Reconciling Conservation and Development: A Dynamic Hotelling Model of Extractive Reserves
通过动态空间竞争模型，在有利条件下检验采掘保护区的长期可行性，发现其理论上成立需满足多项严格条件，对评估该政策工具的有效性有参考价值。
<i>The instrument of extractive reserves has been advertised as a novel approach to reconciling biodiversity conservation and economic development. The empirical literature analyzing extractive reserves, however, delivers an ambiguous assessment of its success. This paper asks whether extractive reserves are capable of delivering long-term development benefits, even in theory. The analysis is carried out by assessing the long-run viability of an extractive reserve under a set of favorable conditions, through a dynamic model of spatial competition. We show that for extractive reserves to be even theoretically viable, a number of restrictive conditions have to be fulfilled.</i>