Optimal Allocation of Land between Productive Use and Recreational Use.
This paper is an inquiry into the optimal allocation of time and natural areas to recreational uses, which have the feature of being a pure and continuous public good. We address this issue with a comprehensive approach. A static rational general equilibrium framework is developed in which heterogen...
| Publicado en: | Journal of Regional Science Vol. 43; no. 2; pp. 269 - 294 |
|---|---|
| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
May 2003
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=513135367&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 513135367 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00224146 RSC jtl: Journal of Regional Science issn: 00224146 maglogo: N pubinfo: dt: May 2003 vid: 43 iid: 2 pid: 480 pub: Wiley-Blackwell artinfo: ui: 513135367 10.1111/1467-9787.00299 ppf: 269 ppct: 25 formats: tig: atl: Optimal Allocation of Land between Productive Use and Recreational Use. aug: au: Giménez, Eduardo L. González-Gómez, Manuel su: Resource allocation -- Mathematical models Land use Mathematical models Real property Recreation areas Valuation sug: subj: Resource allocation -- Mathematical models Land use Mathematical models Real property Recreation areas Valuation keyword: Amenities (Real property) ab: This paper is an inquiry into the optimal allocation of time and natural areas to recreational uses, which have the feature of being a pure and continuous public good. We address this issue with a comprehensive approach. A static rational general equilibrium framework is developed in which heterogeneous agents allocate land and time endowments between alternative uses. This modeling has important advantages. First, Pareto-optimal and voluntary-contribution equilibrium allocations are obtained in a unified set-up. Second, the suboptimality result of the decentralized equilibrium, the free-rider problem on the provision of this nonexcludable public good, and different mechanisms to return the economy to its first-best are analyzed. Finally, a methodological critique is made of some empirical literature, and it is suggested that our theoretical microeconomic-based structure seems to be a suitable starting point for empirical research. Reprinted by permission of the publisher. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
|---|