IDEAS home Printed from https://ideas.repec.org/p/ags/aaea03/22149.html
   My bibliography  Save this paper

A Dynamic And Stochastic Perspective On The Role Of Time In Range Management

Author

Listed:
  • Batabyal, Amitrajeet A.
  • Biswas, Basudeb
  • Godfrey, E. Bruce

Abstract

This chapter uses a new ecological-economic approach to analyze the role of time in range management in a dynamic and stochastic setting. We first construct a theoretical model of a parcel of rangeland in which time restrictions are used to manage the land. We then show how the dynamic and the stochastic properties of this rangeland can be used to construct two managerial objectives that are ecologically and economically meaningful. Finally, using these two objectives, we discuss an approach to range management in which the manager has two interrelated goals. This manager maximizes the profits from range operations and (s)he also takes steps to move the rangeland away from the least desirable state of existence.

Suggested Citation

  • Batabyal, Amitrajeet A. & Biswas, Basudeb & Godfrey, E. Bruce, 2003. "A Dynamic And Stochastic Perspective On The Role Of Time In Range Management," 2003 Annual meeting, July 27-30, Montreal, Canada 22149, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea03:22149
    DOI: 10.22004/ag.econ.22149
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/22149/files/sp03ba01.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.22149?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
    ---><---

