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Areas of Critical State Concern: Florida's Experience With the Green Swamp

Published online by Cambridge University Press:  28 April 2015

Clyde Kiker  and
Gary D. Lynne
Clyde Kiker
Affiliation:
Food and Resource Economics Department, University of Florida
Gary D. Lynne
Affiliation:
Food and Resource Economics Department, University of Florida
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Extract

Public concern has been expressed in most states over the adequacy of present allocative mechanisms to guide land and water use effectively. Private land and water use decisions are seen to have effects far beyond those intended by the decision makers. People intuitively recognize that society's natural resources are not being used to the greatest good when these “spillovers” occur. Ervin et al. (p. 4) have described the situation: “… given our (society's) broader viewpoint where impacts are taken into account which do not enter a firm's profit calculations (or a consumer's), the decision may well be socially inefficient.” The concern about these “spillovers” has led to calls for increased government intervention by way of regulation (Healy and Rosenberg). The implicit assumption is that government action can improve the efficiency of land and water use.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 13 , Issue 2 , December 1981 , pp. 149 - 155
Copyright
Copyright © Southern Agricultural Economics Association 1981

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References

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