EconPapers    
Economics at your fingertips  
 

An economic model of metapopulation dynamics

Stefano Bosi and David Desmarchelier

Ecological Modelling, 2018, vol. 387, issue C, 196-204

Abstract: In this paper, we aim to model the impact of human activities on the wildlife habitat in a general equilibrium framework by embedding the Levins model (1969) of metapopulation dynamics into a Ramsey model (1928) with a pollution externality. In the long run, as in Levins (1969), two steady states coexist: a zero one with mass extinction and another one with positive wildlife when the migration rate of the metapopulation exceeds the rate of extinction. A green tax always increases the wildlife and lowers the consumption demand. It is welfare-improving if and only if agents overweight the wildlife. In the short run, we show that a sufficiently negative effect of wildlife habitat on consumption demand can lead to the emergence of a limit cycle near the positive steady state through a Hopf bifurcation. We show also that the negative pollution effect on wildlife habitat works as a destabilizing force in the economy by promoting limit cycles.

Keywords: Metapopulation dynamics; Pollution; Ramsey model; Hopf bifurcation (search for similar items in EconPapers)
JEL-codes: C61 E32 O44 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0304380018303090
Full text for ScienceDirect subscribers only

Related works:
Working Paper: An economic model of metapopulation dynamics (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecomod:v:387:y:2018:i:c:p:196-204

DOI: 10.1016/j.ecolmodel.2018.09.013

Access Statistics for this article

Ecological Modelling is currently edited by Brian D. Fath

More articles in Ecological Modelling from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:ecomod:v:387:y:2018:i:c:p:196-204