    References listed on IDEAS

    as
    1. Karpoff, Jonathan M, 1987. "Suboptimal Controls in Common Resource Management: The Case of the Fishery," Journal of Political Economy, University of Chicago Press, vol. 95(1), pages 179-194, February.
    2. Batabyal, Amitrajeet A. & Beladi, Hamid, 2004. "Time restrictions in natural resource management: A dynamic and stochastic analysis," European Journal of Operational Research, Elsevier, vol. 157(3), pages 775-783, September.
    3. McCluskey, Jill J. & Rausser, Gordon C., 1999. "Federal Grazing Reform And Avoidable Risk," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 24(01), pages 1-15, July.
    4. Coomes, Oliver T. & Grimard, Franque & Burt, Graeme J., 2000. "Tropical forests and shifting cultivation: secondary forest fallow dynamics among traditional farmers of the Peruvian Amazon," Ecological Economics, Elsevier, vol. 32(1), pages 109-124, January.
    5. Swinkels, R.A. & Franzel, S. & Shepherd, K.D. & Ohlsson, E. & Ndufa, J.K., 1997. "The economics of short rotation improved fallows: evidence from areas of high population density in Western Kenya," Agricultural Systems, Elsevier, vol. 55(1), pages 99-121, September.
    6. Batabyal, Amitrajeet A., 1998. "The concept of resilience: retrospect and prospect," Environment and Development Economics, Cambridge University Press, vol. 3(2), pages 221-262, May.
    7. Ray G. Huffaker & James E. Wilen & B. Delworth Gardner, 1989. "Multiple Use Benefits on Public Rangelands: An Incentive-Based Fee System," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 71(3), pages 670-678.
    8. Charles Perrings, 1998. "Resilience in the Dynamics of Economy-Environment Systems," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 11(3), pages 503-520, April.
    9. L. Allen Torell & Kenneth S. Lyon & E. Bruce Godfrey, 1991. "Long-Run versus Short-Run Planning Horizons and the Rangeland Stocking Rate Decision," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(3), pages 795-807.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Batabyal, Amitrajeet A., 2000. "An interdisciplinary research agenda for the study of ecological-economic systems in the American West," Resources Policy, Elsevier, vol. 26(2), pages 69-75, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Batabyal, Amitrajeet A. & Beladi, Hamid, 2001. "On the optimal management of a class of aquatic ecological-economic systems," European Journal of Operational Research, Elsevier, vol. 132(3), pages 561-568, August.
    2. repec:ebl:ecbull:v:17:y:2004:i:3:p:1-10 is not listed on IDEAS
    3. Amitrajeet A. Batabyal & Gregory J. DeAngelo, 2008. "A Dynamic And Stochastic Analysis Of Fertilizer Use In Swidden Agriculture," World Scientific Book Chapters, in: Dynamic And Stochastic Approaches To The Environment And Economic Development, chapter 4, pages 67-78, World Scientific Publishing Co. Pte. Ltd..
    4. Amitrajeet A. Batabyal & Dug Man Lee, 2008. "Aspects Of Land Use In Slash And Burn Agriculture," World Scientific Book Chapters, in: Dynamic And Stochastic Approaches To The Environment And Economic Development, chapter 3, pages 57-66, World Scientific Publishing Co. Pte. Ltd..
    5. Batabyal, Amitrajeet A., 2000. "An interdisciplinary research agenda for the study of ecological-economic systems in the American West," Resources Policy, Elsevier, vol. 26(2), pages 69-75, June.
    6. Aura Reggiani & Thomas de Graaff & Peter Nijkamp, 2001. "Resilience: An Evolutionary Approach to Spatial Economic Systems," Tinbergen Institute Discussion Papers 01-100/3, Tinbergen Institute.
    7. Batabyal, Amitrajeet A. & Beladi, Hamid, 2004. "Time restrictions in natural resource management: A dynamic and stochastic analysis," European Journal of Operational Research, Elsevier, vol. 157(3), pages 775-783, September.
    8. Marco Modica & Aura Reggiani, 2015. "Spatial Economic Resilience: Overview and Perspectives," Networks and Spatial Economics, Springer, vol. 15(2), pages 211-233, June.
    9. C. Martijn van der Heide & Jeroen C.J.M. van den Bergh & Ekko C. van Ierland, 1999. "Globalisation and Nature Policy: An Integrated Environmental-Economic Framework," Tinbergen Institute Discussion Papers 99-090/3, Tinbergen Institute.
    10. Brand, Fridolin, 2005. "Ecological resilience and its relevance within a theory of sustainable development," UFZ Reports 03/2005, Helmholtz Centre for Environmental Research (UFZ).
    11. Reggiani, Aura, 2013. "Network resilience for transport security: Some methodological considerations," Transport Policy, Elsevier, vol. 28(C), pages 63-68.
    12. Alessandro Tavoni & Simon Levin, 2014. "Managing the climate commons at the nexus of ecology, behaviour and economics," Nature Climate Change, Nature, vol. 4(12), pages 1057-1063, December.
    13. Onil Banerjee & Martin Cicowiez & Marcia Macedo & Žiga Malek & Peter Verburg & Sean Goodwin & Renato Vargas & Ludmila Rattis & Paulo M. Brando & Michael T. Coe & Christopher Neill & Octavio Damiani, 2020. "An Amazon Tipping Point: The Economic and Environmental Fallout," CEDLAS, Working Papers 0292, CEDLAS, Universidad Nacional de La Plata.
    14. Nunes, P.A.L.D. & Nijkamp, P., 2011. "Biodiversity: Economic perspectives," Serie Research Memoranda 0002, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    15. Oliver Fromm, 2000. "Ecological Structure and Functions of Biodiversity as Elements of Its Total Economic Value," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 16(3), pages 303-328, July.
    16. López, Santiago & Sierra, Rodrigo, 2011. "A resource demand model of indigenous production: The Jivaroan cultivation systems of Western Amazonia," Agricultural Systems, Elsevier, vol. 104(3), pages 246-257, March.
    17. Shogren, Jason F. & Finnoff, David & McIntosh, Chris & Settle, Chad, 2006. "Integration-Valuation Nexus in Invasive Species Policy," Agricultural and Resource Economics Review, Cambridge University Press, vol. 35(1), pages 11-20, April.
    18. Klemick, Heather, 2011. "Constraints or Cooperation? Determinants of Secondary Forest Cover Under Shifting Cultivation," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 40(3), pages 1-17, December.
    19. Sserunkuuma, Dick & Olson, Kent D., 1998. "Externalities, Risk And The Private Property-Overgrazing Paradox: The Case Of Private Cattle Farms In Nyabushozi County, Western Uganda," Working Papers 14372, University of Minnesota, Center for International Food and Agricultural Policy.
    20. Jeroen C.J.M. van den Bergh, 2014. "Sustainable development in ecological economics," Chapters, in: Giles Atkinson & Simon Dietz & Eric Neumayer & Matthew Agarwala (ed.), Handbook of Sustainable Development, chapter 3, pages 41-54, Edward Elgar Publishing.
    21. Molyneaux, Lynette & Brown, Colin & Wagner, Liam & Foster, John, 2016. "Measuring resilience in energy systems: Insights from a range of disciplines," Renewable and Sustainable Energy Reviews, Elsevier, vol. 59(C), pages 1068-1079.

    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:ags:aaea03:22149. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    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.