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Could State-Level Variation in the Number of Land Trusts Make Economic Sense?

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  • Heidi J. Albers
  • Amy W. Ando

Abstract

The number of land trusts in a state varies widely across the United States. Could such variation make economic sense? This paper models the optimal number of private conservation agents in a region and highlights two competing forces: spatial externalities in conservation that increase the efficiency of having few agents and diversity in conservation goals that means that specialization and de-concentration can be efficient. A state-level, count data analysis indicates that some observed patterns in the numbers of trusts are consistent with patterns expected in the optimal numbers of trusts. Some results identify areas for research and possible policy intervention.

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File URL: http://le.uwpress.org/cgi/reprint/79/3/311
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Bibliographic Info

Article provided by University of Wisconsin Press in its journal Land Economics.

Volume (Year): 79 (2003)
Issue (Month): 3 ()
Pages: 311-327

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Handle: RePEc:uwp:landec:v:79:y:2003:i:3:p:311-327

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Web page: http://le.uwpress.org/

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Cited by:
  1. Travis Warziniack, 2009. "Efficiency of Public Goods Provision in Space," Working Papers 0483, University of Heidelberg, Department of Economics.
  2. Parker, Dominic P. & Thurman, Walter N., 2004. "Crowding Out Open Space: The Effects Of Federal Land Programs On Land Trust Activity," 2004 Annual meeting, August 1-4, Denver, CO 20190, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  3. Albers, Heidi J. & Ando, Amy W. & Batz, Michael, 2008. "Patterns of multi-agent land conservation: Crowding in/out, agglomeration, and policy," Resource and Energy Economics, Elsevier, vol. 30(4), pages 492-508, December.

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