Ecological compensation: how much and where?
Pascal Gastineau (),
Pascal Mossay () and
Emmanuelle Taugourdeau
Additional contact information
Pascal Gastineau: IFSTTAR, AME, EASE, Bouguenais, France.
Pascal Mossay: School of Economics and Trade, Kyungpook National University, Korea. CORE, Université catholique de Louvain, Belgium.
No 2019-25, Working Papers from Center for Research in Economics and Statistics
Abstract:
We propose a spatial framework to study ecological compensation. The policy-maker implements a No Net Loss policy that meets the No Worse-Off principle as well as a location constraint on the offset. This determines both the location and the level of compensation that minimize the total cost of restoration. We describe the additional ecological cost induced by the No Worse-Off principle and how the spatial distribution of individuals, the environment and land costs affect the compensation location. The location constraint is shown to introduce a trade-off between the compensation cost and inequality.
Keywords: Ecological compensation; no net loss policy; welfare; inequality (search for similar items in EconPapers)
JEL-codes: I3 Q5 R1 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2019-12-18
New Economics Papers: this item is included in nep-env
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http://crest.science/RePEc/wpstorage/2019-25.pdf CREST working paper version (application/pdf)
Related works:
Journal Article: Ecological compensation: How much and where? (2021) 
Working Paper: Ecological compensation: how much and where? (2019) 
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