Economic Incentives for Habitat Conservation: A Literature Review

Andrés Vargas and Mauro Reyes

Lecturas de Economía, 2011, issue 74, 151-170

Abstract: Increasing evidence on the accelerated deterioration of ecosystems and biodiversity loss has spurred the design and implementation of conservation strategies based on economic incentives. Two arguments justify this approach: i) the inalienability of private property, and ii) economic efficiency. The objective of this paper is to analyze, in terms of economic efficiency and environmental effectiveness, the various types of economic instruments used for promoting habitat conservation. Through an extensive literature review, we find that the main difficulty facing economic incentives is the uncertainty surrounding the effect of instruments on the total area to be conserved and its spatial configuration, which in turn implies uncertainty over the type and quantity of environmental services supplied.

Keywords: Conservation; biodiversity; environmental services; economic incentives (search for similar items in EconPapers)
JEL-codes: Q15 Q56 Q57 (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
https://revistas.udea.edu.co/index.php/lecturasdeeconomia/issue/view/991 (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:lde:journl:y:2011:i:74:p:151-170

Ordering information: This journal article can be ordered from
Lecturas de Economía, Departamento de Economía, Calle 67, 53-108, Medellin 050010, Colombia.

Access Statistics for this article

Lecturas de Economía is currently edited by Carlos Andrés Vasco Correa

More articles in Lecturas de Economía from Universidad de Antioquia, Departamento de Economía Contact information at EDIRC.
Bibliographic data for series maintained by Carlos Andrés Vasco Correa ().