SOAS Research Online

A Free Database of the Latest Research by SOAS Academics and PhD Students

[skip to content]

Groom, Benjamin and Palmer, Charles (2010) 'Cost Effective Provision of Environmental Services: The Role of Relaxing Market Constraints.' Environment and Development Economics, 15 (2). pp. 219-240.

This is the latest version of this item.

Full text not available from this repository.

Abstract

Ferraro and Simpson (2002) argue that when markets are competitive, direct payments for environmental services are more cost effective in achieving environmental goals than indirect payments, say, for capital. However, when eco-entrepreneurs face non-price rationing in input or output markets, as is typical for e.g. credit in developing countries for, we show that interventions which relax constraints can be more cost-e¤ective than direct payments. One corollary of this is that such indirect payments can be preferred to direct payments by interveners (e.g. NGOs) and eco-entrepreneurs alike. Both of these outcomes are more likely when constraints are severe.

Item Type: Journal Article
SOAS Departments & Centres: Legacy Departments > Faculty of Law and Social Sciences > Department of Economics
ISSN: 1355770X
DOI (Digital Object Identifier): https://doi.org/10.1017/S1355770X09990167
Date Deposited: 10 Nov 2010 12:42
URI: http://eprints.soas.ac.uk/id/eprint/10902
Related URLs: (Publisher URL)

Altmetric Data

Available Versions of this Item

Statistics

Download activity - last 12 months
Downloads since deposit
0Downloads
215Hits
Accesses by country - last 12 months
Accesses by referrer - last 12 months

Repository staff only

Edit Item Edit Item