Invitation for the Weihenstephan Socioeconomic Colloquium Kathy Baylis Agriculture and Consumer Economics, University of Illinois Donnerstag, 08. November 2012 um 17 Uhr im Hörsaal 8, Wissenschaftszentrum Weihenstephan, Alte Akademie Thema: “Mandates, Management or Money: Which works best to conserve forest?” Abstract: Decision-makers are keen to learn which policy instruments are most effective at preserving forest. Using data from a patchwork of programs designed to preserve the overwintering habitat of the Monarch butterfly in central Mexico, we compare the effectiveness of three conservation instruments in limiting deforestation and forest degradation: logging bans, payment for ecosystem services (PES), and forest management. Using a spatially matched sample of one hectare parcels and a spatial-lag fixed effects panel regression, we find that for preserving forest, PES is the most effective, particularly in those communities that previously had a forest management plan in place. PES and logging bans on their own are of limited use in limiting forest degradation, while in those communities with pre-existing management plans, PES appears to protect dense forest. We also observe positive conservation effects of management on both forest and dense forest cover and this effect increases over time. Location: Lecture Room H8 (Alte Akademie 10, 85354 Freising-Weihenstephan). Regelmäßiger Termin: Donnerstag, 17 Uhr im Hörsaal 8, WZW Campus We look forward to welcoming you! Matthias Blum & Maarten Punt Technische Universität München Lehrstuhl Agrar- und Ernährungswirtschaft Weihenstephaner Steig 22 85354 Freising Sekretariat: Tel.: +49 8161 71-5180 Fax: +49 8161 71-3030 E-Mail: gabi-ruediger@mytum.de