Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/2846
Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: What drives long-run biodiversity change? New insights from combining economics, palaeoecology and environmental history
Author(s): Hanley, Nicholas
Tinch, Dugald
Angelopoulos, Konstantinos
Davies, Althea
Barbier, Edward B
Watson, Fiona
Contact Email: n.d.hanley@stir.ac.uk
Keywords: agricultural development
biodiversity
paleoecology
panel models
instrumental variables
Biodiversity
Biodiversity Economic aspects
Biodiversity Environmental aspects
Evolutionary paleoecology
Issue Date: Jan-2009
Date Deposited: 7-Apr-2011
Citation: Hanley N, Tinch D, Angelopoulos K, Davies A, Barbier EB & Watson F (2009) What drives long-run biodiversity change? New insights from combining economics, palaeoecology and environmental history. Journal of Environmental Economics and Management, 57 (1), pp. 5-20. http://www.sciencedirect.com/science/journal/00950696; https://doi.org/10.1016/j.jeem.2008.03.005
Abstract: This paper presents a new approach to understanding the effects of economic factors on biodiversity change over the long run. We illustrate this approach by studying the determinants of biodiversity change in upland Scotland from 1600-2000. The measure of biodiversity used is a proxy for plant species diversity, constructed using statistical analysis of paleoecological (pollen) data. We assemble a new data set of historical land use and prices over 11 sites during this 400 year period; this data set also includes information on changes in agricultural technology, climate and land ownership. A panel model is then estimated, which controls for both supply and demand shifts over time. A main result is that prices, which act in our model as a proxy for livestock numbers, do indeed impact on biodiversity, with higher prices leading to lower biodiversity.
URL: http://www.sciencedirect.com/science/journal/00950696
DOI Link: 10.1016/j.jeem.2008.03.005
Rights: Published in Journal of Environmental Economics and Management by Elsevier. Journal of Environmental Economics and Management, Volume 57, Issue 1, January 2009, pp. 5 - 20.; This is the peer reviewed version of this article.; NOTICE: this is the author’s version of a work that was accepted for publication in Journal of Environmental Economics and Management. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Journal of Environmental Economics and Management, VOL 57, ISSUE 1, (January 2009). DOI 10.1016/j.jeem.2008.03.005.

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