Publication Details |
| Category | Text Publication |
| Reference Category | Journals |
| DOI | 10.1016/j.ecolecon.2016.06.011 |
| Title (Primary) | Land for biodiversity conservation — To buy or borrow? |
| Author | Schöttker, O.; Johst, K.; Drechsler, M.; Wätzold, F. |
| Source Titel | Ecological Economics |
| Year | 2016 |
| Department | OESA |
| Volume | 129 |
| Page From | 94 |
| Page To | 103 |
| Language | englisch |
| Keywords | Agri-environment scheme; Conservation investment; Cost-effectiveness; Ecological–economic modelling; Make-or-buy decision; Payments for environmental services |
| UFZ wide themes | RU5 |
| Abstract | The conservation of endangered species and habitats frequently requires a certain type of land use which, however, leads to opportunity costs compared to profit-maximising land-use. In such a setting biodiversity conservation organisations have two main options: (1) The ‘buy alternative’ where they buy the area of interest and either carry out the necessary land-use measures themselves or hire firms to do so, or (2) the ‘borrow alternative’ where they ‘borrow’ the land for conservation from private landowners who agree to carry out biodiversity-enhancing land-use measures over a certain period while the conservation organisation compensates them for their opportunity costs. Comparing both alternatives raises the question of budget efficiency, i.e. which alternative will lead to a higher level of biodiversity conservation for a given financial resources? In this paper we present a conceptual ecological–economic model, and then apply the model to analyse how changes in ecological and economic parameters influence the relative efficiency performance of the two alternatives. |
| Schöttker, O., Johst, K., Drechsler, M., Wätzold, F. (2016): Land for biodiversity conservation — To buy or borrow? Ecol. Econ. 129 , 94 - 103 10.1016/j.ecolecon.2016.06.011 |
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