IDEAS home Printed from https://ideas.repec.org/a/oup/renvpo/v12y2018i1p69-91..html
   My bibliography  Save this article

The Economics of the U.S. Endangered Species Act: A Review of Recent Developments

Author

Listed:
  • Christian Langpap
  • Joe Kerkvliet
  • Jason F Shogren

Abstract

Economics has much to contribute to debates about the U.S. Endangered Species Act. We review recent developments in the economics of endangered species conservation since the late 1990s and identify areas in which there are opportunities for further research.

Suggested Citation

  • Christian Langpap & Joe Kerkvliet & Jason F Shogren, 2018. "The Economics of the U.S. Endangered Species Act: A Review of Recent Developments," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 12(1), pages 69-91.
    • Handle: RePEc:oup:renvpo:v:12:y:2018:i:1:p:69-91.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/reep/rex026
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Robert Innes & Stephen Polasky & John Tschirhart, 1998. "Takings, Compensation and Endangered Species Protection on Private Lands," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 35-52, Summer.
    2. Daowei Zhang, 2004. "Endangered Species and Timber Harvesting: The Case of Red-Cockaded Woodpeckers," Economic Inquiry, Western Economic Association International, vol. 42(1), pages 150-165, January.
    3. Ferraro, Paul J. & McIntosh, Craig & Ospina, Monica, 2007. "The effectiveness of the US endangered species act: An econometric analysis using matching methods," Journal of Environmental Economics and Management, Elsevier, vol. 54(3), pages 245-261, November.
    4. David J. Lewis & Andrew J. Plantinga, 2007. "Policies for Habitat Fragmentation: Combining Econometrics with GIS-Based Landscape Simulations," Land Economics, University of Wisconsin Press, vol. 83(2), pages 109-127.
    5. Ando, Amy Whritenour, 2001. "Economies of Scope in Endangered-Species Protection: Evidence from Interest-Group Behavior," Journal of Environmental Economics and Management, Elsevier, vol. 41(3), pages 312-332, May.
    6. Nelson, Erik J. & Withey, John C. & Pennington, Derric & Lawler, Joshua J., 2017. "Identifying the impacts of critical habitat designation on land cover change," Resource and Energy Economics, Elsevier, vol. 47(C), pages 89-125.
    7. Christian Langpap, 2004. "Conservation Incentives Programs for Endangered Species: An Analysis of Landowner Participation," Land Economics, University of Wisconsin Press, vol. 80(3), pages 375-388.
    8. Kerkvliet, Joe & Langpap, Christian, 2007. "Learning from endangered and threatened species recovery programs: A case study using U.S. Endangered Species Act recovery scores," Ecological Economics, Elsevier, vol. 63(2-3), pages 499-510, August.
    9. Jeffrey E. Zabel & Robert W. Paterson, 2006. "The Effects of Critical Habitat Designation on Housing Supply: An Analysis of California Housing Construction Activity," Journal of Regional Science, Wiley Blackwell, vol. 46(1), pages 67-95, February.
    10. Lewis, David J. & Plantinga, Andrew J. & Nelson, Erik & Polasky, Stephen, 2011. "The efficiency of voluntary incentive policies for preventing biodiversity loss," Resource and Energy Economics, Elsevier, vol. 33(1), pages 192-211, January.
    11. David J. Lewis & Andrew J. Plantinga & JunJie Wu, 2009. "Targeting Incentives to Reduce Habitat Fragmentation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 91(4), pages 1080-1096.
    12. Polasky, Stephen & Doremus, Holly, 1998. "When the Truth Hurts: Endangered Species Policy on Private Land with Imperfect Information," Journal of Environmental Economics and Management, Elsevier, vol. 35(1), pages 22-47, January.
    13. Nick Hanley & Simanti Banerjee & Gareth D. Lennox & Paul R. Armsworth, 2012. "How should we incentivize private landowners to ‘produce’ more biodiversity?," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 28(1), pages 93-113, Spring.
    14. John A. List & Michael Margolis & Daniel E. Osgood, 2006. "Is the Endangered Species Act Endangering Species?," NBER Working Papers 12777, National Bureau of Economic Research, Inc.
