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Wildlife, biodiversity and trade

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  • BARBIER, EDWARD B.
  • SCHULZ, CARL-ERIK

Abstract

This article develops a model of wild-resource exploitation that includes both the standard bioeconomic properties of growth and harvesting and a species-area relationship linked to habitat conversion. The model is developed for both a closed and an open economy. In the closed-economy model the characteristics of the long-run equilibrium are analysed in three versions of the model: the basic bioeconomic model, the inclusion of habitat conversion and the addition of biodiversity value. In the case of the open-economy model, we also examine the potential effects of trade interventions on the optimal exploitation of species and habitat conversion in the long run. The results confirm that the inclusion of habitat conversion as well as biodiversity value in a model of wild-resource exploitation yields significantly different outcomes than a basic bioeconomic model.

Suggested Citation

  • Barbier, Edward B. & Schulz, Carl-Erik, 1997. "Wildlife, biodiversity and trade," Environment and Development Economics, Cambridge University Press, vol. 2(2), pages 145-172, May.
    • Handle: RePEc:cup:endeec:v:2:y:1997:i:02:p:145-172_00
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    Citations

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    Cited by:

    1. Thomas Eichner & Rüdiger Pethig, 2019. "Coaseian Biodiversity Conservation and Market Power," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 72(3), pages 849-873, March.
    2. Brian R. Copeland & M. Scott Taylor, 2004. "Trade, Growth, and the Environment," Journal of Economic Literature, American Economic Association, vol. 42(1), pages 7-71, March.
    3. Erwin Bulte & Edward Barbier, 2005. "Trade and Renewable Resources in a Second Best World: An Overview," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 30(4), pages 423-463, April.
    4. Edwards, Eric C. & Go, Dong-Hun & Oladi, Reza, 2020. "Predator–prey dynamics in general equilibrium and the role of trade," Resource and Energy Economics, Elsevier, vol. 61(C).
    5. Eichner, Thomas & Pethig, Rüdiger, 2016. "Coaseian biodiversity conservation. Who benefits?," VfS Annual Conference 2016 (Augsburg): Demographic Change 145745, Verein für Socialpolitik / German Economic Association.
    6. Eppink, Florian V. & Withagen, Cees A., 2009. "Spatial patterns of biodiversity conservation in a multiregional general equilibrium model," Resource and Energy Economics, Elsevier, vol. 31(2), pages 75-88, May.
    7. Tapio Palokangas, 2017. "Regulation versus subsidies in conservation with a self-interested policy maker," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 19(1), pages 183-196, January.
    8. Antoci, Angelo & Borghesi, Simone & Russu, Paolo, 2004. "Biodiversity and economic growth: stabilization versus preservation of the ecological dynamics," MPRA Paper 13666, University Library of Munich, Germany.
    9. Barbier, Edward B. & Bulte, Erwin H., 2004. "Introduction to the symposium on trade, renewable resources and biodiversity," Journal of Environmental Economics and Management, Elsevier, vol. 48(2), pages 883-890, September.
    10. Polasky, Stephen & Costello, Christopher & McAusland, Carol, 2004. "On trade, land-use, and biodiversity," Journal of Environmental Economics and Management, Elsevier, vol. 48(2), pages 911-925, September.
    11. Horatiu Rus, 2012. "Transboundary Marine Resources and Trading Neighbours," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 53(2), pages 159-184, October.
    12. Horatiu A. Rus, 2016. "Renewable Resources, Pollution and Trade," Review of International Economics, Wiley Blackwell, vol. 24(2), pages 364-391, May.
    13. William Brock & Ann Kinzig & Charles Perrings, 2010. "Modeling the Economics of Biodiversity and Environmental Heterogeneity," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 46(1), pages 43-58, May.
    14. Naoto Jinji, 2006. "International trade and terrestrial open-access renewable resources in a small open economy," Canadian Journal of Economics, Canadian Economics Association, vol. 39(3), pages 790-808, August.
    15. Russu, Paolo, 2012. "On the Optimality of Limit Cycles in Nature Based-Tourism," MPRA Paper 36599, University Library of Munich, Germany.
    16. Carl-Erik Schulz, 1996. "Trade policy and ecology," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 8(1), pages 15-38, July.

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