The Performance of Compliance Measures and Instruments for Nitrate Nonpoint Pollution Control under Uncertainty and Alternative Agricultural Commodity Policy Regimes

Abrahams, Nii Adote, Shortle, James S., Agricultural and Resource Economics Review

Following Weitzman (1974), there is ample theoretical literature indicating that choice of pollution control instruments under conditions of uncertainty will affect the expected net benefits that can be realized from environmental protection. However, there is little empirical research on the ex ante efficiency of alternative instruments for controlling water, or other types of pollution, under uncertainty about costs and benefits. Using a simulation model that incorporates various sources of uncertainty, the ex ante efficiency of price and quantity controls applied to two alternative policy targets, fertilizer application rates and estimated excess nitrogen applications, are examined …

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Publication information: Article title: The Performance of Compliance Measures and Instruments for Nitrate Nonpoint Pollution Control under Uncertainty and Alternative Agricultural Commodity Policy Regimes. Contributors: Abrahams, Nii Adote - Author, Shortle, James S. - Author. Journal title: Agricultural and Resource Economics Review. Volume: 33. Issue: 1 Publication date: April 2004. Page number: 79. © Northeastern Agricultural and Resource Economics Association Oct 2008. Provided by ProQuest LLC. All Rights Reserved.

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