Bioeconomic Evaluation of Government Agricultural Programs on Wetlands Conversion
AbstractAn optimal control model is used to investigate the effect of government agricultural support programs on wetlands conversion in Canada's pothole region. Under existing grain programs, about 19 percent of land is left in an unimproved state conducive for waterfowl habitat; in the absence of government subsidies, 43 percent of agricultural land is left unimproved. The shadow values of marginal land are estimated to be $50-$60/acre. Given that habitat preservation programs pay farmers no more than $30/acre to maintain waterfowl habitat, and since Canadian programs have no conservation compliance provisions, it appears that current policy is misguided.
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Bibliographic InfoArticle provided by University of Wisconsin Press in its journal Land Economics.
Volume (Year): 69 (1993)
Issue (Month): 1 ()
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- G. Cornelis van Kooten & Patrick Withey & Linda Wong, 2010.
"Bioeconomic modeling of wetlands and waterfowl in Western Canada: Accounting for amenity values,"
2010-04, University of Victoria, Department of Economics, Resource Economics and Policy Analysis Research Group.
- G. Cornelis van Kooten & Patrick Withey & Linda Wong, 2011. "Bioeconomic Modeling of Wetlands and Waterfowl in Western Canada: Accounting for Amenity Values," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 59, pages 167-183, 06.
- van Kooten, G. Cornelis & Withey, Patrick & Wong, Linda, 2010. "Bioeconomic modeling of wetlands and waterfowl in Western Canada: Accounting for amenity values," Annual Meeting, 2010, Denver Colorado, July 25-27 61308, Canadian Agricultural Economics Society.
- Linda Fernandez & Larry Karp, 1998. "Restoring Wetlands Through Wetlands Mitigation Banks," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 12(3), pages 323-344, October.
- G. Cornelis van Kooten & Patrick Withey & Linda Wong, 2011. "Climate Change Impacts on Waterfowl Habitat in Western Canada," Working Papers 2011-03, University of Victoria, Department of Economics, Resource Economics and Policy Analysis Research Group.
- Nunes, P.A.L.D. & Nijkamp, P., 2011. "Biodiversity: Economic perspectives," Serie Research Memoranda 0002, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
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