Economic considerations of land-use and landcare in the Peel-Harvey Catchment
The first section of this paper reviews some spreadsheets of land-use profitability by soil type which were developed in a previous study, The economic land capability assessment, Waroona to Cape!. The second section discusses how externalities can be accounted for by developing a range of complementary approaches which reinforce property rights.The spreadsheets reviewed were developed as an aid to aggregate land-use planning, and were proposed as a basis for determining transfer payments to reflect the social costs of phosphorus pollution. The spreadsheets were found to lack the flexibility needed to compare alternative management options, and considered inappropriate for dealing with the question of externalities.
(1997), Economic considerations of land-use and landcare in the Peel-Harvey Catchment. Department of Agriculture and Food, Western Australia, Perth. Report 2/97.