RESOURCE DEGRADATION ON AGRICULTURAL LAND: INFORMATION PROBLEMS, MARKET FAILURES AND GOVERNMENT INTERVENTION

Ian R. Wills

Australian Journal of Agricultural Economics, 1987, vol. 31, issue 01, 11

Abstract: Information problems impede private contracting for the supply of many natural resource services. They are also likely to prevent the government identifying and achieving optimum levels of natural resource degradation on agricultural land. In particular, the distributional impacts of government intervention create incentives for strategic distortions of information by interested parties. Resource conservation measures which impose costs on beneficiaries, and which provide positive incentives for farmers to monitor resource degradation, may be superior because they reduce information problems.

Keywords: Land Economics/Use; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Date: 1987
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://ageconsearch.umn.edu/record/22579/files/31010045.pdf (application/pdf)

Related works:
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:ags:ajaeau:22579

DOI: 10.22004/ag.econ.22579

Access Statistics for this article

More articles in Australian Journal of Agricultural Economics from Australian Agricultural and Resource Economics Society Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().