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The Effects Of Land Conservation On Productivity, Robert Mccormick, Carolyn Fuwa
The Effects Of Land Conservation On Productivity, Robert Mccormick, Carolyn Fuwa
Journal of Environmental and Resource Economics at Colby
In this research the relationship between productivity of land conservation is analyzed using panel data of the GDP and acres conserved of all 50 U.S. states from 1998-2005. Two main theories of the conservation productivity relationship exist. The first maintains that conservation impedes productivity because it does not allow land cultivation. Conversely, the second theory maintains that land conservation has a positive effect on GDP due to the recreation and tourism it creates. Through the use of fixed effects and random effects regressions, the amount of land conserved per state is not a significant predictor of state GDP The GDP …