Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/17717 
Authors: 
Year of Publication: 
2001
Series/Report no.: 
Kiel Working Paper No. 1054
Publisher: 
Kiel Institute of World Economics (IfW), Kiel
Abstract: 
Since naturally occurring genetic information serves as a valuable input for biotechnological R&D, the private provision of genetic resources could generate income for the protection of biodiversity-rich areas. However, there has been a controversy over whether these potential revenues are sufficient to compensate for the costs of protection and, therefore, whether markets for genetic resources can effectively contribute to the conservation of biodiversity. In this paper, a market framework is developed to describe possible market outcomes, each with a different impact on conservation. It turns out that the market-induced incentives to conserve depend on the specific situation on the supply and demand side of the market.
Subjects: 
Biodiversity
Biotechnological R&D
Conservation
Genetic Resources
Land-Use
JEL: 
O13
O31
Q2
Q1
Document Type: 
Working Paper

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