Efficient Policies for Environmental Protection: An Econometric Analysis of Incentives for Land Conversion and Retention
This study investigates the costs of subsidies for land retention and conversion, in addition to a policy that combines the incentives. A Markov model of forest and agricultural land use is estimated for the U.S. South Central region and used to simulate retention and conversion policies. Results su...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Western Agricultural Economics Association
2002-07-01
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| Series: | Journal of Agricultural and Resource Economics |
| Subjects: | |
| Online Access: | https://ageconsearch.umn.edu/record/31086 |
| _version_ | 1818032795913551872 |
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| author | Andrew J. Plantinga Soeun Ahn |
| author_facet | Andrew J. Plantinga Soeun Ahn |
| author_sort | Andrew J. Plantinga |
| collection | DOAJ |
| description | This study investigates the costs of subsidies for land retention and conversion, in addition to a policy that combines the incentives. A Markov model of forest and agricultural land use is estimated for the U.S. South Central region and used to simulate retention and conversion policies. Results suggest a conversion policy is less costly for increasing forest area, and a retention policy is less costly for increasing agricultural land area. The costs of separate subsidies can be up to 300% higher than the costs of combined incentives. However, when administrative costs are taken into account, conversion policies are likely to be less costly. |
| first_indexed | 2024-12-10T06:13:03Z |
| format | Article |
| id | doaj.art-f887a86910e643108840d06cdc90db9a |
| institution | Directory Open Access Journal |
| issn | 1068-5502 2327-8285 |
| language | English |
| last_indexed | 2024-12-10T06:13:03Z |
| publishDate | 2002-07-01 |
| publisher | Western Agricultural Economics Association |
| record_format | Article |
| series | Journal of Agricultural and Resource Economics |
| spelling | doaj.art-f887a86910e643108840d06cdc90db9a2022-12-22T01:59:30ZengWestern Agricultural Economics AssociationJournal of Agricultural and Resource Economics1068-55022327-82852002-07-0127112814510.22004/ag.econ.3108631086Efficient Policies for Environmental Protection: An Econometric Analysis of Incentives for Land Conversion and RetentionAndrew J. PlantingaSoeun AhnThis study investigates the costs of subsidies for land retention and conversion, in addition to a policy that combines the incentives. A Markov model of forest and agricultural land use is estimated for the U.S. South Central region and used to simulate retention and conversion policies. Results suggest a conversion policy is less costly for increasing forest area, and a retention policy is less costly for increasing agricultural land area. The costs of separate subsidies can be up to 300% higher than the costs of combined incentives. However, when administrative costs are taken into account, conversion policies are likely to be less costly.https://ageconsearch.umn.edu/record/31086carbon sequestrationconservationland useland-use policymarkov processes |
| spellingShingle | Andrew J. Plantinga Soeun Ahn Efficient Policies for Environmental Protection: An Econometric Analysis of Incentives for Land Conversion and Retention Journal of Agricultural and Resource Economics carbon sequestration conservation land use land-use policy markov processes |
| title | Efficient Policies for Environmental Protection: An Econometric Analysis of Incentives for Land Conversion and Retention |
| title_full | Efficient Policies for Environmental Protection: An Econometric Analysis of Incentives for Land Conversion and Retention |
| title_fullStr | Efficient Policies for Environmental Protection: An Econometric Analysis of Incentives for Land Conversion and Retention |
| title_full_unstemmed | Efficient Policies for Environmental Protection: An Econometric Analysis of Incentives for Land Conversion and Retention |
| title_short | Efficient Policies for Environmental Protection: An Econometric Analysis of Incentives for Land Conversion and Retention |
| title_sort | efficient policies for environmental protection an econometric analysis of incentives for land conversion and retention |
| topic | carbon sequestration conservation land use land-use policy markov processes |
| url | https://ageconsearch.umn.edu/record/31086 |
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