Tradable Set-Aside Requirements (TSARs): Conserving Spatially Dependent Environmental Amenities

Gregory M Parkhurst, Jason Shogren and Thomas Crocker

MPRA Paper from University Library of Munich, Germany

Abstract: In the lab, we examine the effectiveness of two land use conservation policies: a tradable set aside requirements (TSARs), and the TSARs combined with an agglomeration bonus. Evaluated by bioeconomic efficiency, our experimental results suggest: 1) TSARs is a cost-effective land conservation tool; and 2) combining TSARS with the agglomeration bonus increases habitat connectivity but at a price—lower economic efficiency.

Keywords: Conservation; tradable development rights; spatial conservation; market instruments (search for similar items in EconPapers)
JEL-codes: D02 Q27 (search for similar items in EconPapers)
Date: 2011
New Economics Papers: this item is included in nep-agr, nep-env and nep-exp
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Tradable Set-Aside Requirements (TSARs): Conserving Spatially Dependent Environmental Amenities (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:34555

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