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New tools for THE EU agricultural sector and rural areas. What role for public policy in promoting Payments for Ecosystem Services?

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  • Marangon, Francesco
  • Troiano, Stefania

Abstract

In this paper we examine whether it is possible to create a market for ecosystem services deriving from rural landscape and environmental conservation. First of all to do this we consider the results of some studies we have conducted in recent years about monetary and non-monetary environmental evaluation. These studies help us first to identify some rural landscape features which improve or worsen landscape appearance and secondly, to discover the willingness of beneficiaries to pay for maintaining these landscape and environmental resources. Then, in order to understand whether social benefits can be increased by using market and economic measures for conservation of landscape and environmental resources, we study Payments for Ecosystem Services (PES). PES are economic instruments used to support the conservation and improvement of ecosystem services. We describe PES for landscape (PaLBeS) and discuss the suitability of introducing it in favour of some ecosystem services in Italy.

Suggested Citation

  • Marangon, Francesco & Troiano, Stefania, . "New tools for THE EU agricultural sector and rural areas. What role for public policy in promoting Payments for Ecosystem Services?," Politica Agricola Internazionale - International Agricultural Policy, Edizioni L'Informatore Agrario, vol. 2013(2).
    • Handle: RePEc:ags:eiapai:169770
    DOI: 10.22004/ag.econ.169770
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    References listed on IDEAS

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    1. 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.
    2. Muradian, Roldan & Corbera, Esteve & Pascual, Unai & Kosoy, Nicolás & May, Peter H., 2010. "Reconciling theory and practice: An alternative conceptual framework for understanding payments for environmental services," Ecological Economics, Elsevier, vol. 69(6), pages 1202-1208, April.
    3. Khalil Allali, 2009. "Agricultural Landscape Externalities, Agro-Tourism, and Rural Poverty Reduction in Morocco," Natural Resource Management and Policy, in: Leslie Lipper & Takumi Sakuyama & Randy Stringer & David Zilberman (ed.), Payment for Environmental Services in Agricultural Landscapes, chapter 9, pages 189-220, Springer.
    4. Tacconi, Luca, 2012. "Redefining payments for environmental services," Ecological Economics, Elsevier, vol. 73(C), pages 29-36.
    5. Goldman, Rebecca L. & Thompson, Barton H. & Daily, Gretchen C., 2007. "Institutional incentives for managing the landscape: Inducing cooperation for the production of ecosystem services," Ecological Economics, Elsevier, vol. 64(2), pages 333-343, December.
    6. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
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    9. Wunder, Sven & Engel, Stefanie & Pagiola, Stefano, 2008. "Taking stock: A comparative analysis of payments for environmental services programs in developed and developing countries," Ecological Economics, Elsevier, vol. 65(4), pages 834-852, May.
    10. Stefania Troiano & Francesco Marangon, 2010. "I Payments for Ecosystem Services: opportunit? di sviluppo nella tutela delle risorse paesaggistico-ambientali," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 0(3), pages 87-113.
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    1. Coderoni, Silvia & Longhitano, Davide & Vinci, Adele, 2014. "Payment for Ecosystem Service for Carbon Credits from Italian Olive Groves. Some Issues Regarding the Mode of Payment," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 2(4), pages 1-18, October.

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