RIGHTS TO CLEARED LAND AND THE CONTROL OF DRYLAND‐SEEPAGE SALINITY*
Open Access
- 1 December 1982
- journal article
- research article
- Published by Wiley in Australian Journal of Agricultural Economics
- Vol. 26 (3) , 185-201
- https://doi.org/10.1111/j.1467-8489.1982.tb00412.x
Abstract
The phenomenon of the clearance of deep‐rooting vegetation leading to dryland salinity exhibits a number of characteristics which indicate the presence of market failure. These are discussed in the context of identifying an optimal level of clearance in a particular catchment. Various policies could be applied in order to correct for these problems. The potential for the use of taxes and regulations is examined and their limitations are identified. A scheme involving the use of transferable rights to cleared land is described and evaluated by means of a hypothetical example. Controls over land clearance will be more easily achieved when they are introduced at an early stage in the land development process.Keywords
This publication has 1 reference indexed in Scilit:
- Markets in licenses and efficient pollution control programsJournal of Economic Theory, 1972