The economics of the Food versus Biodiversity debate

Ecologists discuss the “food versus biodiversity” trade-offs in the fol- lowing terms: what is the land use configuration that minimizes biodiver- sity loss for a given food production target. This is, in economic terms, a cost-effectiveness approach related to the concept of Pareto-efficiency in the food-biodiversity outcomes map. This paper argues that economists should participate in this debate. A first set of results shows how the introduction of some basic micro-economic considerations modifies or reinforces the rec- ommendations of the ecological literature on how to preserve biodiversity while producing food. A second set of arguments emphasizes that it is not necessarily sensible, from an economic point of view, to set the debate in terms of food versus biodiversity. A wider, welfarist approach should be used.


Issue Date:
2014-08
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/182800
Total Pages:
33




 Record created 2017-04-01, last modified 2017-11-12

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