Conservation Contracting in Heterogeneous Landscapes: An Application to Watershed Protection with Threshold Constraints
Paul Ferraro
Agricultural and Resource Economics Review, 2003, vol. 32, issue 1, 53-64
Abstract:
A key issue in the design of land use policy is how to integrate information about spatially variable biophysical and economic conditions into a cost-effective conservation plan. Using common biophysical scoring methods, in combination with economic data and simple optimization methods, an illustration is provided for how to identify a set of priority land parcels for conservation investment. This study also demonstrates a way in which conservation agencies can incorporate concerns about biophysical thresholds in the identification of their priority land parcels. These methods are applied using Geographic Information System data from a New York conservation easement acquisition initiative for water quality protection.
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:cup:agrerw:v:32:y:2003:i:01:p:53-64_00
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