|
|
|
|
|
Warziniack, Travis; Finnoff, David C.; Bossenbroek, Jonathan; Shogren, Jason F.; Lodge, David. |
Herein we model the widespread dispersal and management of an invasive species as a weak-link public good. The risk of introduction is driven in part by economic activity, is influenced by policies directed at the risk, and economic activity responds/adapts to the risk. Framed around recent introductions and rapid spread of dreissenid mussels in the Western United States, we find three key results. First, partial equilibrium estimates of welfare loss are significantly overestimated relative to general equilibrium estimates. If ecosystem services and market goods are substitutes the partial equilibrium bias is greater than if they are compliments. Second, well-intended policies do not necessarily reduce overall risk; risk reduction actions can transfer risk... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Bioeconomic; Invasive species; Risk; Weak-link; Welfare; Environmental Economics and Policy; Risk and Uncertainty; Q2; Q26; Q57. |
Ano: 2010 |
URL: http://purl.umn.edu/60957 |
| |
|
| |
|
|
Warziniack, Travis. |
This article examines the provision of public goods in an urban area and the effect voting has on the level and location of amenities throughout a city. It is particularly appropriate for small communities that must finance economic development projects with limited funds. The work presented is a result of working with rural communities throughout America that have seen their historic downtowns deteriorate as big box retail grows on the urban fringe. I find this shift in community development may be a result of the way local economic development is financed and projects are decided upon. Specifically, I find significant welfare losses associated with voting for a public good in space. Small public projects that would lead to community-wide welfare... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Open space; Spatial economics; Referendum; Voting; Community/Rural/Urban Development; Land Economics/Use; Political Economy; R10; R14. |
Ano: 2010 |
URL: http://purl.umn.edu/60956 |
| |
|
|
|