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MARKETED OUTPUTS AND NON-MARKETED ECOSYSTEMS SERVICES AgEcon
Sauer, Johannes; Wossink, Ada.
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 the micro level. To frame the economic nature of the problem, we employ a generalized joint production model in combination with cost minimization. The generalized joint production framework allows for the consideration of complementary, substitutive and competitive relationships between agricultural production and non-marketed ecosystem services generation and avoids double counting. From this theoretical model we distinguish three theoretical cases depending on...
Tipo: Conference Paper or Presentation Palavras-chave: Ecosystem services; Green payments; Bio-economic modelling; Economies of scale and scope; Program evaluation.; Environmental Economics and Policy; Q18; Q57; Q58..
Ano: 2010 URL: http://purl.umn.edu/91807
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Marketed Outputs and Non-Marketed Outputs: The Marginal Costs of Producing Ecosystem Services AgEcon
Wossink, Ada; Sauer, Johannes.
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 the micro level. To frame the economic nature of the problem, we employ a generalized joint production model in combination with cost minimization. The generalized joint production framework allows for the consideration of complementary, supplementary and competitive relationships between agricultural production and non-marketed ecosystem services generation and avoids double counting. From this theoretical model we distinguish three theoretical cases depending on...
Tipo: Conference Paper or Presentation Palavras-chave: Ecosystem services; Green payments; Bio-economic modelling; Economies of scale and scope; Program evaluation.; Environmental Economics and Policy; Land Economics/Use; Q18; Q57; Q58..
Ano: 2010 URL: http://purl.umn.edu/60804
Registros recuperados: 2
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