Bundled Ecosystem Markets – Are They The Future?
AbstractBundled ecosystem markets may be the next big buzz in environmental policy and ecosystem conservation and restoration. But what does it mean? And what is the feasibility of these markets? While single service ecosystem markets are proliferating, bundled ecosystem markets are not. Using some ‘enabling’ and ‘operating’ conditions identified for various single ecosystem markets, I will see how these conditions hold as you move to bundled ecosystem markets. I also outline some of the hurdles that confront the development of bundled ecosystem markets and what may need to be reconciled to move these markets forward. This article is aimed at stimulating greater thinking and promoting more exploration by the policy and research community into the development of bundled ecosystem markets.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida with number 6166.
Date of creation: 2008
Date of revision:
Contact details of provider:
Postal: 555 East Wells Street, Suite 1100, Milwaukee, Wisconsin 53202
Phone: (414) 918-3190
Fax: (414) 276-3349
Web page: http://www.aaea.org
More information through EDIRC
bundled ecosystem markets; market-based instruments; policy; trading; ecosystem services; markets; Environmental Economics and Policy;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Randall, Alan & Taylor, Michael A., 2000. "Incentive-Based Solutions To Agricultural Environmental Problems: Recent Developments In Theory And Practice," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 32(02), August.
- King, Dennis M., 2005. "Crunch Time for Water Quality Trading," Choices, Agricultural and Applied Economics Association, vol. 20(1).
- Greenhalgh, Suzie & Selman, Mindy, 2008. "Water quality trading programs: A comparison between the Northern and Southern Hemispheres," 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia 6028, Australian Agricultural and Resource Economics Society.
- Murtough, Greg & Aretino, Barbara & Matysek, Anna, 2002. "Creating Markets for Ecosystem Services," Staff Research Papers 31912, Productivity Commission.
- Kydland, Finn E & Prescott, Edward C, 1977. "Rules Rather Than Discretion: The Inconsistency of Optimal Plans," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 473-91, June.
- Greg Murtough & Barbara Aretino & Anna Matysek, 2002. "Creating markets for ecosystem services," Urban/Regional 0207001, EconWPA.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).
If references are entirely missing, you can add them using this form.