Journal ArticleDOI
Cost-effective design of agri-environmental payment programs: U.S. experience in theory and practice
TLDR
In this paper, the authors reviewed and analyzed U.S. agri-environmental programs using literature review and program data, focusing on several key questions: has benefit-cost targeting increased the environmental benefit obtained from program budgets? Has competitive bidding reduced program costs? To what extent have these program designs resulted in additional gain (that would not have otherwise been obtained)?About:
This article is published in Ecological Economics.The article was published on 2008-05-01. It has received 374 citations till now. The article focuses on the topics: Environmental Quality Incentives Program & Bidding.read more
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Designing payments for environmental services in theory and practice: An overview of the issues
TL;DR: Payments for environmental services (PES) have attracted increasing interest as a mechanism to translate external, non-market values of the environment into real financial incentives for local actors to provide environmental services as mentioned in this paper.
Journal ArticleDOI
The history of ecosystem services in economic theory and practice: From early notions to markets and payment schemes
TL;DR: This paper reviewed the historic development of the conceptualization of ecosystem services and examined critical landmarks in economic theory and practice with regard to the incorporation of ecosystem service into markets and payment schemes, concluding that the trend towards monetization and commodification of ecosystems is partly the result of a slow move from the original economic conception of nature's benefits as use values in Classical economics to their conceptualization in terms of exchange values in Neoclassical economics.
Journal ArticleDOI
Taking stock: A comparative analysis of payments for environmental services programs in developed and developing countries
TL;DR: In this article, the authors synthesize the information presented, according to case characteristics with respect to design, costs, environmental effectiveness, and other outcomes, and conclude that user-financed PES programs were better targeted, more closely tailored to local conditions and needs, had better monitoring and a greater willingness to enforce conditionality, and had far fewer confounding side objectives than government-funded programs.
Journal ArticleDOI
An institutional analysis of payments for environmental services
TL;DR: In this article, the characteristics and functioning of PES are analyzed from an institutional perspective, and the distinction between payments as incentives and as fair compensations is emphasized, while it is shown that while payments may strengthen community relations and simplify action for environmental care, they may also introduce a purely instrumental logic and in some cases worsen the environmental status by crowding out environmental virtues.
Journal ArticleDOI
Spatial targeting of payments for environmental services: A tool for boosting conservation benefits
TL;DR: In this paper, an applied site selection tool, which takes into account three variables that vary in space: environmental services provided, risks of losing those services, and participation costs, is presented.
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The Theory of Environmental Policy
TL;DR: In this article, Baumol and Oates provide a rigorous and comprehensive analysis of the economic theory of environmental policy and present a formal, theoretical treatment of those factors influencing the quality of life.
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Regional interpretation of water‐quality monitoring data
TL;DR: In this article, the authors describe a method for using spatially referenced regressions of contaminant transport on watershed attributes (SPARROW) in regional water quality assessment. But the method is designed to reduce the problems of data interpretation caused by sparse sampling, network bias, and basin heterogeneity.
Journal ArticleDOI
Land Tenure and the Adoption of Conservation Practices
TL;DR: In this paper, the influence of land tenure on the adoption of conservation practices was analyzed by distinguishing renters according to lease type and by distinguishing practices according to the timing of costs and returns.
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On the Marginal Welfare Cost of Taxation
TL;DR: The authors developed a rigorous partial equilibrium analysis of the determinants of margin al welfare cost (MWC) of taxes on labor earnings and showed that four key parameters interact to determine the magnitude of MWC, ranging from under 10 percent to more than 300 percent of marginal tax revenue.
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Auctioning Conservation Contracts: A Theoretical Analysis and an Application
TL;DR: In this article, a model of optimal bidding for conservation contracts is developed and applied to a hypothetical conservation program, and the model is used to analyze the potential benefits of auctions in allocating contracts for the provision of nonmarket goods in the countryside.