Publications by year
2019
Smith GS, Day B, Binner A (2019). Multiple‑Purchaser Payments for Ecosystem Services: an Exploration Using Spatial Simulation Modelling.
Environmental and Resource EconomicsAbstract:
Multiple‑Purchaser Payments for Ecosystem Services: an Exploration Using Spatial Simulation Modelling
This paper focuses on the issue of payments for ecosystem services (PES) mechanism design when the activity incentivised through the scheme benefits multiple groups, each of whom might be prepared to contribute to payments made through the scheme. In particular, we examine spatial coordination on the demand side of the market; that is to say, the question of which beneficiary of the PES scheme buys land-management changes on which land parcels. We show through spatial simulation modelling that it is possible for negotiation to lead to Pareto improvements when compared to solutions reached through non-cooperative strategic solutions; however, we also show that this result is not universal and only holds under certain conditions. In particular, the spatial correlation and spatial interdependence of the ecosystem service benefits are key in determining whether negotiation between beneficiaries is optimal and therefore if policy makers and designers of PES schemes should be prioritising bringing together multiple beneficiaries of ecosystem services.
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2018
Davis KJ, Binner A, Bell A, Day B, Poate T, Rees S, Smith G, Wilson K, Bateman I (2018). A generalizable integrated natural capital methodology for targeting investment in coastal defence.
Journal of Environmental Economics & Policy Full text.
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Binner A, Smith G, Faccioli M, Bateman I, Day B, Agarwala M, Harwood A (2018).
Valuing the social and environmental contribution of woodlands and trees
in England, Scotland and Wales. Second edition: to 2018., Land, Environment, Economics and Policy Institute (LEEP) University of Exeter Business School.
Abstract:
Valuing the social and environmental contribution of woodlands and trees
in England, Scotland and Wales. Second edition: to 2018
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2017
Binner AR, Day BH (2017). How Property Markets Determine Welfare Outcomes: an Equilibrium Sorting Model Analysis of Local Environmental Interventions.
Environmental and Resource EconomicsAbstract:
How Property Markets Determine Welfare Outcomes: an Equilibrium Sorting Model Analysis of Local Environmental Interventions
This paper examines the pivotal role played by property markets in determining the magnitude and distribution of welfare changes resulting from localised environmental change. We address that issue using an equilibrium sorting model (ESM) calibrated, by way of example, to the circumstances of a road infrastructure project in the English town of Polegate. Previous ESM research has tended to assume that all households rent property from a fixed property stock. The narrative that arises from those models concerns environmental gentrification, wherein access to environmentally improved locations is appropriated by the relatively wealthy through their ability to out-compete the less wealthy in the rental property market. Our research shows that to be only part of a much more complex story. We develop a model that extends the sophistication with which ESMs replicate property market dynamics, allowing for households to choose whether to rent or purchase their home and introducing greater realism into housing supply responses to changing market conditions. Our research shows that property markets redistribute welfare gains across the population in complex ways in which tenure choice and housing supply constraints play central roles.
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Binner AR, smith G, bateman I, day BH, agarwala M, harwood A (2017).
Valuing the social and environmental contribution of woodlands and trees in England, Scotland and Wales. Full text.
2016
Bateman I, Agarwala M, Binner A, Coombes E, Day B, Ferrini S, Fezzi C, Hutchins M, Lovett A, Posen P, et al (2016). Spatially explicit integrated modeling and economic valuation of climate driven land use change and its indirect effects.
J Environ Manage,
181, 172-184.
Abstract:
Spatially explicit integrated modeling and economic valuation of climate driven land use change and its indirect effects.
We present an integrated model of the direct consequences of climate change on land use, and the indirect effects of induced land use change upon the natural environment. The model predicts climate-driven shifts in the profitability of alternative uses of agricultural land. Both the direct impact of climate change and the induced shift in land use patterns will cause secondary effects on the water environment, for which agriculture is the major source of diffuse pollution. We model the impact of changes in such pollution on riverine ecosystems showing that these will be spatially heterogeneous. Moreover, we consider further knock-on effects upon the recreational benefits derived from water environments, which we assess using revealed preference methods. This analysis permits a multi-layered examination of the economic consequences of climate change, assessing the sequence of impacts from climate change through farm gross margins, land use, water quality and recreation, both at the individual and catchment scale.
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2015
Bateman IJ, Coombes E, Fitzherbert E, Binner A, Bad’ura T, Carbone C, Fisher B, Naidoo R, Watkinson AR (2015). Conserving tropical biodiversity via market forces and spatial targeting.
Proceedings of the National Academy of Sciences,
112(24), 7408-7413.
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Binner A, Day B (2015). Exploring mortgage interest deduction reforms: an equilibrium sorting model with endogenous tenure choice.
Journal of Public Economics,
122, 40-54.
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Elliott J, Day B, Jones G, Binner A, Smith GS, Skirvin D, Boatman ND, Tweedie F (2015).
Scoping the strengths and weaknesses of different auction and PES mechanisms for Countryside Stewardship. Full text.
2013
Bateman IJ, Harwood AR, Mace GM, Watson RT, Abson DJ, Andrews B, Binner A, Crowe A, Day BH, Dugdale S, et al (2013). Bringing ecosystem services into economic decision-making: land use in the United Kingdom.
Science,
341(6141), 45-50.
Abstract:
Bringing ecosystem services into economic decision-making: land use in the United Kingdom.
Landscapes generate a wide range of valuable ecosystem services, yet land-use decisions often ignore the value of these services. Using the example of the United Kingdom, we show the significance of land-use change not only for agricultural production but also for emissions and sequestration of greenhouse gases, open-access recreational visits, urban green space, and wild-species diversity. We use spatially explicit models in conjunction with valuation methods to estimate comparable economic values for these services, taking account of climate change impacts. We show that, although decisions that focus solely on agriculture reduce overall ecosystem service values, highly significant value increases can be obtained from targeted planning by incorporating all potential services and their values and that this approach also conserves wild-species diversity.
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Bateman IJ, Harwood AR, Mace GM, Watson RT, Abson DJ, Andrews B, Binner A, Crowe A, Day BH, Dugdale S, et al (2013). Ecosystem services: response.
Science,
342(6157), 421-422.
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2012
Bateman I, Binner A, Coombes E, Day B, Ferrini S, Fezzi C, Hutchins M, Posen P (2012). Integrated and spatially explicit modelling of the economic value of complex environmental change and its indirect effects.
Working Paper - Centre for Social and Economic Research on the Global Environment(1), 1-40.
Abstract:
Integrated and spatially explicit modelling of the economic value of complex environmental change and its indirect effects
Arguably the greatest challenge to contemporary research is to capture the inter-relatedness and complexity of the real world environment within models so at to better inform decision makers of the accurate and complete consequences of differing options. The paper presents an integrated model of the consequence of climate change upon land use and the secondary and subsequent effects arising subsequently. The model predicts the shift in land use which climate change is likely to induce and the impacts upon farm gross margins arising from this. However, both the direct driver of climate change and the induced shift in land use patterns will cause secondary effects upon the water environment for which agriculture is the major source of diffuse pollution. We model the consequent impact of changes in such pollution upon water ecology showing that these will be spatially specific and significant. These impacts are likely to cause further knock-on effects upon the recreational benefits of water environments and these are assessed using a spatially explicit revealed preference database. Taken together this analysis permits a holistic examination of a much wider range of effects and net value consequences arising from climate change impacts upon land use.
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