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In this article, we empirically assess the efficiency of Natura 2000 contracts in forest, a payment for environmental service (PES) scheme, aiming at biodiversity conservation. To do so, we perform a bio-econometric analysis of public and private contracts in France. We estimate a cost function...
Persistent link: https://www.econbiz.de/10010889934
Procurement auctions are one of several policy tools available to incentivise the provision of ecosystem services and biodiversity conservation. Successful biodiversity conservation often requires a landscape-scale approach and the spatial coordination of participation, for example in the...
Persistent link: https://www.econbiz.de/10010929204
The implementation of nature conservation policy in the EU is often based on contracts between public authorities and landowners. We model these contracts in the presence of adverse selection and moral hazard when the outcome is uncertain. The results show that agents, who have high probability...
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Using a stochastic dynamic programming model we analyze how French private forest owners make inter-temporal trade-offs between non-timber amenities and timber income. We explicitly take into account the price expectations and forest growth. In addition, unlike previous empirical studies...
Persistent link: https://www.econbiz.de/10010858781
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Windstorms generate windfalls that may lead to price decreases. Studies have often focused on stochastic growth and price, but considered that the link between these two risks was generally nil. In our model, we assume that storms generate windfalls and that these windfalls have an impact on...
Persistent link: https://www.econbiz.de/10010902151
In this paper, we use a cost-benefit approach in order to compare existing treatments to prevent the invasion of three pathogens (Hylobius abietis, Dothistroma septospora and Dothistroma pini, Heterobasibion annosum) in Landes forest, in the South-West of France. Our results show that for...
Persistent link: https://www.econbiz.de/10010902154