This study, originally published in 1990, seeks to address several important policy questions associated with the ongoing depletion of forested wetlands. First, in the context of Environmental Impact Statements, should the estimated areas of impact of Federal flood-control and drainage projects on wetlands be limited to (minimal) construction impacts, or should they include impacts which occur when such projects cause private landowners to drain and clear their wetland holdings? A second crucial question is whether wetland depletion and conversion to agricultural cropland has been excessive. This title will be of interest to students of Environmental Economics and Policy.
List of Tables and Figures; Acknowledgements; 1. Introduction: Alternative Renewable Resource Strategies 2. Theory of Privately Optimal Resource Use: Market Allocations of Forested Wetlands and Agricultural Production 3. Econometric Analysis of Forested Wetland Conversion and Farmland Abandonment 4. Welfare Analysis of Forested Wetland Depletion 5. Summary and Conclusions; Appendices; Personal Communications; References
The volumes in this set, originally published between 1972 and 2000, draw together research by leading academics in the area of environmental and natural resource economics, and provides a rigorous examination of related key issues. The volumes examine pollution control and policy, and renewable and non-renewable resource economics, whilst also exploring the general principles and practices of environmental economics in various countries. This set will be of particular interest to students of economics and geography.