane growing in North Queensland: a linked mathematical programming and choice modelling study
AbstractA modelling framework is developed to determine the joint economic and environmental net benefits of alternative land allocation strategies. Estimates of community preferences for preservation of natural land, derived from a choice modelling study, are used as input to a model of agricultural production in an optimisation framework. The trade‐offs between agricultural production and environmental protection are analysed using the sugar industry of the Herbert River district of north Queensland as an example. Spatially‐differentiated resource attributes and the opportunity costs of natural land determine the optimal trade‐offs between production and conservation for a range of sugar prices.
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Bibliographic InfoArticle provided by Australian Agricultural and Resource Economics Society in its journal Australian Journal of Agricultural and Resource Economics.
Volume (Year): 45 (2001)
Issue (Month): 3 (September)
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Crop Production/Industries; Land Economics/Use;
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