The Supply of Nondegraded Agricultural Land
Profitability increases because of favourable product or factor price changes provide incentives for profit-maximising farmers, who use soils in conjunction with other cooperant inputs, to increase their investment in the preservation of soil-quality, whenever there exist economically viable technologies for preserving soils. However, when such technologies do not exist, regardless of whether farmers utilise soils as non-renewable or renewable resources, such profitability increases are associated with a long-run deterioration in soil quality.
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References listed on IDEAS
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- David J. Walker & Douglas L. You, 1986. "The Effect of Technical Progress on Erosion Damage and Economic Incentives for Soil Conservation," Land Economics, University of Wisconsin Press, vol. 62(1), pages 83-93.
- Clarke, Harry R. & Shrestha, Ram M., 1986. "Long run equilibrium properties of renewable resource management models," Resources and Energy, Elsevier, vol. 8(3), pages 279-308, September.
- Wesley D. Seitz & C. Robert Taylor & Robert G. F. Spitze & Craig Osteen & Mack C. Nelson, 1979. "Economic Impacts of Soil Erosion Contro," Land Economics, University of Wisconsin Press, vol. 55(1), pages 28-42.
- Barrett, Scott, 1991. "Optimal soil conservation and the reform of agricultural pricing policies," Journal of Development Economics, Elsevier, vol. 36(2), pages 167-187, October.
- Harry R Clarke, 1991.
"Land Degradation and Prices,"
1991.14, School of Economics, La Trobe University.
- Harry R Clarke, 1991. "Land Degradation and Prices," Working Papers 1991.14 EDIRC Provider-In, School of Economics, La Trobe University.
- Kirby, Michael G. & Blyth, Michael J., 1987. "Economic Aspects Of Land Degradation In Australia," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 31(02), August. Full references (including those not matched with items on IDEAS)
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