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Stress, Shock and the Sustainability of Resource Use in Semi-arid Environments


  • Perrings, Charles


This paper considers the overgrazing problem in low income countries, paying special attention to the joint influence of the economic and natural "environments" within which livestock farmers operate. The context is the argument that liberalisation of agricultural product markets will encourage the sustainable use of environmental resources. The paper explores the link between economic conditions and ecologically sustainable use of resources in semi-arid lands, using an infinite-horizon stochastic control range management model. The approach makes it possible to establish, for any given initial conditions, whether there exists an optimal policy that is ecologically sustainable under those conditions, and what economic environment and initial endowments would be sustainable.

Suggested Citation

  • Perrings, Charles, 1994. "Stress, Shock and the Sustainability of Resource Use in Semi-arid Environments," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 28(1), pages 31-53, March.
  • Handle: RePEc:spr:anresc:v:28:y:1994:i:1:p:31-53

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    References listed on IDEAS

    1. Jan Fagerberg & Bart Verspagen & Marjolein Caniëls, 1997. "Technology, Growth and Unemployment across European Regions," Regional Studies, Taylor & Francis Journals, vol. 31(5), pages 457-466.
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    5. Barro, Robert J, 1999. "Notes on Growth Accounting," Journal of Economic Growth, Springer, vol. 4(2), pages 119-137, June.
    6. Adam B. Jaffe & Manuel Trajtenberg & Rebecca Henderson, 1993. "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations," The Quarterly Journal of Economics, Oxford University Press, vol. 108(3), pages 577-598.
    7. Glaeser, Edward L & Hedi D. Kallal & Jose A. Scheinkman & Andrei Shleifer, 1992. "Growth in Cities," Journal of Political Economy, University of Chicago Press, vol. 100(6), pages 1126-1152, December.
      • Edward L. Glaeser & Hedi D. Kallal & Jose A. Scheinkman & Andrei Shleifer, 1991. "Growth in Cities," NBER Working Papers 3787, National Bureau of Economic Research, Inc.
      • Glaeser, Edward Ludwig & Kallal, Hedi D. & Scheinkman, Jose A. & Shleifer, Andrei, 1992. "Growth in Cities," Scholarly Articles 3451309, Harvard University Department of Economics.
    8. M. Denny & M. Fuss & J. D. May, 1981. "Intertemporal Changes in Regional Productivity in Canadian Manufacturing," Canadian Journal of Economics, Canadian Economics Association, vol. 14(3), pages 390-408, August.
    9. Bottazzi, Laura & Peri, Giovanni, 2003. "Innovation and spillovers in regions: Evidence from European patent data," European Economic Review, Elsevier, vol. 47(4), pages 687-710, August.
    10. Hall, Bronwyn H. & Mairesse, Jacques, 1995. "Exploring the relationship between R&D and productivity in French manufacturing firms," Journal of Econometrics, Elsevier, vol. 65(1), pages 263-293, January.
    11. Frank R. Lichtenberg, 1992. "R&D Investment and International Productivity Differences," NBER Working Papers 4161, National Bureau of Economic Research, Inc.
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