The Impacts of Protected Area Size on Land Acquisition Costs for Conservation
The size of the protected area is recognized as one of the key attributes for assessing the effectiveness of investing in protected areas. We evaluate the effectiveness of protected areas by examining economies of scale in size and the average cost of acquiring protected areas depending on the land acquisition contract types and motivations. We use recent land acquisitions (2000-2009) of the central and southern Appalachian forest ecosystems by The Nature Conservancy (TNC) as a case study.