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Environmental Policy Analysis And Instruments For Biodiversity Conservation: A Review Of Recent Economic Literature

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  • Bhattarai, Madhusudan
  • Hammig, Michael D.
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    Abstract

    This paper provides a synthesis of recent literature dealing with the institutional environment, policy framework, and economic instruments used in policy analysis related to the conservation and sustainable use of biodiversity resources. The paper analyzes the economic consequences of alternative policy options and summarizes the application of these economic issues in the formulation of biodiversity protection policy. The paper also concludes that the proper understanding of underlying institutions and, if needed, institutional reforming procedures are also required to provide appropriate incentive structures for conservation and sustainable use of biodiversity resources. Illustrations of these principles and examples are taken from published accounts of biodiversity policy debates and policy implications.

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    File URL: http://purl.umn.edu/18810
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    Bibliographic Info

    Paper provided by Clemson University, Department of Agricultural and Applied Economics in its series Working Papers with number 18810.

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    Date of creation: 1998
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    Handle: RePEc:ags:cuaewp:18810

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    Postal: Clemson, SC 29634-0355
    Web page: http://cherokee.agecon.clemson.edu/welcome9.htm
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    Related research

    Keywords: biodiversity; conservation; resource management; Environmental Economics and Policy; Q2; Q3;

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    1. Spash, Clive L. & Hanley, N, 1994. "Preferences, information and biodiversity preservation," MPRA Paper 38351, University Library of Munich, Germany.
    2. Norton-Griffiths, Michael & Southey, Clive, 1995. "The opportunity costs of biodiversity conservation in Kenya," Ecological Economics, Elsevier, vol. 12(2), pages 125-139, February.
    3. Rolfe, John, 1995. "Ulysses Revisited - A Closer Look At The Safe Minimum Standard Rule," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 39(01), April.
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