    15. Mark E. Lichtenstein & Claire A. Montgomery, 2003. "Biodiversity and Timber in the Coast Range of Oregon: Inside the Production Possibility Frontier," Land Economics, University of Wisconsin Press, vol. 79(1), pages 56-73.
    16. Lueck, Dean & Michael, Jeffrey A, 2003. "Preemptive Habitat Destruction under the Endangered Species Act," Journal of Law and Economics, University of Chicago Press, vol. 46(1), pages 27-60, April.
    17. Smith, Rodney B. W. & Shogren, Jason F., 2002. "Voluntary Incentive Design for Endangered Species Protection," Journal of Environmental Economics and Management, Elsevier, vol. 43(2), pages 169-187, March.
    18. Parkhurst, Gregory M. & Shogren, Jason F., 2007. "Spatial incentives to coordinate contiguous habitat," Ecological Economics, Elsevier, vol. 64(2), pages 344-355, December.
    19. David N. Laband & Michael Nieswiadomy, 2006. "Factors Affecting Species' Risk Of Extinction: An Empirical Analysis Of Esa And Natureserve Listings," Contemporary Economic Policy, Western Economic Association International, vol. 24(1), pages 160-171, January.
    20. Drechsler, Martin & Wätzold, Frank & Johst, Karin & Shogren, Jason F., 2010. "An agglomeration payment for cost-effective biodiversity conservation in spatially structured landscapes," Resource and Energy Economics, Elsevier, vol. 32(2), pages 261-275, April.
    21. David A. Newburn & Nicholas Brozovic & Mariano Mezzatesta, 2011. "Agricultural Water Security and Instream Flows for Endangered Species," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 93(4), pages 1212-1228.
    22. Deborah Dawson & Jason F. Shogren, 2001. "An Update on Priorities and Expenditures under the Endangered Species Act," Land Economics, University of Wisconsin Press, vol. 77(4), pages 527-532.
    23. Andrew Metrick & Martin L. Weitzman, 1998. "Conflicts and Choices in Biodiversity Preservation," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 21-34, Summer.
    24. R. Rawls & David Laband, 2004. "A Public Choice Analysis of Endangered Species Listings," Public Choice, Springer, vol. 121(3), pages 263-277, December.
    25. Shogren,Jason F. & Tschirhart,John (ed.), 2001. "Protecting Endangered Species in the United States," Cambridge Books, Cambridge University Press, number 9780521662109, October.
    26. Amin, Ariane, 2016. "Exploring the role of economic incentives and spillover effects in biodiversity conservation policies in sub-Saharan Africa," Ecological Economics, Elsevier, vol. 127(C), pages 185-191.
    27. Jacob R. Fooks & Nathaniel Higgins & Kent D. Messer & Joshua M. Duke & Daniel Hellerstein & Lori Lynch, 2016. "Conserving Spatially Explicit Benefits in Ecosystem Service Markets: Experimental Tests of Network Bonuses and Spatial Targeting," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 98(2), pages 468-488.
    28. Parkhurst, Gregory M. & Shogren, Jason F. & Bastian, Chris & Kivi, Paul & Donner, Jennifer & Smith, Rodney B. W., 2002. "Agglomeration bonus: an incentive mechanism to reunite fragmented habitat for biodiversity conservation," Ecological Economics, Elsevier, vol. 41(2), pages 305-328, May.
    29. David Sunding, 2014. "Conserving Endangered Species through Regulation of Urban Development: The Case of California Vernal Pools," Land Economics, University of Wisconsin Press, vol. 90(2), pages 290-305.
    30. Quigley, John M. & Swoboda, Aaron M., 2007. "The urban impacts of the Endangered Species Act: A general equilibrium analysis," Journal of Urban Economics, Elsevier, vol. 61(2), pages 299-318, March.
    31. Robert Innes, 2000. "The Economics of Takings and Compensation When Land and Its Public Use Value Are in Private Hands," Land Economics, University of Wisconsin Press, vol. 76(2), pages 195-212.
    32. Montgomery Claire A. & Brown Jr. , Gardner M. & Adams Darius M., 1994. "The Marginal Cost of Species Preservation: The Northern Spotted Owl," Journal of Environmental Economics and Management, Elsevier, vol. 26(2), pages 111-128, March.
    33. Langpap, Christian & Wu, JunJie, 2004. "Voluntary conservation of endangered species: when does no regulatory assurance mean no conservation?," Journal of Environmental Economics and Management, Elsevier, vol. 47(3), pages 435-457, May.
