We provide a new approach for assessing the cost of marginal ecosystem changes and the effectiveness of green payment schemes. The approach is based on a theoretical and empirical analysis of the bio-economic production interactions between marketed outputs and non-marketed ecosystem services at...

This paper investigates participation by farmers in the UK Environmental Stewardship Schemes and how decisions to join the scheme are related to land productivity levels on the one hand and ecological conservation on the other. In particular the paper will explore the extent to which the self...