We empirically investigate the effects of the Northwest Forest Plan on two widely-used economic indicators: employment growth and net migration. We find weak evidence that that setting aside 10 million acres of productive forest land for biodiversity protection had a large, but short-lived...

The necessity to develop a priority system to guide the allocation of resources to the conservation of endangered species is widely recognized. The economic theory of biodiversity has established a framework to do so, and has identified priority criteria that should be considered when making...