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Pacific Salmon Restoration: Trade‐Offs Between Economic Efficiency And Political Acceptance

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  • Junjie Wu
  • Katharine Skelton‐Groth
  • William G. Boggess
  • Richard M. Adams

Abstract

There is no simple solution to the problems of salmon restoration given substantial political and scientific uncertainties. There are, however, some local findings in Oregon that can provide guidance to resource managers charged with allocating funds for conservation purposes. This article shows that in most salmon habitat investments, there are likely to be strong nonlinearities (cumulative and threshold effects) that mitigate against politically palatable allocation criteria. In fact, this research indicates that decisions based on political equity concerns may actually lead to the lowest possible benefits to society. These scientific nonlinearities may make the political resolution of salmon recovery more difficult.

Suggested Citation

  • Junjie Wu & Katharine Skelton‐Groth & William G. Boggess & Richard M. Adams, 2003. "Pacific Salmon Restoration: Trade‐Offs Between Economic Efficiency And Political Acceptance," Contemporary Economic Policy, Western Economic Association International, vol. 21(1), pages 78-89, January.
  • Handle: RePEc:bla:coecpo:v:21:y:2003:i:1:p:78-89
    DOI: 10.1093/cep/21.1.78
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    References listed on IDEAS

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    1. Marc O. Ribaudo, 1989. "Targeting the Conservation Reserve Program to Maximize Water Quality Benefits," Land Economics, University of Wisconsin Press, vol. 65(4), pages 320-332.
    2. JunJie Wu & Richard M. Adams & William G. Boggess, 2000. "Cumulative Effects and Optimal Targeting of Conservation Efforts: Steelhead Trout Habitat Enhancement in Oregon," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(2), pages 400-413.
    3. Wu, JunJie & Boggess, William G., 1999. "The Optimal Allocation of Conservation Funds," Journal of Environmental Economics and Management, Elsevier, vol. 38(3), pages 302-321, November.
    4. Sanchirico, James N. & Wilen, James E., 1999. "Bioeconomics of Spatial Exploitation in a Patchy Environment," Journal of Environmental Economics and Management, Elsevier, vol. 37(2), pages 129-150, March.
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    Cited by:

    1. Jager, Henriëtte I. & Efroymson, Rebecca A. & Opperman, Jeff J. & Kelly, Michael R., 2015. "Spatial design principles for sustainable hydropower development in river basins," Renewable and Sustainable Energy Reviews, Elsevier, vol. 45(C), pages 808-816.
    2. Tran, Ngoc Bich & Ley, Eduardo, 2012. "Green prices," Policy Research Working Paper Series 6131, The World Bank.

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