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| Author: | Caviglia-Harris, J. L. Kahn, J. R. Green, T. |
| Title: | Demand-side policies for environmental protection and sustainable usage of renewable resources |
| Journal: | Ecological Economics
2003 : APR, VOL. 45:1, p. 119-132 |
| Index terms: | DEMAND POLICY RENEWABLE RESOURCES ENVIRONMENTAL POLICY FORESTRY INDUSTRY FISHING INDUSTRY |
| Language: | eng |
| Abstract: | Since many renewable resource systems such as tropical and temperate forests, coral reefs, and wild fisheries are often exploited at unsustainable rates, studies aimed at reducing these trends have focused on the market failures associated with over-exploitation Within this framework, the literature devised what the authors term supply-side policies to correct these market failures Here the authors introduce demand-side policies into the mix of renewable resource and environmental management policies These policies are designed to increase the demand for goods produced in a sustainable fashion by (1) promoting the long-term conservation of natural capital assets, (2) promoting the attainment of economic efficiency, and (3) providing greater political acceptability relative to supply-side policies. |
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