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Land-sparing vs land-sharing with incomplete policies

Abstract : This article analyses the trade-off between yield and farmed area when a valuable species is affected by agricultural practices. It revisits, from an economic perspective, the ‘land-sparing versus land-sharing’ debate. We show that the optimal yield is either increasing or decreasing with respect to the value of the species. Land-sparing and land-sharing are not necessarily antagonistic; for a sufficiently elastic demand function, both the optimal yield and the farmed area decrease with the public value of the species. A general assessment of a second-best policy is performed, and several particular policies are considered.
Keywords : Biodiversity
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Journal articles
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https://hal.inrae.fr/hal-02619826
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Submitted on : Monday, May 25, 2020 - 8:49:12 PM
Last modification on : Saturday, June 25, 2022 - 9:14:32 PM

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Guy Meunier. Land-sparing vs land-sharing with incomplete policies. European Review of Agricultural Economics, Oxford University Press (OUP), 2020, 47 (2), pp.438-466. ⟨10.1093/erae/jbz011⟩. ⟨hal-02619826⟩

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