TY - JOUR
T1 - Spatial patterns of biodiversity conservation in a multiregional general equilibrium model
AU - Withagen, C.A.A.M.
AU - Eppink, F.V.
PY - 2009
Y1 - 2009
N2 - Migration dynamics and local biodiversity are interrelated in a way that is likely to affect patterns of regional specialisation. We assess this relationship with a New Economic Geography model that has been extended with biodiversity. Biodiversity is heterogeneous, and responds to habitat availability. The results indicate that a symmetric pattern of regional specialisation is more likely, and that additional equilibria may emerge as the marginal utility of biodiversity increases. In the policy analysis we focus on the case where the overall social optimum is symmetric and show that it can be supported as a non-cooperative Nash equilibrium. However, multiple Nash equilibria may exist. © 2009 Elsevier B.V. All rights reserved.
AB - Migration dynamics and local biodiversity are interrelated in a way that is likely to affect patterns of regional specialisation. We assess this relationship with a New Economic Geography model that has been extended with biodiversity. Biodiversity is heterogeneous, and responds to habitat availability. The results indicate that a symmetric pattern of regional specialisation is more likely, and that additional equilibria may emerge as the marginal utility of biodiversity increases. In the policy analysis we focus on the case where the overall social optimum is symmetric and show that it can be supported as a non-cooperative Nash equilibrium. However, multiple Nash equilibria may exist. © 2009 Elsevier B.V. All rights reserved.
U2 - 10.1016/j.reseneeco.2008.09.007
DO - 10.1016/j.reseneeco.2008.09.007
M3 - Article
SN - 0928-7655
VL - 31
SP - 75
EP - 88
JO - Resource and Energy Economics
JF - Resource and Energy Economics
ER -