Incentives for Spatially Coordinated Land Conservation: A Conditional Agglomeration Bonus Mechanism
AbstractThe agglomeration bonus literature has not recognized the potential of conditional agreements to overcome the informational requirements, particularly those of landowners, necessary to induce spatially coordinated land conservation. The model presented in this paper shows that the net social benefits produced by a conditional agglomeration bonus program are at least as large as those produced by a traditional uniform subsidy whenever the benefit function exhibits threshold effects and the uniform and CAB subsidies are equal. This result requires no assumptions about the information available to landowners. A regulator’s informational requirements are limited to the shape of the benefit function.
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 Agricultural and Applied Economics Association in its series 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin with number 49328.
Date of creation: 2009
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
Land Economics/Use; Q2;
Find related papers by JEL classification:
- Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
This paper has been announced in the following NEP Reports:
You can help add them by filling out this form.
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.