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Preemptive Habitat Destruction And The Endangered Species Act: The Case Of The Red-Cockaded Woodpecker

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  • Michael, Jeffrey A.

Abstract

An economic model illustrating a southern forest landowner's incentive to increase timber harvest in response to the risk of red-cockaded woodpecker colonization and subsequent regulation under the Endangered Species Act is developed. The empirical results show that industrial landownders respond to these incentives, whereas non-industrial private forest landowners do not.

Suggested Citation

  • Michael, Jeffrey A., 1998. "Preemptive Habitat Destruction And The Endangered Species Act: The Case Of The Red-Cockaded Woodpecker," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20783, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea98:20783
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    File URL: http://purl.umn.edu/20783
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    References listed on IDEAS

    as
    1. Innes, Robert, 1997. "Takings, Compensation, and Equal Treatment for Owners of Developed and Undeveloped Property," Journal of Law and Economics, University of Chicago Press, vol. 40(2), pages 403-432, October.
    2. 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.
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