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Ecosystem services v.23, 2017년, pp.30 - 37   SCIE SSCI
본 등재정보는 저널의 등재정보를 참고하여 보여주는 베타서비스로 정확한 논문의 등재여부는 등재기관에 확인하시기 바랍니다.

Can payments for ecosystem services schemes mimic markets?

Scheufele, Gabriela (Crawford School of Public Policy, The Australian National University, Stanner Building, Lennox Crossings, Building #37, Australia ); Bennett, Jeff (Crawford School of Public Policy, The Australian National University, Stanner Building, Lennox Crossings, Building #37, Australia );
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    Abstract A Payments for Ecosystem Services (PES) scheme can be understood as a mechanism that performs the role of a ‘market’ for Ecosystem Services (ES) in circumstances where such a market would otherwise fail to develop. We investigate the potential for and limits of PES schemes to act in lieu of competitive markets and propose a PES scheme design that mimics markets. This is achieved by applying their underpinning concepts of demand and supply to the determination of ‘market clearing’ prices, while reducing transaction costs of buyer and supplier engagement through the involvement of agents. The proposed design combines economic valuation techniques to estimate ES demand with a novel tendering process that allows the estimation of individual marginal cost curves of potential ES suppliers. Supply actions and ES are linked through ‘conversion factors’ derived from bio-physical models that act as environmental production functions. Demand and supply so estimated enable the determination of a ‘market clearing’ price which, when offered to suppliers, provides static and dynamic incentives for cost-effective supply. Mutually beneficial exchange between buyers and suppliers, as is facilitated under the PES scheme design, improves resource use efficiency while allowing both the buyers and the suppliers to secure surpluses. Highlights We propose a PES scheme that is based on using estimates of demand and supply to determine ‘market clearing’ prices for ES with the goal of improving resource use efficiency. The proposed PES scheme allows both buyers and suppliers to earn surpluses through ES payments rather than to limit suppliers’ incentives to indirect returns and informational rents. The proposed PES scheme provides static and dynamic incentives for cost-effective ES supply.


  • 주제어

    Payments for ecosystem services .   Market principles .   Resource use efficiency .   Competitive tendering.  

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