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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
    DOI: 10.22004/ag.econ.20783
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    References listed on IDEAS

    as
    1. Hartman, Richard, 1976. "The Harvesting Decision When a Standing Forest Has Value," Economic Inquiry, Western Economic Association International, vol. 14(1), pages 52-58, March.
    2. David H. Newman & David N. Wear, 1993. "Production Economics of Private Forestry: A Comparison of Industrial and Nonindustrial Forest Owners," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(3), pages 674-684.
    3. 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.
    4. 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.
    Full references (including those not matched with items on IDEAS)

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