 A hybrid Coasean and Pigouvian approach to Payment for Ecosystem Services Program in West Lombok: Does it contribute to poverty alleviation?Diswandi Diswandi Ecosystem Services, 2017, vol. 23, issue C, 138-145 Abstract: The Payment for Ecosystem Services (PES) concept is mainly based on Coasean economics theory that emphasizes the creation of a voluntary or market-based transaction for ecosystem services. Alternatively, many PES practiced in developing countries are based on Pigouvian economic theory allowing government intervention such as through regulation, tax or subsidy. A hybrid PES approach that compound Coasean and Pigouvian theory was developed in West Lombok Indonesia leading to a new policy paradigm that combines elements of both a voluntary market-based and mandatory policy-based system. This study aims to assess how the hybrid PES program contributes to poverty alleviation. By employing a participatory econometrics approach, this study found that the hybrid PES system does not contribute to poverty alleviation in short-term. It is possible that this PES program contributes to poverty alleviation in long-term. Keywords: PES; Ecosystem services; Community forestry; Poverty alleviation; Participatory econometrics approach (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:ecoser:v:23:y:2017:i:c:p:138-145 DOI: 10.1016/j.ecoser.2016.12.005 Access Statistics for this article Ecosystem Services is currently edited by Leon C Braat More articles in Ecosystem Services from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.