Economic Aspects Of Land Degradation In Australia
In this article an overview of several economic aspects of land degradation in Australia is presented. The economic rationale for government intervention in land management decisions relating to degradation is explored. Some potential sources of inefficient private land use decisions are identified. However, there are significant difficulties in designing policies which will result in resource allocation decisions superior to market outcomes.
Volume (Year): 31 (1987)
Issue (Month): 02 (August)
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- Fisher, Anthony C. & Krutilla, John V., 1974. "Valuing long run ecological consequences and irreversibilities," Journal of Environmental Economics and Management, Elsevier, vol. 1(2), pages 96-108, August.
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