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An empirical examination of the gains in cost-effectiveness from the use of multiple environmental outcome conservation tenders AgEcon
Edwards, Claire; Eigenraam, Mark.
The production and consumption of environmental goods and services are subject to many of the problems associated with public goods. Due to their non-rival and non-excludable nature, incentives for individuals to invest in their production are often absent. To address this market failure, government agencies have used a number of policy mechanisms to procure the supply of environmental outcomes on behalf of society. Recently, conservation tenders focussing on private land have been a favoured policy instrument used by many government agencies to purchase environmental outcomes in the public interest. The majority of these environmental tenders have focussed on a single environmental outcome. It is contended in this paper that multiple environmental...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/100545
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Efficiency of alternative property right allocations when farmers produce multiple environmental goods under the condition of economies of scope AgEcon
Strappazzon, Loris; Ha, Arthur; Eigenraam, Mark; Duke, Charlotte; Stoneham, Gary.
The efficiency implications of different property right allocations when two environmental goods can be produced under the condition of economies of scope are analysed. It is assumed that an environmental agency – acting on behalf of the community – employs an auction‐based mechanism to buy biodiversity services from farmers. However, farmers’ production of biodiversity produces a second good as a by‐product (e.g., mitigation of a river pollutant) that is valued by point‐source emitters who are engaged in a pollution trading market. The efficiency implications of allocating the property right of the good, mitigation, to either the agency or farmers are analysed. If the agency owns the mitigation then the agency can sell mitigation to point‐source emitters,...
Tipo: Journal Article Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2003 URL: http://purl.umn.edu/116171
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Transferring Paddock Histories to Optimise Crop Rotations Using LP: a New, Unrestricted Approach AgEcon
Wimalasuriya, Rukman; Eigenraam, Mark.
Modelling of cropping or crop-pasture rotations to date has been based on a predetermined, restricted set of rotations as “activities” of a Linear Programming matrix. This approach limits the use of such models to evaluate new crop varieties and potential rotations. It also results in the necessity to build entirely new models for each agro-climatic region due to differences in crop and rotation choices that are available. This paper presents an alternative model that solves for the optimal rotation from all theoretically possible rotations. Each crop in the optimal solution is determined given the paddock history of the previous two years. The choice of options to maximise farm profit (or gross margin) depends mainly on the crop yields and prices. The...
Tipo: Presentation Palavras-chave: Crop Production/Industries.
Ano: 2000 URL: http://purl.umn.edu/123740
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Ecological Afforestation in China: A Market-based Approach AgEcon
Xu, Jintao; Zhang, Haipeng; Bennett, Jeffrey W.; Wang, Xuehong; Eigenraam, Mark.
This article focuses on the program of Ecological Afforestation on barren lands, degraded arable lands, harvested sites and sloped farmland in Sichuan, China. Farmers were given the opportunity to propose afforestation activities for which they would be paid an specified amount. These bids and predictions of the expected environmental benefits to be generated were used to assess the net benefit of each proposal. Most features of the bidding scheme were successfully implemented and improvements in the economic efficiency of the afforestation scheme were observed. The market-based approach is demonstrated to be a practical way forward for Ecological Afforestation in China. The bidding scheme showed savings of approximately 110,000 Yuan when compared to past...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/100735
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Empirical methods for determining a reserve price in conservation auctions AgEcon
Eigenraam, Mark; Chua, Joselito J.; Edwards, Claire.
Conservation auctions are increasingly being used to procure public environmental goods on private land. In the absence of demand-side price information, the majority of conservation auctions in Australia have been designed without a reserve price. In these instances bids have been accepted in order of cost-effectiveness until the budget constraint binds. It is widely recognised that in situations where auctions are run repeatedly a reserve price strategy could allow for a more efficient allocation of funds across multiple rounds, both spatially and temporally. This paper provides a brief overview of methods for determining a reserve price for application in conservation auctions. It is concluded that information deficiencies and the high transaction costs...
Tipo: Conference Paper or Presentation Palavras-chave: Land Economics/Use.
Ano: 2011 URL: http://purl.umn.edu/101406
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Designing Frameworks to Deliver Unknown Information to Support MBIs AgEcon
Eigenraam, Mark; Strappazzon, Loris; Lansdell, Nicola; Beverly, Craig; Stoneham, Gary.
This paper reports on a Catchment Modelling Framework (CMF) designed to support an Australian pilot of an auction for multiple environmental outcomes – EcoTender. The CMF is used to estimate multiple environmental outcomes including carbon, terrestrial biodiversity, aquatic function (water quality and quantity) and saline land area. This information was previously unavailable for application to environmental markets. This is the first time a market-based policy has been fully integrated from desk to field with a Catchment Modelling Framework for the purchase of multiple outcomes. This framework solves the unknown information problem of linking paddock scale landuse and management to catchment-scale environmental outcomes. The framework provides the...
Tipo: Conference Paper or Presentation Palavras-chave: Research Methods/ Statistical Methods.
Ano: 2006 URL: http://purl.umn.edu/25673
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A Producer's Propensity to Conserve Framework: Application to a US and Australian Conservation Program AgEcon
Eigenraam, Mark; Doering, Otto C., III; Spinelli, Felix.
Increasing recognition of the environmental impact of agriculture has led to increasing public activity around the world encouraging public conservation programs. Different countries have taken different program approaches to accomplish this. The comparison and contrast here is between Australia and the United States, examining the CREP program in the U.S. and the Eco Tender program in Australia. A different historical experience in the U.S. sets certain parameters that are expected in their conservation programs. To some extent, the Australian program could take more of a clean slate approach. The Australian program is able to take a broader landscape approach, specifically considering multiple benefits with knowledge about off-site benefits as well. This...
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/25728
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EVALUATION OF RESEARCH ACTIVITIES AgEcon
Stoneham, Gary; Strappazzon, Loris; Soligo, James; Fisher, Bill; Eigenraam, Mark; Wimalasuriya, Rukman.
In this paper we explain the economic evaluation system developed by economists―in conjunction with senior managers―for the Department of Natural Resources and Environment’s Agriculture Division. This evaluation system has two components: qualitative and quantitative. The former focuses Departmental activity on areas where there is market failure. The latter measures the gross benefits from Departmental activity by using linear programming models. We also document the implementation of the system to a recent Victorian Government intiative―Growing Horizons. We explain the process, impact to date, and lessons learned by undertaking this exercise.
Tipo: Presentation Palavras-chave: Research and Development/Tech Change/Emerging Technologies.
Ano: 2000 URL: http://purl.umn.edu/123645
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