RESOURCE DEGRADATION ON AGRICULTURAL LAND: INFORMATION PROBLEMS, MARKET FAILURES AND GOVERNMENT INTERVENTION

Information problems impede private contracting for the supply of many natural resource services. They are also likely to prevent the government identifying and achieving optimum levels of natural resource degradation on agricultural land. In particular, the distributional impacts of government intervention create incentives for strategic distortions of information by interested parties. Resource conservation measures which impose costs on beneficiaries, and which provide positive incentives for farmers to monitor resource degradation, may be superior because they reduce information problems.


Issue Date:
1987-04
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/22579
Published in:
Australian Journal of Agricultural Economics, Volume 31, Number 1
Page range:
45-55
Total Pages:
11




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

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