Showing 1 - 3 of 3 Items
The efficiency of voluntary incentive policies for preventing biodiversity loss
Date: 2011-01-01
Creator: David J. Lewis, Andrew J. Plantinga, Erik Nelson, Stephen Polasky
Access: Open access
- Habitat loss is a primary cause of loss of biodiversity but conserving habitat for species presents challenges. Land parcels differ in their ability to produce returns for landowners and landowners may have private information about the value of the land to them. Land parcels also differ in the type and quality of habitat and the spatial pattern of land use across multiple landowners is important for determining the conservation value of parcels. This paper analyzes the relative efficiency of simple voluntary incentive-based policies in achieving biodiversity conservation objectives. This topic is important not just for biodiversity conservation but for any effort to provide a public good requiring coordination across multiple decision-makers who have some degree of private information. We develop a method that integrates spatially explicit data, an econometric model of private land-use decisions, landscape simulations, a biological model of biodiversity as a function of landscape pattern, and an algorithm that estimates the set of efficient solutions. These methods allow us to simulate landowner responses to policies, measure the consequences of these decisions for biodiversity conservation, and compare these outcomes to efficient outcomes to show the relative efficiency of various policy approaches. We find substantial differences in biodiversity conservation scores generated by simple voluntary incentive-based policies and efficient solutions. The performance of incentive-based policies is particularly poor at low levels of the conservation budget where spatial fragmentation of conserved parcels is a large concern. Performance can be improved by encouraging agglomeration of conserved habitat and by incorporating basic biological information, such as that on rare habitats, into the selection criteria. © 2010 Elsevier B.V.
Economic Analysis of the Critical Habitat Designation Process for Endangered and Threatened Species Under the Endangered Species Act of 1973
Date: 2022-01-01
Creator: Katherine Fosburgh
Access: Open access
- Habitat destruction is the leading cause of biodiversity loss in the US. Under the Endangered Species Act (ESA), habitat deemed essential to endangered and threatened species recovery is proposed as critical habitat (CH). CH areas are subject to regulations that could alter land development plans or increase costs. The potential economic opportunity cost created by CH regulations may lead to the exclusion of land proposed for CH designation, thereby reducing the conservation benefits of the CH rule. In this paper, I use a unique dataset collected from Federal Register (FR) documents to estimate the reduction in CH acreage from proposed to final ruling, both on the extensive and intensive margin. I find a negative relationship between the level of household income in an area proposed for CH and the probability that a CH gains acreage or maintains acreage during the establishment process. I also find some evidence that higher household income in a CH area is associated with a greater relative loss in acreage between proposal and finalization. I also find that private land proposed for CH designation is less likely to be in the final designation than federal land. Overall, my results suggest that economic considerations influence CH allocation decisions. Whether reducing the amount of private land subject to CH designations is socially efficient depends on the unknown economic benefit of private land exclusions versus the cost of biodiversity and ecosystem service loss that may result from not protecting all land deemed vital to species recovery.
Managing small natural features: A synthesis of economic issues and emergent opportunities
Date: 2017-07-01
Creator: Dana Marie Bauer, Kathleen P. Bell, Erik J. Nelson, Aram J.K. Calhoun
Access: Open access
- Small natural features (SNFs), landscape elements that influence species persistence and ecological functioning on a much larger scale than one would expect from their size, can also offer a greater rate of return on conservation investment compared to that of larger natural features or more broad-based conservation. However, their size and perceived lack of significance also makes them more vulnerable to threats and destruction. We examine the management of SNFs and conservation of the associated ecosystem services they generate from an economics perspective. Using the economic concept of market failure, we identify three key themes that explain prevailing threats to SNFs and characterize impediments to and opportunities for SNF management: (1) the degree to which benefits derived from the feature spillover, beyond the feature itself (spatially and temporally); (2) the availability and quality of information about the feature and those who most directly influence its management; and (3) the existence and enforcement of property rights and legal standing of the feature. We argue that the efficacy of alternative SNF management approaches is highly case dependent and relies on four key components: (1) the specific ecosystem services of interest; (2) the amount of redundancy of the SNF on the landscape and the level of connectivity required by the SNF in order to provide ecosystem services; (3) the particular market failures that need correcting and their scope and extent; and (4) the magnitude and distribution of management costs.