41 research outputs found

    Allocating Conservation Resources under the Endangered Species Act

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    The necessity to develop a priority system to guide the allocation of resources to the conservation of endangered species is widely recognized. The economic theory of biodiversity has established a framework to do so, and has identified priority criteria that should be considered when making conservation decisions. This paper uses a random effects ordered probit model of endangered species recovery to simulate the effects of reallocating conservation funds among species listed under the Endangered Species Act according to these criteria. Our results suggest that if the goal of conservation policy is to preserve a diverse set of species, reallocating conservation funds according to criteria identified by economic theory would yield an improvement over actual spending patterns without significant tradeoffs in terms of overall species recovery.Endangered Species Act, endangered species, recovery plans, U.S. Fish and Wildlife Service, biodiversity, critical habitat, Research and Development/Tech Change/Emerging Technologies,

    SUCCESS OR FAILURE? ORDERED PROBIT APPROACHES TO MEASURING THE EFFECTIVENESS OF THE ENDANGERED SPECIES ACT

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    The Endangered Species Act (ESA) is one of the most controversial pieces of environmental legislation. Part of the controversy stems from doubts about its effectiveness in generating improvements in species viability. This paper uses ordered probit models to test whether the ESA has been successful in promoting species recovery. We find a negative correlation between listing and species recovery. Additionally, we find evidence of positive effects for species-specific spending and the achievement of recovery goals. The evidence also shows that recovery plan completion and the designation of critical habit are not correlated or negatively correlated with recovery.Resource /Energy Economics and Policy,

    Local Employment Growth, Migration, and Public Land Policy: Evidence from the Northwest Forest Plan

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    Debates over protecting public land reveal two views. Some argue protection reduces commodity production, reducing local employment and increasing out-migration. Others contend protection produces amenities that support job growth and attract migrants. We test these competing views for the Northwest Forest Plan (NWFP), which reallocated 11 million acres of federal land from timber production to protecting old-growth forest species. We find evidence that land protection directly reduced local employment growth and increased net migration. The total negative effect on employment was offset only slightly by positive migration-driven effects. Employment losses were concentrated in metropolitan counties, but percentage losses were higher in rural counties.amenities, employment growth, migration, Northwest Forest Plan, oldgrowth forests, public land management, Community/Rural/Urban Development, Land Economics/Use,

    Efficiency and Vertical Integration: The Case of Mine-Mouth Electric Generating Plants.

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    This paper tests four propositions regarding the efficiency of vertical arrangements: (1) vertically integrated and nonintegrated firms allocate inputs with efficiency and (2) achieve equal technical efficiency; (3) upstream transaction-specific investments provide monopsony power; and (4) monopsony behavior does not differ by vertical arrangement. A behavioral cost function for mine-mouth generating plants is estimated. The findings include significant differences in the allocative efficiency of integrated versus nonintegrated plants and increased technical efficiency for vertically integrated plants. Transaction-specific investments in mines provide monopsony power. Nonintegrated plants exercise this power, while integrated plants do not. Copyright 1991 by Blackwell Publishing Ltd.

    SUCCESS OR FAILURE? ORDERED PROBIT APPROACHES TO MEASURING THE EFFECTIVENESS OF THE ENDANGERED SPECIES ACT

    No full text
    The Endangered Species Act (ESA) is one of the most controversial pieces of environmental legislation. Part of the controversy stems from doubts about its effectiveness in generating improvements in species viability. This paper uses ordered probit models to test whether the ESA has been successful in promoting species recovery. We find a negative correlation between listing and species recovery. Additionally, we find evidence of positive effects for species-specific spending and the achievement of recovery goals. The evidence also shows that recovery plan completion and the designation of critical habit are not correlated or negatively correlated with recovery

    Allocating Conservation Resources under the Endangered Species Act

    No full text
    The necessity to develop a priority system to guide the allocation of resources to the conservation of endangered species is widely recognized. The economic theory of biodiversity has established a framework to do so, and has identified priority criteria that should be considered when making conservation decisions. This paper uses a random effects ordered probit model of endangered species recovery to simulate the effects of reallocating conservation funds among species listed under the Endangered Species Act according to these criteria. Our results suggest that if the goal of conservation policy is to preserve a diverse set of species, reallocating conservation funds according to criteria identified by economic theory would yield an improvement over actual spending patterns without significant tradeoffs in terms of overall species recovery
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