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The Bioeconomics of Spatial-Dynamic Systems in Natural Resource Management

Author

Listed:
  • Kroetz, Kailin

    (Resources for the Future)

  • Sanchirico, James N.

Abstract

We synthesize literature on the spatial aspects of coupled natural-human systems across a variety of natural resource contexts and introduce a framework that can be used to compare modeling approaches and findings across applications. The important components of these systems include spatial heterogeneity in benefits and costs and connectivity of the network. One or more of these components is necessary for spatial policies to be the efficient solution. We highlight the importance of these components by identifying their role in previous work that shows that spatial differentiation in policy implementation is optimal. We pay particular attention to research highlighting the difference between spatial and aspatial policies and the presence of optimal boundary solutions. Finally, we develop a stylized metapopulation model to relate findings in the spatial bioeconomic literature to the theory of second best in public economics and suggest areas for future analysis.

Suggested Citation

  • Kroetz, Kailin & Sanchirico, James N., 2015. "The Bioeconomics of Spatial-Dynamic Systems in Natural Resource Management," RFF Working Paper Series dp-15-14, Resources for the Future.
    • Handle: RePEc:rff:dpaper:dp-15-14
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    File URL: http://www.rff.org/RFF/documents/RFF-DP-15-14.pdf
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    Cited by:

    1. Gabriel S. Sampson & James N. Sanchirico, 2019. "Exploitation of a Mobile Resource with Costly Cooperation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(4), pages 1135-1163, August.
    2. José G. Vargas-Hernández & Karina Pallagst & Patricia Hammer, 2017. "Bio economy’s institutional and policy framework for the sustainable development of nature´s ecosystems," Economia Coyuntural,Revista de temas de perspectivas y coyuntura, Instituto de Investigaciones Economicas y Sociales 'Jose Ortiz Mercado' (IIES-JOM), Facultad de Ciencias Economicas, Administrativas y Financieras, Universidad Autonoma Gabriel Rene Moreno, vol. 2(3), pages 51-104.

    More about this item

    Keywords

    bioeconomics; spatial dynamics; metapopulation; connectivity; optimal control;
    All these keywords.

    JEL classification:

    • Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General

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