Ecological compensation: How much and where?

Autor: Pascal Gastineau, Emmanuelle Taugourdeau, Pascal Mossay
Přispěvatelé: Systèmes Productifs, Logistique, Organisation des Transports et Travail (AME-SPLOTT ), Université Gustave Eiffel, Centre de Recherche en Économie et Statistique (CREST), Ecole Nationale de la Statistique et de l'Analyse de l'Information [Bruz] (ENSAI)-École polytechnique (X)-École Nationale de la Statistique et de l'Administration Économique (ENSAE Paris)-Centre National de la Recherche Scientifique (CNRS), Kyungpook National University [Daegu], École Nationale de la Statistique et de l'Administration Économique (ENSAE Paris)
Jazyk: angličtina
Rok vydání: 2021
Předmět:
Zdroj: Ecological Economics
Ecological Economics, Elsevier, 2021, 190, pp.107191. ⟨10.1016/j.ecolecon.2021.107191⟩
Ecological Economics, 2021, 190, 38p. ⟨10.1016/j.ecolecon.2021.107191⟩
ISSN: 0921-8009
DOI: 10.1016/j.ecolecon.2021.107191⟩
Popis: We develop a normative approach to optimal environmental compensation in a spatial framework. We determine both the location and the level of compensation that minimize the total cost of restoration while maintaining the social welfare unchanged. In our framework, the policy maker implements a No Net Loss policy that meets the No Worse-Off principle as well as a location constraint on the offset. We describe the additional ecological cost induced by the No Worse-Off principle and how the spatial distribution of individuals, the environment and land costs affect the compensation location. The location constraint is shown to give rise to a trade-off between the compensation cost and the inequality among individuals induced by the policy.
Databáze: OpenAIRE