Land Heterogeneity, Agricultural Income Foregone and Environmental Benefit: An Assessment of Incentive Compatibility Problems in Environmental Stewardship Schemes

Fraser, Robert (2009) Land Heterogeneity, Agricultural Income Foregone and Environmental Benefit: An Assessment of Incentive Compatibility Problems in Environmental Stewardship Schemes. Journal of Agricultural Economics, 60 (1). pp. 190-201. ISSN 1477-9552. (doi:10.1111/j.1477-9552.2008.00183.x) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:40506)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided.
Official URL: http://dx.doi.org/10.1111/j.1477-9552.2008.00183.x

Abstract

This paper examines the issue of incentive compatibility within environmental stewardship schemes, where incentive payments to farmers to provide environmental goods and services are based on foregone agricultural income. The particular focus of the paper is land heterogeneity, either of agricultural or environmental value, leading to divergence between the actual and socially optimal level of provision of environmental goods and services. Given land heterogeneity, such goods and services are likely to be systematically over- or under-provided in response to a flat rate payment for income foregone.

Item Type:	Article
DOI/Identification number:	10.1111/j.1477-9552.2008.00183.x
Additional information:	number of additional authors: 0;
Uncontrolled keywords:	Land Heterogeneity, agricultural income forgone, incentive compatibility, environmental stewardship, D82, L51, Q18, Q58
Subjects:	H Social Sciences > HB Economic Theory
Divisions:	Divisions > Division of Human and Social Sciences > School of Economics
Depositing User:	Stewart Brownrigg
Date Deposited:	07 Mar 2014 00:05 UTC
Last Modified:	16 Nov 2021 10:15 UTC
Resource URI:	https://kar.kent.ac.uk/id/eprint/40506 (The current URI for this page, for reference purposes)

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