    34. Bonnie Harllee & Myungsup Kim & Michael Nieswiadomy, 2009. "Political influence on historical ESA listings by state: a count data analysis," Public Choice, Springer, vol. 140(1), pages 21-42, July.
    35. Yong Chen & David J. Lewis & Bruce Weber, 2016. "Conservation Land Amenities And Regional Economies: A Postmatching Difference-In-Differences Analysis Of The Northwest Forest Plan," Journal of Regional Science, Wiley Blackwell, vol. 56(3), pages 373-394, June.
    36. Christian Langpap & Joe Kerkvliet, 2010. "Allocating Conservation Resources Under The Endangered Species Act," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 92(1), pages 110-124.
    37. Wiktor L. (Vic) Adamowicz, 2016. "Economic Analysis and Species at Risk: Lessons Learned and Future Challenges," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 64(1), pages 21-32, March.
    38. Gregory M. Parkhurst & Jason F. Shogren & Thomas Crocker, 2016. "Tradable Set-Aside Requirements (TSARs): Conserving Spatially Dependent Environmental Amenities," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 63(4), pages 719-744, April.
    39. Derissen, Sandra & Quaas, Martin F., 2013. "Combining performance-based and action-based payments to provide environmental goods under uncertainty," Ecological Economics, Elsevier, vol. 85(C), pages 77-84.
    40. Banerjee, Prasenjit & Shogren, Jason F., 2012. "Material interests, moral reputation, and crowding out species protection on private land," Journal of Environmental Economics and Management, Elsevier, vol. 63(1), pages 137-149.
    41. Eichman, Henry & Hunt, Gary L. & Kerkvliet, Joe & Plantinga, Andrew J., 2010. "Local Employment Growth, Migration, and Public Land Policy: Evidence from the Northwest Forest Plan," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 35(2), pages 1-18, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Richard T. Melstrom & David W. Shanafelt & Carson J. Reeling, 2022. "Coordinating investments in habitat management and economic development," Journal of Bioeconomics, Springer, vol. 24(1), pages 67-91, April.
    2. Sims, Charles & Aadland, David & Finnoff, David & Hochard, Jacob, 2020. "What are the benefits of delisting endangered species and who receives them?: Lessons from the gray wolf recovery in Greater Yellowstone," Ecological Economics, Elsevier, vol. 174(C).
    3. Allen Bellas & Lea-Rachel Kosnik, 2024. "When Is the Ark Getting Here? The Impact of the Media on Threatened and Endangered Species’ Time to Listing and Long-Term Sustainability," Sustainability, MDPI, vol. 16(6), pages 1-15, March.
    4. Michael Brei & Agustín Pérez‐Barahona & Eric Strobl, 2020. "Protecting Species through Legislation: The Case of Sea Turtles," American Journal of Agricultural Economics, John Wiley & Sons, vol. 102(1), pages 300-328, January.
    5. Dale Whittington & Richard T. Carson & Thomas Sterner, 2023. "Policy Note: Benefit Cost Analysis of Water Investments in the Anthropocene," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 9(03), pages 1-23, July.
    6. Melstrom, Richard T. & Lee, Kangil & Byl, Jacob P., 2018. "Do Regulations to Protect Endangered Species on Private Lands Affect Local Employment? Evidence from the Listing of the Lesser Prairie Chicken," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 43(3), September.
    7. Bostedt, Göran & Zabel, Astrid & Ekvall, Hans, 2019. "Planning on a wider scale – Swedish forest owners' preferences for landscape policy attributes," Forest Policy and Economics, Elsevier, vol. 104(C), pages 170-181.
    8. Malone, Trey & Melstrom, Richard T., 2020. "Where’s the beef? Cattle producers’ response to endangered species listings," Food Policy, Elsevier, vol. 91(C).
    9. Jacob P. Byl, 2021. "Three Barriers to Effective Programs with Payment for Ecosystem Services: Behavioral Responses in a Computer-Based Experiment," Sustainability, MDPI, vol. 13(22), pages 1-17, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nelson, Erik J. & Withey, John C. & Pennington, Derric & Lawler, Joshua J., 2017. "Identifying the impacts of critical habitat designation on land cover change," Resource and Energy Economics, Elsevier, vol. 47(C), pages 89-125.
