Sustainable Land-Use Pathway Ranking and Selection
Garth John Holloway ()
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Garth John Holloway: Department of Applied Economics and Marketing, School of Agriculture, Policy and Development, University of Reading, Whitenights, P.O. Box 217, Reading Berkshire RG6 6AH, UK
Sustainability, 2020, vol. 12, issue 19, 1-31
The desire for refining status quo cost–benefit protocols to fully encompass econometric model uncertainty motivates the search for improved technology. Availability of unique Ethiopian highlands milk-market livestock data provides an ideal laboratory for investigation of alternative land-use pathway designs. In these contexts, we present novel methodology for ranking and selecting sustainable ‘land-use pathways,’ arguing that the methodology is central to sustainable-land-use-policy prescriptions, providing essential innovation to assessments hitherto devoid of probabilistic foundation. Demonstrating routine implementation of Markov-Chain, Monte-Carlo procedure, ranking-and-selection enactment is widely disseminable and potentially valuable to land-use policy prescription. Application to a sample of Ethiopian-highlands, land-dependent households highlights empirical gains compared to conventional methodology. Applications and extensions that profit future land-use sustainability within the Ethiopian highlands and, also, more generally, are discussed.
Keywords: sustainable-land-use pathway ranking-and-selection; Markov-chain Monte-Carlo methodology; Ethiopian-highlands-land-dependent case study (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:12:y:2020:i:19:p:7881-:d:418135
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