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Stress, Shock and the Sustainability of Resource Use in Semi-arid Environments

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  • Perrings, Charles

Abstract

This paper considers the overgrazing problem in low income countries, paying special attention to the joint influence of the economic and natural "environments" within which livestock farmers operate. The context is the argument that liberalisation of agricultural product markets will encourage the sustainable use of environmental resources. The paper explores the link between economic conditions and ecologically sustainable use of resources in semi-arid lands, using an infinite-horizon stochastic control range management model. The approach makes it possible to establish, for any given initial conditions, whether there exists an optimal policy that is ecologically sustainable under those conditions, and what economic environment and initial endowments would be sustainable.

Suggested Citation

  • Perrings, Charles, 1994. "Stress, Shock and the Sustainability of Resource Use in Semi-arid Environments," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 28(1), pages 31-53, March.
    • Handle: RePEc:spr:anresc:v:28:y:1994:i:1:p:31-53
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    Cited by:

    1. Charles Perrings & David Stern, 2000. "Modelling Loss of Resilience in Agroecosystems: Rangelands in Botswana," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 16(2), pages 185-210, June.
    2. Jakoby, Oliver & Grimm, Volker & Frank, Karin, 2014. "Pattern-oriented parameterization of general models for ecological application: Towards realistic evaluations of management approaches," Ecological Modelling, Elsevier, vol. 275(C), pages 78-88.

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