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Value capture mechanisms, transaction costs, and heritage conservation: A case study of Sanjiangyuan National Park, China

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  • Wu, Jiayu
  • Wu, Gefei
  • Zheng, Tianli
  • Zhang, Xiaobin
  • Zhou, Kan

Abstract

Value capture has been shown to be an innovative instrument to solve the dilemma of funding shortfalls for protected areas. However, value capture mechanisms are often ineffective even though financing from the domestic budget is sufficient. This paper structures a theoretical framework to compare two value capture mechanisms (ecological compensation and ecological migration) based on implementation effects (heritage protection and welfare promotion) and transaction costs (the costs of information, bargaining, and policing). Sanjiangyuan National Park in China is adopted as an empirical case. Based on multi-source data collection and in-depth interviews, we review the ecological compensation in multiple functions and ecological migration in multiple forms for this case. Our results suggest that value capture tools have attained great achievements and dramatically changed the lives of aborigines. We then evaluate implementation effects separately: compensation for ecological regulation, bonuses for incentives, and transfer payments to the poor could all contribute to better ecological restoration and increased resident income. However, although ecological engineering accounts for the largest expenditures, it has little influence on heritage protection and welfare promotion. We also find that the transaction costs of ecological migration are significantly higher than those of ecological compensation. To our knowledge, this investigation is the first attempt to understand domestic funds for protected areas from a novel value capture perspective, and the results of this study can provide guidance for both protected area finances and policy evaluation.

Suggested Citation

  • Wu, Jiayu & Wu, Gefei & Zheng, Tianli & Zhang, Xiaobin & Zhou, Kan, 2020. "Value capture mechanisms, transaction costs, and heritage conservation: A case study of Sanjiangyuan National Park, China," Land Use Policy, Elsevier, vol. 90(C).
    • Handle: RePEc:eee:lauspo:v:90:y:2020:i:c:s0264837719308063
    DOI: 10.1016/j.landusepol.2019.104246
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    References listed on IDEAS

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    Cited by:

    1. Wu, Jiayu & Wu, Gefei & Kong, Xinyu & Luo, Yiling & Zhang, Xiaobin, 2020. "Why should landowners in protected areas be compensated? A theoretical framework based on value capture," Land Use Policy, Elsevier, vol. 95(C).
    2. Ting Ma & Brent Swallow & J. Marc Foggin & Linsheng Zhong & Weiguo Sang, 2023. "Co-management for sustainable development and conservation in Sanjiangyuan National Park and the surrounding Tibetan nomadic pastoralist areas," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-13, December.
    3. Andrew Rule & Sarah-Eve Dill & Gordy Sun & Aidan Chen & Senan Khawaja & Ingrid Li & Vincent Zhang & Scott Rozelle, 2022. "Challenges and Opportunities in Aligning Conservation with Development in China’s National Parks: A Narrative Literature Review," IJERPH, MDPI, vol. 19(19), pages 1-24, October.
    4. Wei Zhang & Liang Zhou & Yan Zhang & Zhijie Chen & Fengning Hu, 2022. "Impacts of Ecological Migration on Land Use and Vegetation Restoration in Arid Zones," Land, MDPI, vol. 11(6), pages 1-19, June.
    5. Xianyang Liu & Qingwen Min & Wenjun Jiao, 2022. "Revealing Changes in the Management Capacity of the Three-River-Source National Park, China: An Application of the Best Practice-Based Evaluation Method," Land, MDPI, vol. 11(9), pages 1-17, September.
    6. Dimitrios Kalfas & Fotios Chatzitheodoridis & Efstratios Loizou & Katerina Melfou, 2022. "Willingness to Pay for Urban and Suburban Green," Sustainability, MDPI, vol. 14(4), pages 1-21, February.
    7. Ting Ma & Kun Xu & Yiming Xing & Hang Shu & Weiguo Sang, 2020. "Tendencies of Residents in Sanjiangyuan National Park to the Optimization of Livelihoods and Conservation of the Natural Reserves," Sustainability, MDPI, vol. 12(12), pages 1-17, June.
    8. Abdu, Nizam & Tinch, Elena & Levitt, Clinton & Volker, Peter W. & Hatton MacDonald, Darla, 2022. "Illegal firewood collection in Tasmania: Approaching the problem with the Institutional Analysis and Development (IAD) framework," Land Use Policy, Elsevier, vol. 118(C).
    9. Rui Wang & Yuan Gao, 2022. "An Evaluation of Factors Influencing Urban Integration and Livelihood of Eco-Migrant Families: Quantitative Evidence from Western China," Sustainability, MDPI, vol. 14(23), pages 1-14, December.

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