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ECONOMIC ASPECTS OF LAND DEGRADATION IN AUSTRALIA
Author(s) -
Kirby Michael G.,
Blyth Michael J.
Publication year - 1987
Publication title -
australian journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.683
H-Index - 49
eISSN - 1467-8489
pISSN - 0004-9395
DOI - 10.1111/j.1467-8489.1987.tb00672.x
Subject(s) - land degradation , economic interventionism , intervention (counseling) , natural resource economics , government (linguistics) , environmental degradation , business , land management , resource (disambiguation) , resource allocation , land use , environmental planning , environmental resource management , degradation (telecommunications) , environmental economics , economics , geography , computer science , political science , engineering , civil engineering , market economy , politics , telecommunications , psychology , ecology , computer network , linguistics , philosophy , psychiatry , law , biology
In this article an overview of several economic aspects of land degradation in Australia is presented. The economic rationale for government intervention in land management decisions relating to degradation is explored. Some potential sources of inefficient private land use decisions are identified. However, there are significant difficulties in designing policies which will result in resource allocation decisions superior to market outcomes.