IDEAS home Printed from https://ideas.repec.org/a/taf/rsocec/v76y2018i3p335-351.html
   My bibliography  Save this article

Political markets? Politics and economics in the emergence of markets for biodiversity offsets

Author

Listed:
  • Carlos Ferreira
  • Jennifer Ferreira

Abstract

This paper analyses the relationship between politics and performativity of economics in the emergence of markets for biodiversity offsets. While the role of economics in constructing markets has been demonstrated by sociology and social studies of science, it has also become apparent that politics plays an important role in the material outcome of economic experiments. Two case studies of the creation of markets for biodiversity offsets are analysed, in the United States and England. The findings suggest that the creation of both markets is rooted in the language, concepts and models of economics. Politics, on the other hand, functions as a mediator of the material expression of those models. Through this mediation effect, similar economic models are performed differently, resulting in a variety of markets. This suggests that the material outcomes of processes of market creation are not defined at the outset, but can be influenced by political processes.

Suggested Citation

  • Carlos Ferreira & Jennifer Ferreira, 2018. "Political markets? Politics and economics in the emergence of markets for biodiversity offsets," Review of Social Economy, Taylor & Francis Journals, vol. 76(3), pages 335-351, July.
    • Handle: RePEc:taf:rsocec:v:76:y:2018:i:3:p:335-351
    DOI: 10.1080/00346764.2018.1463445
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00346764.2018.1463445
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00346764.2018.1463445?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Schulz, Tobias & Eggenberger, Tanja & Olschewski, Roland & Lieberherr, Eva, 2023. "Allowing for compensating lost habitats in the forest: Comparing institutional change in Germany and Switzerland," Forest Policy and Economics, Elsevier, vol. 150(C).
    2. Higashida, Keisaku & Tanaka, Kenta & Managi, Shunsuke, 2019. "The efficiency of conservation banking schemes with inter-regionally tradable credits and the role of mediators," Economic Analysis and Policy, Elsevier, vol. 62(C), pages 175-186.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rsocec:v:76:y:2018:i:3:p:335-351. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RRSE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.