Where and how can policy encourage afforestation to avoid soil erosion?
AbstractUnderstanding the economic value of avoided soil erosion in New Zealand is an important factor in policy decision making enabling the acknowledgement of the costs of erosion to the economy. This paper focuses on potential for afforestation to mitigate erosion risks on marginal agricultural hill country lands. Spatial economic modelling is undertaken to determine the net private and public benefit due to the avoided soil erosion from afforesting these areas. The study indicates that in some cases forestry is not viable and thus the public benefit from avoided erosion (and other ecosystem services) will not be forthcoming in these areas. Afforestation of these areas may therefore require positive incentives or improvements in forest and farm systems and technologies, depending on the relative weight of the public and private net benefits.
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Bibliographic InfoPaper provided by New Zealand Agricultural and Resource Economics Society in its series 2012 Conference, August 31, 2012, Nelson, New Zealand with number 136042.
Date of creation: Aug 2012
Date of revision:
Spatial economic modelling; ecosystem services; soil erosion; public policy; Environmental Economics and Policy; Land Economics/Use;
This paper has been announced in the following NEP Reports:
- NEP-AGR-2012-11-24 (Agricultural Economics)
- NEP-ALL-2012-11-24 (All new papers)
- NEP-ENV-2012-11-24 (Environmental Economics)
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.:
- David J. Pannell, 2008. "Public Benefits, Private Benefits, and Policy Mechanism Choice for Land-Use Change for Environmental Benefits," Land Economics, University of Wisconsin Press, vol. 84(2), pages 225-240.
- Dominati, Estelle & Patterson, Murray & Mackay, Alec, 2010. "A framework for classifying and quantifying the natural capital and ecosystem services of soils," Ecological Economics, Elsevier, vol. 69(9), pages 1858-1868, July.
- Engel, Stefanie & Pagiola, Stefano & Wunder, Sven, 2008. "Designing payments for environmental services in theory and practice: An overview of the issues," Ecological Economics, Elsevier, vol. 65(4), pages 663-674, May.
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