A dynamic model of biodiversity preservation
Abstract
This paper attempts to develop a dynamic model of optimal biodiversity preservation in a stylized ecosystem. Species richness (number of species) is used as a measure of diversity and its interactions with the resource stock, consumptive extraction and preservation efforts are explored using a two-state variable optimal control model. The analysis extends to the implications of a random threshold in species richness and the relationship between ecological and economic stability conditions. Dynamic paths and equilibrium characteristics are illustrated using numerical techniques.Download Info
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Article provided by Cambridge University Press in its journal Environment and Development Economics.
Volume (Year): 3 (1998)
Issue (Month): 02 (May)
Pages: 157-172
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Simone Borghesi & Angelo Antoci & Paolo Russu, 2004.
"Biodiversity and Economic Growth: Stabilization Versus Preservation of the Ecological Dynamics,"
Working Papers
2004.18, Fondazione Eni Enrico Mattei.
- Antoci, Angelo & Borghesi, Simone & Russu, Paolo, 2004. "Biodiversity and economic growth: stabilization versus preservation of the ecological dynamics," MPRA Paper 13666, University Library of Munich, Germany.
- Gerber, Nicolas, 2009. "Measuring Biodiversity – an axiomatic evaluation of measures based on genetic data," Discussion Papers 51305, University of Bonn, Center for Development Research (ZEF).
- Russu, Paolo, 2012. "On the Optimality of Limit Cycles in Nature Based-Tourism," MPRA Paper 36599, University Library of Munich, Germany.
- Chuan-Zhong Li & Karl-Gustaf Löfgren & Martin Weitzman, 2001. "Harvesting versus Biodiversity: An Occam's Razor Version," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 18(4), pages 355-366, April.
- Francisco Cabo & Guiomar Martín-Herrán, 2006. "North–South transfers vs biodiversity conservation: a trade differential game," The Annals of Regional Science, Springer, vol. 40(2), pages 249-278, June.
- C. Martijn van der Heide & Jeroen C.J.M. van den Bergh & Ekko C. van Ierland, 1999. "Globalisation and Nature Policy: An Integrated Environmental-Economic Framework," Tinbergen Institute Discussion Papers 99-090/3, Tinbergen Institute.
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