    2. Langpap, Christian & Kerkvliet, Joe, 2012. "Endangered species conservation on private land: Assessing the effectiveness of habitat conservation plans," Journal of Environmental Economics and Management, Elsevier, vol. 64(1), pages 1-15.
    3. Malone, Trey & Melstrom, Richard T., 2020. "Where’s the beef? Cattle producers’ response to endangered species listings," Food Policy, Elsevier, vol. 91(C).
    4. Gregory M. Parkhurst & Jason F. Shogren & Thomas Crocker, 2016. "Tradable Set-Aside Requirements (TSARs): Conserving Spatially Dependent Environmental Amenities," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 63(4), pages 719-744, April.
    5. Melstrom, Richard T., 2017. "The petroleum industry's response to an endangered species listing," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258281, Agricultural and Applied Economics Association.
    6. Melstrom, Richard T., 2017. "Where to drill? The petroleum industry's response to an endangered species listing," Energy Economics, Elsevier, vol. 66(C), pages 320-327.
    7. Nguyen, Chi & Latacz-Lohmann, Uwe & Hanley, Nick & Schilizzi, Steven & Iftekhar, Sayed, 2022. "Spatial Coordination Incentives for landscape-scale environmental management: A systematic review," Land Use Policy, Elsevier, vol. 114(C).
    8. Melstrom, Richard T. & Lee, Kangil & Byl, Jacob P., 2018. "Do Regulations to Protect Endangered Species on Private Lands Affect Local Employment? Evidence from the Listing of the Lesser Prairie Chicken," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 43(3), September.
    9. Lawley, Chad & Yang, Wanhong, 2015. "Spatial interactions in habitat conservation: Evidence from prairie pothole easements," Journal of Environmental Economics and Management, Elsevier, vol. 71(C), pages 71-89.
    10. Lewis, David J. & Plantinga, Andrew J. & Nelson, Erik & Polasky, Stephen, 2011. "The efficiency of voluntary incentive policies for preventing biodiversity loss," Resource and Energy Economics, Elsevier, vol. 33(1), pages 192-211, January.
    11. Robert Innes & George Frisvold, 2009. "The Economics of Endangered Species," Annual Review of Resource Economics, Annual Reviews, vol. 1(1), pages 485-512, September.
    12. Carson Reeling & Leah H. Palm-Forster & Richard T. Melstrom, 2019. "Policy Instruments and Incentives for Coordinated Habitat Conservation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 73(3), pages 791-813, July.
    13. Jiang, Yong & Swallow, Stephen K., 2017. "Impact Fees Coupled With Conservation Payments to Sustain Ecosystem Structure: A Conceptual and Numerical Application at the Urban-Rural Fringe," Ecological Economics, Elsevier, vol. 136(C), pages 136-147.
    14. Bamière, Laure & David, Maia & Vermont, Bruno, 2013. "Agri-environmental policies for biodiversity when the spatial pattern of the reserve matters," Ecological Economics, Elsevier, vol. 85(C), pages 97-104.
    15. Richard T. Melstrom, 2021. "The Effect of Land Use Restrictions Protecting Endangered Species on Agricultural Land Values," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(1), pages 162-184, January.
    16. Langpap, Christian, 2006. "Conservation of endangered species: Can incentives work for private landowners?," Ecological Economics, Elsevier, vol. 57(4), pages 558-572, June.
    17. Langpap, Christian & Kerkvliet, Joe, 2002. "Success Or Failure? Ordered Probit Approaches To Measuring The Effectiveness Of The Endangered Species Act," 2002 Annual meeting, July 28-31, Long Beach, CA 19713, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    18. Wätzold, Frank & Drechsler, Martin, 2014. "Agglomeration payment, agglomeration bonus or homogeneous payment?," Resource and Energy Economics, Elsevier, vol. 37(C), pages 85-101.
    19. Bonnie Harllee & Myungsup Kim & Michael Nieswiadomy, 2009. "Political influence on historical ESA listings by state: a count data analysis," Public Choice, Springer, vol. 140(1), pages 21-42, July.
    20. Walls, Margaret & Riddle, Anne, 2012. "Biodiversity, Ecosystem Services, and Land Use: Comparing Three Federal Policies," RFF Working Paper Series dp-12-08, Resources for the Future.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:renvpo:v:12:y:2018:i:1:p:69-91.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/aereeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.