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Public Incentives for Conservation on Private Land

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  • Suter, Jordan
  • Sahan, Dissanayake
  • Lynne, Lewis

Abstract

Habitat destruction and fragmentation resulting from land development has motivated considerable public and private expenditures on land conservation initiatives. In addition to direct expenditures related to the procurement of conservation land, legislators have also put in place incentives aimed at encouraging private landowners to voluntarily donate conservation easements. Many landowners have taken advantage of these incentives, as private land held under conservation easement increased nearly five-fold between 2000 and 2010 (Land Trust Alliance 2010). This research seeks to inform the design and implementation of public incentives for conservation easements by analyzing how the tax incentives already in place have influenced the distribution of conservation easements and behavior of land trusts throughout the United States.

Suggested Citation

  • Suter, Jordan & Sahan, Dissanayake & Lynne, Lewis, 2014. "Public Incentives for Conservation on Private Land," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170706, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea14:170706
    DOI: 10.22004/ag.econ.170706
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    File URL: https://ageconsearch.umn.edu/record/170706/files/Easement%20draft_5_28_submission.pdf
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    References listed on IDEAS

    as
    1. Walter N. Thurman & Dominic P. Parker, 2011. "Crowding Out Open Space: The Effects of Federal Land Programs on Private Land Trust Conservation," Land Economics, University of Wisconsin Press, vol. 87(2), pages 202-222.
    2. Costello, Christopher & Polasky, Stephen, 2004. "Dynamic reserve site selection," Resource and Energy Economics, Elsevier, vol. 26(2), pages 157-174, June.
    3. Heidi J. Albers & Amy W. Ando, 2003. "Could State-Level Variation in the Number of Land Trusts Make Economic Sense?," Land Economics, University of Wisconsin Press, vol. 79(3), pages 311-327.
    4. Conrad, Jon M. & Gomes, Carla P. & van Hoeve, Willem-Jan & Sabharwal, Ashish & Suter, Jordan F., 2012. "Wildlife corridors as a connected subgraph problem," Journal of Environmental Economics and Management, Elsevier, vol. 63(1), pages 1-18.
    5. John F. Chamblee & Peter F. Colwell & Carolyn A. Dehring & Craig A. Depken, 2011. "The Effect of Conservation Activity on Surrounding Land Prices," Land Economics, University of Wisconsin Press, vol. 87(3), pages 453-472.
    6. Adina M. Merenlender, 2006. "Habitat and Open Space at Risk of Land-Use Conversion: Targeting Strategies for Land Conservation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 88(1), pages 28-42.
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    Land Economics/Use;

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